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Jio Platforms To Roll Out AI Service Platform ‘Jio Brain’ For Enterprises: Mukesh Ambani

Inc42 · 12m ago

Jio Platforms To Roll Out AI Service Platform ‘Jio Brain’ For Enterprises: Mukesh Ambani

Reliance Industries Limited (RIL) is testing a suite of AI platforms and tools called Jio Brain within its group companies. Jio Brain includes platforms for merchants and small businesses called AI Vyapar, and for students called JioInstitute. The company is integrating generative AI into its processes and offerings to enable real-time, data-driven insights and automation. This was announced by Mukesh Ambani during RIL's 47th annual general meeting.

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From Jio Brain to AI-Cloud, a look at tech announcements made at RIL AGM 2024

Livemint

Livemint · 12m ago

From Jio Brain to AI-Cloud, a look at tech announcements made at RIL AGM 2024

Reliance Industries held its 47th Annual General Meeting (AGM) during which Chairman Mukesh Ambani made several tech announcements. The company introduced Jio Phonecall AI, a service that integrates AI into phone calls for recording, transcribing, summarizing, and translating conversations. They also revealed Jio Brain, a suite of AI tools aimed at accelerating AI adoption across their businesses. Mukesh Ambani announced the Jio AI-Cloud Welcome Offer, providing users with up to 100 GB of free cloud storage. Additionally, Jio TvOS, Jio Home IoT, JioTV+, and Jio Home were introduced as innovative home entertainment and connectivity solutions.

Jio Rolls Out ‘Jio Phone Call AI’ For Recording, Transcribing & Translating Calls

Inc42 · 12m ago

Jio Rolls Out ‘Jio Phone Call AI’ For Recording, Transcribing & Translating Calls

Jio Phone Call AI is a new feature that allows users to record and save phone calls on the Jio Cloud. It also offers speech-to-text transcription and translation capabilities. Jio Platforms is additionally developing an AI service platform called 'Jio Brain'.

Reliance stepping up AI plans, to consider bonus share issue

VCCircle

VCCircle · 12m ago

Reliance stepping up AI plans, to consider bonus share issue

Reliance Industries Chairman, Mukesh Ambani, announced plans to accelerate the adoption of AI across its group companies. The conglomerate will launch 'Jio Brain', a suite of AI tools and platforms, as well as establish gigawatt scale AI-ready data centres. This move aims to support Reliance's goal of creating the world's lowest AI inferencing cost, making AI applications more affordable in India. Additionally, the company will consider distributing bonus shares to its existing shareholders at a 1:1 ratio.

Reliance is transforming into a deeptech company: Mukesh Ambani

YourStory

YourStory · 12m ago

Reliance is transforming into a deeptech company: Mukesh Ambani

Reliance Industries is undergoing a transformation into a deeptech company, according to Chairman Mukesh Ambani. At the conglomerate's annual general meeting, Ambani announced the launch of JioBrain, a suite of AI tools and platforms. Reliance plans to use JioBrain to drive AI transformation across its operating companies and eventually offer the AI service platform to other enterprises. The company also intends to build gigawatt-scale AI-ready data centers and establish multiple AI inference facilities in partnership with tech companies. Reliance invested over $1.5 billion in R&D in the past four years and aims to make homegrown AI applications more affordable and accessible.

Jio AirFiber to target 200 mn homes

Livemint

Livemint · 2y ago

Jio AirFiber to target 200 mn homes

Reliance Industries' Chairman Mukesh Ambani outlined key growth areas for Jio, including the consumer segment powered by Jio 5G and Jio Bharat, the home segment with Jio AirFiber, and the business segment with global expansion. Ambani aims to develop India-specific AI models, expand computing capacity, and integrate AI/ML capabilities within their 5G Stack. Jio AirFiber, a fixed 5G wireless broadband offering, is set to launch on September 19, aiming to cover 200 million high-paying homes. Jio also plans to complete its pan-India 5G coverage by December.

Reliance's Jio Financial falls 5% in market debut, valued at $19 bln

Reuters · 2y ago

Reliance's Jio Financial falls 5% in market debut, valued at $19 bln

Shares of India's Jio Financial Services (JFS) , carved out of billionaire Mukesh Ambani-led Reliance Industries , fell as much as 5% in their trading debut on Monday, valuing the company at 1.58 trillion rupees ($19 billion).

India's richest man wants to turn every TV into a PC | TechCrunch

TechCrunch · 1m ago

India's richest man wants to turn every TV into a PC | TechCrunch

Reliance Industries' Jio Platforms has introduced JioPC, a virtual desktop service for set-top box users in India, aiming to transform TVs into PCs. This initiative by Mukesh Ambani targets India's large TV-owning population, where PC ownership is low. Available through Jio's set-top box, the service supports LibreOffice and internet-based Microsoft Office apps, though facing challenges like limited peripherals support and explaining the concept to users. Success hinges on bridging connectivity gaps and expanding adoption in underserved regions.

RIL AGM 2024: Jio TV to have access to over 860 channels | Mint

Livemint

Livemint · 12m ago

RIL AGM 2024: Jio TV to have access to over 860 channels | Mint

Reliance announced that Jio TV will now offer access to over 860 channels, allowing subscribers to catch up on missed shows for up to 7 days. Jio Fiber and Jio Air Fiber subscribers will also have access to content from popular OTT apps. The JioTV+ app, previously available only through Jio set-top boxes, is now accessible to all subscribers. Reliance Chairman Mukesh Ambani described AI as transformative and emphasized the company's focus on long-term wealth creation for the nation. Ambani also highlighted India's growth as a major global engine.

Ambani's Reliance Jio delays India IPO, 2025 listing not on cards: Sources

Economic Times

Economic Times · 1m ago

Ambani's Reliance Jio delays India IPO, 2025 listing not on cards: Sources

Reliance Jio Platforms, led by Mukesh Ambani, has postponed its much-anticipated IPO planned for 2023 to possibly 2025. The delay aims to strengthen its business and boost valuation beyond $100 billion amid industry competition and challenges, including subscriber churn due to tariff hikes. Jio wants to enhance revenues, expand digital offerings, and establish a more mature business model. The decision comes amid a robust IPO market in India, and investors remain optimistic.

India will be fastest emerging global innovation hub: Mukesh Ambani

Economic Times

Economic Times · 10m ago

India will be fastest emerging global innovation hub: Mukesh Ambani

Reliance Industries chairman, Mukesh Ambani, predicts that India will become the world's fastest emerging global innovation hub, alongside the US and China. During a conversation with Nvidia CEO, Jensen Huang, at the Nvidia AI Summit, Ambani highlighted India's digital infrastructure and the impact of Reliance Jio on the country's connectivity. He announced a partnership between Reliance and Nvidia to build AI infrastructure in India and expressed plans to develop an Indian AI model. Ambani also mentioned the intention to establish a development center to train Indian developers in utilizing Nvidia's tools for practical intelligence applications.

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