Mukesh Ambani, India’s richest man and chairman of Reliance Industries, has unveiled Reliance Intelligence, a new subsidiary tasked with creating India’s AI backbone. The initiative was announced at the company’s 48th annual general meeting on Friday, with Ambani framing it as a national-scale effort to accelerate India’s role in the global AI race.
Reliance Intelligence will house researchers, engineers, and product developers to build enterprise-grade AI tools and services across sectors. To kick off, Reliance struck a deal with Google Cloud to establish a dedicated AI cloud region in Jamnagar, Gujarat, tapping Jio’s network and Reliance’s energy assets to support large-scale deployments.
Google CEO Sundar Pichai praised the move, calling it “only the beginning” of advanced AI collaboration. Reliance also formed a ₹8.55 billion ($100 million) joint venture with Meta, under a 70/30 split, to deliver Llama-based enterprise AI solutions across sales, marketing, IT, customer service, and finance.
Ambani hinted at future global expansion for Jio Platforms, with an IPO targeted for the first half of 2026. He also teased a possible partnership with OpenAI, which recently launched a low-cost ChatGPT subscription in India and plans to open a New Delhi office.
The announcements come as Reliance ramps up consumer-facing AI too. The company unveiled JioFrames smart glasses, new AI features for its streaming platform JioHotstar, and updates to its JioAICloud service, now used by 40 million customers.
Related: Investors Chase Lovable At $4B Valuation.
By combining deep-pocketed investments and alliances with global tech giants, Ambani’s new venture positions Reliance as a central player in India’s push to catch up with the U.S. and China in AI infrastructure and applications.
