Reliance Industries Limited (RIL) and Nvidia have announced that they will work together to build AI (artificial intelligence) infrastructure in India. Reliance has already announced that its next goal is to become a deep tech company, so this announcement in collaboration with Nvidia looks like a natural extension to the statement. The announcement was made by Nvidia CEO, Jensen Huang, during a chat session with Mukesh Ambani, Chairman and Managing Director (CMD), Reliance Industries, at the Nvidia AI Summit 2024.
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"It makes complete sense that India should manufacture its own AI. You should not export data to import intelligence. India should not export flour to import bread," Jensen said during the interaction.
To this, Ambani added, "We can use intelligence to actually bring prosperity to all the people and bring equality to the world. Apart from the US and China, India has the best digital connectivity infrastructure."
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At the 2024 AGM, Reliance Industries had announced its plans to make AI accessible to everyone, starting with offering 100GB of cloud storage for free. The AI feautures that Jio is working on will be offered to cosnumers at no additional cost to their active plans. Reliance Industries and Nvidia coming together to build AI infra together feels like something big is cooking and we are more than excited to uncover what that is in the future.
Nvidia is further deepening its ties in the Indian market by partnering with companies such as Tata Communications, Infosys, Tech Mahindra and Flipkart. Nvidia is the world's largest AI tech company and these partnerships will help India in progressing with its AI journey much faster and efficiently. Nvidia has also proposed a joint chip development initiative with India.