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New Delhi: Reliance Industries and its telecom arm Jio on Thursday announced a \u20b9<\/span>10 trillion investment over the next seven years to build an AI ecosystem in the country.<\/p>\n<\/div>\n “India cannot afford to rent intelligence. Therefore, we will reduce the cost of intelligence as dramatically as we did the cost of data,” said Mukesh Ambani, chairman of Reliance Industries, in his keynote address at the India AI Impact Summit <\/a>in New Delhi.<\/p>\n<\/div>\n Ambani detailed Jio Intelligence’s plan to build sovereign compute infrastructure through three initiatives:<\/p>\n<\/div>\n “This is not speculative investment. It is not for chasing valuation. This is patient, disciplined, nation-building capital designed to create durable economic value and strategic resilience for decades to come,” said Ambani.<\/p>\n<\/div>\n He framed the commitment as a response to AI’s core bottleneck \u2013 the scarcity and high cost of compute power \u2013 which he said limits even the best talent and innovation.<\/p>\n<\/div>\n \u201cWe will prove that AI does not take away jobs. Rather, it will create new high-skill work opportunities,\u201d he said, adding that the conglomerate will build a robust ecosystem through partnerships with startups, IITs<\/a>, IISc, research institutions, industrial groups across manufacturing, logistics, energy, finance, retail, agriculture and healthcare, along with global tech leaders.<\/p>\n<\/div>\n Ambani predicted India will emerge as one of the world’s greatest AI powers, fueled by strengths in demography, democracy, development, digital infrastructure, data generation and AI potential.<\/p>\n<\/div>\n He also outlined five non-negotiable principles guiding Jio Intelligence: focusing on deep-tech manufacturing and productivity tools for agriculture, small businesses and the informal sector beyond large enterprises; developing multilingual AI across Indian languages to drive inclusion; embedding responsibility, security, data residency and trust from the start; and proving AI creates high-skill jobs rather than eliminating them.<\/p>\n<\/div>\n