Mukesh Ambani Unveils AI Revolution: Green Data Centers and Free Cloud Storage for All Indians
August 29, 2024At the recent 47th Annual General Meeting, Mukesh Ambani, Chairman of Reliance Industries, unveiled ambitious plans to democratize artificial intelligence (AI) by establishing AI-ready data centers in Jamnagar, Gujarat.
Ambani emphasized that this initiative aims to make AI applications more affordable and accessible for all Indians, aligning with Reliance's vision of 'AI everywhere for everyone'.
He also highlighted that these data centers will be powered entirely by Reliance's green energy, reinforcing the company's commitment to sustainability.
Ambani announced plans to transform Jamnagar into the 'energy capital of the world' by 2025, focusing on Reliance's New Energy business.
As part of this transformation, Reliance is launching 'Jio Brain', a suite of AI-powered tools designed to enhance decision-making and customer understanding across its operations.
During the meeting, Reliance showcased innovative AI applications, including JioPhonecall AI, which offers features like call recording, transcription, and translation.
Additionally, starting this Diwali, Jio will provide users with up to 100 GB of free cloud storage through its Jio AI-Cloud initiative, further enhancing user engagement.
Ambani reiterated Reliance's commitment to national interests, stating the company aims to create wealth and energy security for India.
He expressed confidence that Reliance's ongoing tech-driven transformation will accelerate growth and position the company among the world's top 30 firms.
While the announcement included ambitious plans, specific feasibility and timeline details were not provided, leaving some questions unanswered.
The Indian markets responded positively, with Reliance's announcements contributing to record highs in equity benchmarks.
Reliance is also collaborating with Jio Institute to foster next-generation AI talent in India through dedicated programs.
Summary based on 5 sources
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Sources
TechCrunch • Aug 29, 2024
AI dominates India's Reliance annual general meeting | TechCrunchBusiness Standard • Aug 29, 2024
Reliance announces green energy-powered data centres for AI in JamnagarBusiness Standard • Aug 29, 2024
RIL boosts shares to record, Nifty logs longest gaining streak in 17 yrsBusiness Standard • Aug 30, 2024
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