Mukesh Ambani's latest venture into AI: JioBrain

Innovations and Initiatives Innovations and Initiatives

Posted by NewAdmin on 2025-02-04 08:53:41 |

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As Asia’s richest man, Mukesh Ambani, addressed his shareholders during a much-anticipated yearly address last Thursday, he also unveiled “JioBrain,” a suite of artificial intelligence (AI) tools and applications that he says will transform a spate of businesses in energy, textiles, telecommunications and more that form his multinational conglomerate, Reliance Industries. “By perfecting JioBrain within Reliance, we will create a powerful AI service platform that we can offer to other enterprises as well,” Ambani said during his speech.

The Reliance Chairman’s latest offering comes as India emerges as a crucial player in the global AI ecosystem, boasting a high-powered IT industry worth $250 billion, which serves many of the world’s banks, manufacturers and firms. As the world’s most populous country, India also has a robust workforce population with nearly 5 million programmers at a time when AI talent is in short supply globally, with analysts predicting that India’s AI services could be worth $17 billion by 2027, according to a recent report by Nasscom and BCG.

The spotlight on India comes at a time when many countries around the globe are keen to foster their own competing AI systems rather than turning to the U.S. or China. In the last few years, the Indian government has nurtured an ecosystem where global players like Google and Meta, Indian businesses like Reliance Jio and Tata Consulting Services, and homegrown startups can take advantage of its cost-efficient technological landscape.

With so much data publicly available, a swath of Indian startups are now racing to build their own large language models or LLMs, which harness generative AI by learning from vast quantities of data. And in a country where people speak more than a dozen languages, “India's diverse and multilingual environment makes it an ideal test bed for developing and refining global AI solutions,” says Chandok from Microsoft.

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