Particle.news
Download on the App Store
123 ARTICLES
·
1h ago

Reliance Sets Jio IPO for H1 2026, Unveils AI Arm and Google–Meta Tie-Ups

The move signals an AI-led pivot backed by partnerships with Google, Meta.

RIL AGM
Image
RIL AGM 2025 today: Stock investors to track 5 things at 2 PM
'4x the Tesla gigafactory': In his debut RIL AGM speech, Anant Ambani teases Dhirubhai Ambani Giga Energy Complex at Jamnagar

Overview

  • Mukesh Ambani said Jio will file for an IPO targeting a first‑half 2026 listing, subject to approvals, as the telecom unit crosses 500 million customers.
  • Reliance launched a wholly owned AI subsidiary, Reliance Intelligence, to deliver services and is building gigawatt‑scale, green‑powered AI data centres in Jamnagar with work underway.
  • Google will develop a dedicated Jamnagar Cloud region for Reliance’s AI workloads, and Meta will partner in a joint venture to deliver India‑focused, open‑source enterprise AI solutions.
  • Reliance reported record FY25 results with consolidated revenue of about Rs 10.71 lakh crore and net profit of Rs 81,309 crore.
  • Anant Ambani announced Rs 75,000 crore in new industrial projects, and RIL will make Reliance Consumer Products a direct subsidiary, as RIL shares fell over 2% on AGM day.