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RIL Incorporates New AI Subsidiary 'Reliance Intelligence'

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Amid the global AI boom, Reliance Industries Ltd (RIL) MD and chairman Mukesh Ambani announced the company’s plans to incorporate a wholly owned AI subsidiary, Reliance Intelligence.

Speaking at RIL’s 48th AGM, Ambani said the subsidiary will have four agendas:

— Building next-generation AI infrastructure: The subsidiary will build gigawatt scale AI data centres. “Work has already begun on the gigawatt scale AI ready data centres in Jamnagar,” Ambani said.

— House global partnerships: To bring world’s best tech companies to work together on AI products.

— AI services: It will offer India-focussed AI services. The subsidiary aims to deliver easy-to-use AI services to consumers, small businesses and enterprises. Besides, it will provide solutions for sectors of national importance, such as education, healthcare and agriculture.

— Talent: Reliance Intelligence aims to create a home for world class researchers, engineers, designers, to convert ideas to innovations, Ambani said

For this subsidiary, RIL also announced a partnership with tech giant Google. “Through this partnership, we are marrying Reliance’s proven capability to build world class assets and execute at India scale with Google’s leading cloud and AI technology so that developers, startups and enterprises can innovate faster, operate more securely, and reach every corner of India,” the MD said.

(The story will be updated soon)

The post RIL Incorporates New AI Subsidiary ‘Reliance Intelligence’ appeared first on Inc42 Media.

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