Mukesh Ambani Chairman of Reliance Industries is gearing up for a game-changing move in the world of technology. The Reliance Industries chairman is likely to invest his next trillion-rupee fortune in artificial intelligence (AI) through his newly launched company ‘Reliance Intelligence’—a step many see as his boldest yet. What is Mukesh Ambani planning with his latest big move? When Mukesh Ambani launched Jio back in 2016 he promised to give data to the masses. Now he is saying that he will bring AI to every Indian. Brokerage firms have termed this India’s most aggressive play on GenAI according to The Economic Times. Where will the new AI infrastructure and services be implemented? At Reliance Industries’ annual general meeting (AGM) on Friday the term ‘AI’ was mentioned 80 times. Ambani laid out his plan to transform Reliance from an oil and chemicals company into one of the leading technology firms in the world. This scheme involves joint-venture investments of $100 million new gigawatt-scale data centers and collaboration with large companies in Silicon Valley. RILs ambition to be Indias AI powerhouse should be NAV-accretive as it integrates GenAI infrastructure at gigawatt scale with its new energy vertical and ties up with hyperscalers to drive internal adoption and offer AI as a service Morgan Stanley analyst Mayank Maheshwari stated as reported by Economic Times. While India is trying to catch up in AI infrastructure Maheshwari observed that Reliance has all the ingredients to become the most aggressive bet on GenAI in India following the US hyperscaler model by using its power generation capacity to build data centres creating AI inference and training capabilities. During the AGM it was announced that Reliance Intelligence will become a 70:30 joint venture between Reliance and Meta which will build next-generation AI infrastructure create & operate global partners provide AI services and identify world-class AI talent. Reliance Industries and Meta have made a combined $100 million investment with the deal expected to be completed by December. Together Meta and Reliance will also make open-source AI models for Indian businesses to help promote innovation and productivity.