During the company's 47th annual general meeting, Reliance Chairman and MD Mukesh Ambani said that Jio is developing a comprehensive suite of tools and platforms that span the entire AI lifecycle to streamline AI adoption. "We call this Jio Brain," he says.
Ambani says 'Jio Brain' enables people to accelerate AI adoption across Jio, driving faster decisions, accurate predictions, and understanding of customer needs. "We are also starting to use Jio Brain to drive a similar transformation across other Reliance operating companies, and to fast-track their AI journey as well," he adds.
Ambani says that Jio aims to democratise AI by making it affordable. "To achieve this, we are laying the groundwork for AI infrastructure. We plan to establish gigawatt-scale AI-ready data centres in Jamnagar, powered by Reliance’s green energy," he adds.
Ambani says by leveraging its expertise in infrastructure, networking, operations, software, and data and collaborating with global partners, RIL aims to create the "world’s lowest AI inferencing cost". "This will make AI applications in India more affordable than anywhere else," he adds.
Ambani says as part of its "AI Everywhere For Everyone" vision, RIL is announcing the Jio AI-Cloud Welcome offer. "Jio users will get up to 100 GB of free cloud storage, to securely store and access all their photos, videos, documents, all other digital content, and data. And we will also have the most affordable prices in the market for those needing even higher storage."
He adds that the company plans to launch the ‘Jio AI-Cloud Welcome’ offer, which will start on Diwali this year.
Notably, India stands at the precipice of a technological revolution, and artificial intelligence (AI) is set to be a significant driving force. As per findings from NetApp’s 2024 Cloud Complexity Report, 70% of Indian companies have AI projects underway, exceeding the global average of 49%, with 91% of Indian organisations planning to utilise over half of their data for AI model training in 2024.
The potential market for AI in India is vast. A recent report by Nasscom estimates that India's AI market, growing at a CAGR of 25-35%, is projected to reach around $17 billion by 2027, driven by sectors such as healthcare, agriculture, education, and finance.
Talking about 5G in India, Ambani says Jio has completed the pan-India rollout of Jio True 5G. "Over 85% of the 5G radio cells operating in India belong to Jio. India. Jio is the only operator in India, and among the first globally, to fully harness 5G’s power. Jio True 5G has also achieved the world’s fastest 5G adoption. In just two years, over 130 million customers have embraced Jio True 5G".
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