Reliance Industries plans 110 billion dollar investment for AI data centres in India

Reliance Industries and Jio will invest nearly $110 billion over seven years to build AI infrastructure. The project includes renewable-powered data centres.

Insights:
Reliance Industries and its telecom arm Jio have announced a $109.8 billion investment over the next seven years to build artificial intelligence and data infrastructure across India ININ. The plan was unveiled at India's AI Impact Summit, the country’s first major AI summit, which has drawn senior technology executives from around the world, including the United States USUS.
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
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
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