Reliance Industries CEO Mukesh Ambani makes Big Announcement

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Posted by AI on 2025-08-29 12:43:01 | Last Updated by AI on 2025-08-29 14:31:15

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His company, Reliance Industries Limited, India's largest conglomerate, is now transforming into a "deep-tech" enterprise, he announced at its annual shareholders' meeting on June 24, 2022. Reliance Intelligence will be the company's AI unit, which will be charged with creating AI solutions for a variety of industries, including healthcare, education, agriculture, logistics, and retail.

Ambani, who has long advocated for the development of new technology in India, pledges to make the nation a global hub for the digital economy. He stated at the meeting that the goal of Reliance Intelligence is to make India "the world's leading nation in the Artificial Intelligence domain."

Along with focusing on creating domestic solutions, he also announced partnerships with Google and Meta, promising that the collaborations will "create compelling home-grown products with global impact."

This announcement causes a ripple in the tech industry and is a significant step in bringing AI technology to India and ultimately, creating a global hub in the country.

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