Nvidia AI Summit 2024: Jio Aims to Democratize AI, Pushing for Low-Cost Solutions for All

Reliance Jio has once again emphasized its commitment to democratizing artificial intelligence (AI) by working aggressively to lower its costs, ensuring that advanced AI technology becomes affordable for every citizen and enterprise in India.

At a fireside chat with Jensen Huang, CEO of Nvidia, during the Nvidia AI Summit 2024, Reliance Industries Chairman and Managing Director Mukesh D. Ambani discussed the crucial role AI will play in transforming industries and solidifying India’s position as a global leader in artificial intelligence (AI). Ambani reiterated that, just as Jio revolutionized India\’s high-speed broadband infrastructure by focusing on affordability, they aim to make AI similarly accessible and affordable for the common people. (See: IMC 2024: Reliance Jio Pushes for Localization of Data Centers)

At the Nvidia AI Summit 2024 conference, Reliance Jio announced a 1GW data center with AI infrastructure in Jamnagar, equipped with the latest Nvidia GPUs.

“As our Prime Minister said, this is a new, aspirational India. What we are witnessing today is unprecedented. We are the only country in the world with over 65% of population under 35,” Ambani stated, illustrating India’s unique demographic advantage in the AI race.

The need for robust digital infrastructure

Ambani went on to highlight how the nation’s digital transformation is pivotal for future growth. “Under strong leadership, India is rapidly becoming a digital society. We are evolving into an innovation hub for the world, backed by a robust base of young engineers and world-class infrastructure,” Ambani added.

India’s digital infrastructure, with widespread 4G, 5G, and broadband connectivity, rivals that of leading global nations, including the U.S. and China. Jio, Ambani noted, played a key role in this revolution, helping India leapfrog from 158th in global data rankings to 1st in just eight years. “We started from scratch, but today, we are one of the largest data companies in the world, with volumes on par with giants like Verizon and AT&T,” Ambani said enthusiastically. Earlier this year, Akash Ambani, Chairman of Reliance Jio Infocomm (RJIL) and son of Mukesh Ambani, shared similar sentiments in an exclusive conversation with CIO&Leader, where he elaborated on Jio’s roadmap for AI success.

Also read: Open-source technology will be key to making AI both affordable and effective for businesses: Akash Ambani

Affordability to drive intelligence

But beyond scale, Reliance Jio’s success lies in making data accessible. One of the most notable achievements of the telecom giant is its ability to deliver data at a remarkably low cost — just 15 cents per GB, compared to the global average of $3.5. “This encourages greater data usage among customers and helps bridge the digital divide across the country,” Ambani explained.

The goal, however, is not just connectivity but harnessing intelligence. “Through AI and technology, we aim to bring prosperity and equality to all. India will soon be one of the largest markets for intelligence-driven solutions, fueled by our youth\’s immense potential,” he said during the Nvidia AI Summit being organized in Mumbai by the world\’s second largest company.

Jio’s ambition extends beyond national borders. Once this AI-driven intelligence is fully integrated into the domestic market, Ambani envisions expanding its reach globally, delivering AI services that can create a more equitable and sustainable world.

“But this is not a journey we can take alone,” Ambani stressed. “Collaboration will be key in leveraging AI to build a better, more equal future for everyone.”

Through its strategic partnerships and investments in AI, Reliance Jio is positioning itself to make AI accessible, affordable, and impactful — for India and the world.

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