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Reliance announces $110 bn AI push; TCS seals deal with OpenAI

Buzz line2 months ago010 mins

Days after Adani Group announced a mammoth $100 billion plan for artificial intelligence (AI)-ready data centers and power, fellow conglomerate Reliance Industries Ltd (RIL) fired another salvo on Thursday with a $110 billion ( ₹10 trillion) bet to build India’s sovereign AI backbone. The money would be invested over seven years by RIL and Jio…

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Reliance to invest ₹10 trillion to build AI ecosystem: Mukesh Ambani at AI summit

Buzz line2 months ago04 mins

New Delhi: Reliance Industries and its telecom arm Jio on Thursday announced a ₹10 trillion investment over the next seven years to build an AI ecosystem in the country. “India cannot afford to rent intelligence. Therefore, we will reduce the cost of intelligence as dramatically as we did the cost of data,” said Mukesh Ambani,…

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