Indian conglomerate Reliance plans to invest up to ~$110B to build AI-related infrastructure over the next seven years, and JioHotstar plans a ChatGPT-based bot
Reliance, Brookfield, and Digital Realty's joint venture Digital Connexion plans to invest $11B by 2030 to build a 1 GW data center in India's Visakhapatnam
Sanjai P R / Bloomberg :
Google partners with Reliance to offer free AI Pro access to Jio 5G users in India for 18 months; Perplexity has a similar deal with Bharti Airtel
In a push to expand its AI footprint in emerging markets, Google has partnered with billionaire Mukesh Ambani-led Reliance Industries to bundle …
Reliance launches a subsidiary called Reliance Intelligence, aiming to create national-scale AI infrastructure in India, in partnership with Google and Meta
Mukesh Ambani, India's richest man and chairman of Reliance Industries, has unveiled an ambitious plan to build the country's AI backbone through …
Sources: Adani Group has shelved plans for a consumer super app amid losses and internal turmoil, as Reliance and Tata also struggle to scale their platforms
Bloomberg :
How Shein is leveraging its Reliance Retail partnership in its return to India, as fashion now accounts for 27% of India's online sales, up from 16% in 2020
India's fast-fashion segment grew 30-40% in the year through March — Reliance is making a bold bet on Shein …
Sources: OpenAI talked to Saudi Arabia's PIF, India-based Reliance, and the UAE's MGX about investing in the next installment of its $40B round led by SoftBank
OpenAI has talked to Saudi Arabia's Public Investment Fund, Indian conglomerate Reliance Industries and existing shareholder …
Sources: Shein and Reliance plan to expand their Indian supplier base from 150 to 1,000 and sell India-made, Shein-branded clothes globally within 12 months
The Shein India app, launched by Mukesh Ambani's Reliance Retail in partnership with Shein, has struggled to gain traction after launching in February
but can it crack the code to dethrone Amazon and Walmart-backed Flipkart in India's $125B e-commerce race? Reports @_ananyaaa &. @kunalpurohit for @restofworld: https://restofworld.org/... @rinachandr...
The Shein India app, launched by Mukesh Ambani's Reliance Retail in partnership with Shein, has struggled to gain traction after launching in February
Early data shows the partnership is off to a slow start, as Reliance's retail machine struggles to cement its place in a market dominated by Amazon and Walmart. X: @jeelanireports , @rinachandran , @r...