August 29, 2024
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1:01Now PlayingBillionaire Mukesh Ambani unveiled ambitious plans for Reliance Industries Ltd. to develop cutting-edge artificial intelligence tools, but gave no details on the much-awaited listings of its telecom and retail units in his annual shareholders’ address. #india #ambani #ai #tech #technology #business
The conglomerate wants to “democratize” AI by offering models and services to ordinary Indians at affordable prices, he said, giving no investment outlay in the marathon two-hour speech that mentioned AI more than 80 times.
The energy-to-entertainment conglomerate also plans to set up “gigawattscale AI-ready data centers” powered by green energy in Jamnagar in Gujarat — home for all of the group’s big businesses from oil refining to green energy, he added.
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