Jio's AI-driven Cloud Offer and Revenue Doubling Aspirations Announced at RIL AGM

Thursday, 29 August 2024, 07:27

AI innovations are at the forefront as RIL AGM reveals Jio's ambitious plan to offer 100 GB of free cloud storage. Jio aims to double its revenues over the next 3-4 years, propelled by deep tech advancements and new AI services. The announcement positions Jio to reshape India's digital future.
Theweek
Jio's AI-driven Cloud Offer and Revenue Doubling Aspirations Announced at RIL AGM

AI Innovations Reshaping Jio's Future

During the recent RIL AGM, Chairman Mukesh Ambani outlined Jio's strategic plans that hinge on AI innovation and deep tech. Jio will offer up to 100 GB of free cloud storage for its users, setting a decisive competitive edge in the digital landscape.

Significant AI Initiatives Unveiled

  • Launch of Jio Brain, an AI service platform to enhance decision making
  • Development of JioPhoneCall AI for automatic call transcription and summaries
  • Introduction of gigawatt-scale AI-ready data centres in Jamnagar

Ambani highlighted Jio's potential to double revenues and EBITDA within three to four years by harnessing deep technology.

Aiming for a Robust Digital Ecosystem

  1. Jio plans to connect over 20 million businesses and institutions
  2. Targeting 100 million home broadband customers in record time
  3. Commitment to sustainable development through green energy

This ambitious trajectory highlights Jio's commitment to integrating AI across all processes, ensuring comprehensive accessibility for users. Stay tuned as Jio embarks on this transformative journey to enhance digital access throughout India.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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