Mukesh Ambani, India’s richest man and chairman of Reliance Industries, has unveiled an ambitious plan to build the country’s AI backbone through a new subsidiary — starting with strategic partnerships with Google Cloud and Meta.
At the company’s 48th annual general meeting on Friday, Ambani launched a new venture called Reliance Intelligence, a subsidiary of Reliance Industries. The new venture aims to create a national-scale AI infrastructure, including enterprise tools and services for a variety of sectors. The move comes as India looks to catch up in the global AI race long dominated by the U.S. and China.
“Reliance Intelligence will create a home for world-class researchers, engineers, designers, and product builders, combining the speed of research with the rigor of engineering,” Ambani said in his keynote, “so that ideas become innovations and appl
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