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Mukesh Ambani, Chairman and Head Director of the Reliance Industries, comes to pay the latest respect for the Indian industrial industry at the National Performing Art Center (NCPA) on the eve of his cremation in Mumbai on October 10, 2024.
Purin Paranjpepunit Paranjpe | AFP | Gets the image
The Indian Conglomerate Reliance Industries on Friday announced a new affiliate relationship Google and Meta To speed up the company’s push into artificial intelligence.
Speaking at the annual shareholder meeting on Friday, Reliance Chairman Mukesh Ambani also revealed Ambitions List Reliance JioThe largest mobile network in India in the first half of 2026.
“A decade ago, digital services became a new growth engine for Reliance – Opportunities with AI is the same if not greater,” Ambani said when he discovered a new subsidiary called Reliance Intelligence.
In a pre-recorded video he played during AGM, Google Sundar Pichai said that Reliance could use the capabilities of the II and Cloud Calculations of the Internet giant to enhance innovations in sectors such as energy, retail, telecommunications and financial services.
The couple will create a specialized cloud region in India, which runs on a net energy provided by Reliance Industries and connect through the Jio network.
Separately, Ambani also announced a new joint enterprise with Meta to use the AI Open Code models and put “Sovereign, Enterprise Ai Ai for India”.
According to the new enterprise, Reliance Industries and Meta made initial $ 100 million investments to use a unit of 70% and 30% respectively, according to a joint statement on Friday.
Boss Meta Mark Zuckerberg recognized the partnership as “a key step forward to all gain AI and eventually Super Intelligence”.
The partnership signals a deeper impetus from US technology to India at a time when the country has significant economic growth. This is not the first time that either Google and Meta showed interest in Reliance.
In 2020, Meta invested $ 5.7 billion in the Jio platform, which is the Reliance Jio. In the same year, Google separately announced an investment of $ 4.5 billion in Jio.
The Jio platform has a number of brands, including its Reliance Jio telecommunications business, which has rapidly increased over the last decade due to competitive pricing.
Deep Reliance Pact with Google and Meta come in non -standard time for US and India relations. US President Donald Trump has imposed hefty tariffs About India for buying Russian oil.
