Mukesh Ambani Unveils Grand AI Vision: Free Cloud Storage & More

Mukesh Ambani, Chairman of Reliance Industries Limited, announced bold AI and deep tech initiatives at the AGM, including 100 GB of free cloud storage for Jio users and plans to double revenues in 3-4 years. Upcoming Diwali will see the launch of Jio AI-Cloud Welcome offer and other AI-driven services.

Mukesh Ambani, Chairman of Reliance Industries Limited, on Thursday made a significant announcement during the AGM, introducing up to 100 GB of free cloud storage for Jio users. He revealed plans to double the company's revenues over the next 3-4 years, setting the stage for a possible demerger and future listing.

Ambani outlined a robust strategy for Jio, fueled by AI and deep tech innovations. Key initiatives include the AI service platform Jio Brain, national AI infrastructure with data centers in Jamnagar, and AI-integrated products like Jio TvOS and JioPhoneCall AI. The Jio AI-Cloud Welcome offer will launch during Diwali, aiming to provide cloud data storage and AI services at affordable prices.

Industry experts consider this a competitive move against limited free storage options from tech giants like Google and Apple. Ambani emphasized Jio's commitment to democratizing AI, making it accessible to all Indians. He also highlighted the company's rapid growth in subscriber base, data usage, and technological achievements, reinforcing Jio's role as a key player in India's digital future.

(With inputs from agencies.)