Overview
- Mukesh Ambani said Jio is preparing to file for an IPO with a target to list by H1 2026, subject to regulatory approvals.
- Reliance launched a new AI subsidiary, Reliance Intelligence, to build national-scale infrastructure and deliver services across sectors.
- Google will create a dedicated Jamnagar Cloud region for Reliance, while a Meta joint venture will invest about $100 million with a 70:30 split.
- Gigawatt-scale, clean-energy-powered AI data centres are under construction in Jamnagar to support model training and inference.
- Jio has surpassed 500 million users as analysts value the unit at around $100 billion, putting IPO structure and public-float requirements in focus.