Reliance Industries, one of India’s leading conglomerates, is aiming to take a leadership position in the field of artificial intelligence (AI) in the country. The company is rapidly expanding its talent pool and capabilities to incorporate the latest global innovations in AI, particularly in the area of Generative AI. This move is in line with Reliance’s commitment to develop India-specific AI models and solutions across various domains, with the aim of benefiting Indian citizens, businesses, and the government.
Speaking at the company’s 46th annual general meeting, RIL chairman Mukesh Ambani emphasized the transformative potential of AI and its ability to revolutionize industries, economies, and even our daily lives. He stressed the need for India to harness AI for innovation, growth, and national prosperity. Ambani highlighted that India possesses the scale, data, and talent required to leverage AI effectively, but it also needs digital infrastructure capable of handling the immense computational demands of AI.
To meet these requirements, Reliance Industries plans to create up to 2000 megawatts of AI-ready computing capacity over the next few years, both in cloud and edge locations. Moreover, the company aims to adopt sustainable practices and contribute to a greener future while expanding its AI capabilities.
In line with its commitment to sustainable practices, Reliance Industries plans to shift most of its energy footprint in connectivity and digital services to green energy within the next five years. This transition is not only environmentally friendly but also cost-effective. Ambani reaffirmed the company’s promise to provide AI to everyone, everywhere, just as Jio Platforms previously promised broadband connectivity to all.
These remarks from Ambani come shortly after N Chandrasekaran, chairman of Tata Sons, stated that AI has the potential to create jobs in India by empowering individuals with limited skills to perform higher-level tasks. Addressing concerns about privacy and job displacement, Chandrasekaran noted that India has made significant strides in the privacy space. The country has implemented regulations for data privacy and protection, while also developing the Data Empowerment and Protection Architecture (DEPA) to ensure secure and consent-driven data sharing.
In conclusion, Reliance Industries is gearing up to lead the AI revolution in India by augmenting its talent pool and capabilities. The company aims to develop India-specific AI models and solutions while delivering the benefits of AI to various stakeholders. By adopting sustainable practices and transitioning to green energy, Reliance Industries is poised to play a pivotal role in reshaping industries, economies, and the daily lives of Indian citizens.