RELIANCE

: Strategic Bet on AI

At its 48th AGM (Aug 29, 2025),

(RIL) placed Artificial Intelligence at the core of its future growth. Mukesh Ambani called AI the “Kamdhenu of our times,” reflecting its role in driving productivity and innovation. Reliance Intelligence – The AI Arm RIL launched Reliance Intelligence, a subsidiary focused on gigawatt-scale green-powered data centers, sovereign AI models, and enterprise/consumer AI solutions. This marks Reliance’s entry into AI infrastructure leadership in India. AI-Driven Products Akash Ambani unveiled new consumer AI products: Riya – voice AI in JioHotstar. JioPC – TV-to-AI computer. JioFrames – AI-enabled smart display. JioStar – AI-powered media platform. These products integrate AI into everyday use for Reliance’s 470M Jio users and 250M+ retail customers. AI Across Businesses Jio: smarter 5G, predictive services. Retail: AI-led supply chain & analytics. Energy: optimization of renewables & refining. Media: AI-driven OTT experiences via JioCinema & JioStar. Investor View Jio IPO (H1 2026) combined with AI boosts valuations by shifting Jio from telecom to tech platform. Monetization streams include AI cloud, enterprise tools, and consumer subscriptions. Strong moat: integration of data, connectivity, and consumption unmatched by Indian peers. Risks High capex, regulatory scrutiny on data, execution challenges, and competition from global AI leaders. Outlook RIL’s AI strategy is transformational, not incremental. By merging AI with telecom, retail, energy, and green infra, Reliance is positioned as India’s AI-native conglomerate. Near-term catalysts include AI product rollout + Jio IPO, while long-term growth rests on AI infra.