Overview

• Reliance said Jio is preparing IPO filings with a target to list in the first half of 2026, subject to regulatory approvals.
• RIL launched a wholly owned AI arm, Reliance Intelligence, tasked with building gigawatt‑scale, green‑powered data centers and national‑scale AI services.
• Google will work with Reliance on a dedicated Jamnagar Cloud region, while a new AI joint venture with Meta aims to deliver India‑focused, enterprise‑ready platforms.
• Jio previewed consumer products including JioPC, a cloud‑powered virtual computer activated via the Jio set‑top box, and JioFrames, an AI wearable with a multilingual voice assistant.
• Jio surpassed 500 million customers as RIL reported record FY25 revenue of ₹10.71 lakh crore, EBITDA of ₹1.83 lakh crore, and net profit of ₹81,309 crore, while the stock fell over 2% intraday during the AGM.