New Delhi, Feb. 19 -- Mukesh Ambani on Thursday announced that Reliance Industries and its digital arm Jio will invest Rs10 lakh crore over the next seven years to drive India's artificial intelligence transformation strategy, spanning sovereign compute infrastructure, green energy and AI applications.
Addressing the India AI Impact Summit 2026 in the national capital, Ambani said, "Jio will now connect India to the intelligence era. India cannot afford to rent intelligence. Therefore, we will reduce the cost of intelligence as dramatically as we did the cost of data.""Jio, together with Reliance, will invest Rs 10 lakh crore over the next seven years starting this year. This is not a speculative investment. It is not for chasing valuation...