Mukesh Ambani's Reliance Bets Rs 10 Lakh Cr on India's AI Future

• Mukesh Ambani announced Reliance and Jio will invest Rs 10 lakh crore in AI infrastructure and innovation over seven years.
• The investment aims to make India a global leader in AI, leveraging its demographic strength, digital infrastructure, and data generation.
• Jio Intelligence will create India's sovereign AI compute infrastructure with gigawatt-scale data centers, green energy, and a nationwide edge compute layer.
• JioHotstar partners with OpenAI to integrate ChatGPT-powered voice discovery, offering multilingual, conversational search for content recommendations.
• Ambani emphasized that India cannot afford to 'rent intelligence' and aims to dramatically reduce the cost of AI, likening it to the mythical Akshay Patra.