Mukesh Ambani and fellow Indian billionaire Gautam Adani have been stepping up data center investments in the world's most populous nation, tapping on the AI boom.
Mukesh Ambani , chairman of Reliance Industries Ltd., at India Mobile Congress 2022 in New Delhi, India , on Saturday, Oct. 1, 2022. Narendra Modi, India 's prime minister, announced the launch of 5G services in India during the event on Oct.
1. Photographer: Prakash Singh/Bloomberg—is doubling down on its AI expansion plans, earmarking 10 trillion rupees to build data centers and other infrastructure facilities across India in the next seven years. Apart from building gigawatt scale data centers, India’s largest conglomerate plans to develop renewable energy to support the proliferation of AI across the world’s most populous nation. Speaking at the India AI Impact Summit in New Delhi, Ambani said Reliance Industries aims to make AI affordable across the country. “India cannot afford to rent intelligence,” the billionaire chairman of Reliance Industries, said in his speech. “Therefore, we will reduce the cost of intelligence dramatically as we did the cost of data.” The biggest constraint in AI today is not a lack of talent, but the scarcity and high cost of computing power, Ambani said. The group’s newly established unit, Jio Intelligence, has started building multi-gigawatt, AI-ready data centers in Jamnagar in the western Indian state of Gujarat. An initial 120 megawatts of capacity are expected to come online in the second half of this year. To power the data centers, Reliance Industries will supply up to 10 gigawatts of renewable energy from solar farms in Gujarat and the southeastern state of Andhra Pradesh. Ambani announced in August last year that the group will collaborate with Meta and Google to develop AI platforms in India, one of the region’s hottest data center markets. His fellow billionaire Gautam Adani has also been stepping up AI investments, committing to spend $100 billion to develop data centers across India by 2035.’s list of India’s 100 Richest. He is the chairman of Reliance Industries, which has interests in energy, petrochemicals, telecommunications, retail, media and financial services.
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