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Ambani's Reliance will invest $110 billion in AI
Ambani’s Reliance will invest $110 billion in AI
A guard walks past the Reliance Industries logo near the entrance of Dhirubhai Ambani Knowledge City in Navi Mumbai, March 15, 2024. REUTERS/Francis Mascarenhas · Reuters
Reuters
Thu, 19 February 2026 at 3:35 pm GMT+9
Feb 19 (Reuters) - India’s Reliance Industries and its unit Jio will invest 10 trillion rupees ($110 billion) over the next seven years in artificial intelligence, billionaire Chairman Mukesh Ambani said on Thursday.
($1 = 91.0870 Indian rupees)
(Reporting by Chandini Monnappa and Surbhi Misra in Bengaluru; Editing by Himani Sarkar)
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