RIL AGM: Jio AI Cloud to be rolled out by Diwali, users to get 100 GB free storage

At the annual general meeting (AGM) of Reliance Industries Ltd (RIL) on August 29, the company's chairman and managing director Mukesh Ambani announced that Jio AI Cloud will be launched this year.

The service is expected to be rolled out by Diwali, which is set to be celebrated on November 1. As part of the welcome offer, users will get "100 GB of free cloud storage", Ambani said in his keynote speech at the AGM.

Jio AI Cloud will offer the "most affordable prices in the market for those needing even higher storage", the RIL chief said, adding that the service is aimed at supporting "our AI everywhere for everyone vision".

The service will allow users to securely store and access all their photos, videos, documents, all other digital content, and data, he said.

"We plan to launch the Jio AI-Cloud Welcome offer starting Diwali this year, bringing a powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone everywhere," Ambani added.

'Jio Brain'

To streamline AI adoption, Jio, the telecom arm of RIL, is developing a comprehensive suite of tools and platforms that "span the entire AI lifecycle", Ambani said, adding that "we call this Jio Brain".

"Jio Brain enables us to accelerate AI adoption across Jio, driving faster decisions, more accurate predictions, and better understanding of customer needs," he added.

The suite is also being used to drive transformation across other Reliance operating companies, and to fast-track their AI journey as well, Ambani further said.

According to the RIL chief, Jio is poised to be a "cornerstone of India’s digital future" with its deep tech innovation and a focus on customer and shareholder value. Led by its momentum in connectivity, the firm is targeting to double its revenues and EBITDA "over the next three to four years", he noted.