US Edition
'India Can't Afford to Rent Intelligence': Mukesh Ambani's Big Pitch at AI Impact Summit
Reliance plans Rs 10 lakh crore investment to build sovereign AI infrastructure and affordable services benefiting citizens and sectors, aiming for inclusive growth and job creation.
- On Thursday | February 19, 2026, Mukesh Ambani announced that Jio with Reliance will invest Rs 10 lakh crore over the next seven years starting this year at the India AI Summit 2026 in New Delhi.
- To reduce AI compute costs, Jio Intelligence will build India's sovereign compute infrastructure, Ambani said, emphasizing this is `patient, disciplined nation-building capital` and not speculative investment.
- Gigawatt-Scale data centres in Jamnagar will run on a 10 GW green-energy surplus from solar plants in Kutch and Andhra Pradesh, supporting AI products like an AI glass device and services for 140 million farmers, JioShikshak in 22 languages, JioBharatIQ, and Jio ArogyaAI.
- The plan seeks to make AI affordable and inclusive by delivering intelligence to every citizen and sector, creating new high-skill opportunities, and reflecting Reliance's long-term commitment.
- Framing the effort globally, he urged cooperation and likened it to a `modern-day Akshaya Patra` connecting India to the 'Intelligence Era,' with the world at a fork over AI access.
16 Articles
16 Articles
Mukesh Ambani opens his coffers, makes a big announcement about AI... will spend ₹10 lakh crore
'India can't afford to rent intelligence': Mukesh Ambani's big pitch at AI Impact Summit
At the India AI Impact Summit 2026, Reliance Industries Chairman Mukesh Ambani announced a monumental ₹10 lakh crore investment over the next seven years to drive India’s transition into the "Intelligence Era." Comparing Artificial Intelligence to the mythical Akshaya Patra, a source of limitless abundance, Ambani detailed a roadmap to democratize high-powered computing, making it as affordable and accessible as mobile data.
Reliance to invest Rs 10 lakh crore in AI over next 7 years, says Mukesh Ambani at AI Impact Summit
Billionaire Mukesh Ambani on Thursday said that Jio, along with Reliance Industries Ltd (RIL), will invest Rs 10 lakh crore over the next seven years, starting this year, to build AI capabilities and infrastructure. The investment underscores the group’s long-term commitment to advancing AI in India. He also said his group aims to reduce the cost of AI, just as it lowered the cost of mobile data in India. Emphasising that making AI affordable wi…
Mukesh Ambani says Jio, RIL to invest Rs 10 lakh crore on AI; believes artificial intelligence won’t kill jobs
Speaking to attendees, Mukesh Ambani conveyed optimism that AI would broaden economic prospects instead of diminishing them. He maintained that fears surrounding large-scale job losses are misplaced
Coverage Details
Bias Distribution
- 56% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
