- Published on June 28, 2022
- In IT Services
Now Reliance wants to conquer the AI space
Many believe that Reliance is aggressively scouting for AI and NLP companies in the digital space in a bid to create an Indian equivalent of FAANG – Facebook, Apple, Amazon, Netflix, and Google.
Image by Analytics India Magazine
- By Shraddha Goled
During the RAISE 2020, Reliance Group head honcho Mukesh Ambani said, “AI and other associated technologies of the fourth Industrial Revolution will vastly expand our capacity to solve the most complex and pressing problems before India and the world.” He also added that AI will help India in moving faster toward transforming India into a high-growth economy on its way to USD 5 trillion.
Ambani’s optimism in the technology is well supported by Reliance Group’s investment strategy in the field of artificial intelligence. Reliance’s digital clout is growing in the country, so much so that it has raised fears of a monopoly. Many believe that Reliance is aggressively scouting for AI and NLP companies in the digital space in a bid to create an Indian equivalent of FAANG – Faceboo
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Shraddha Goled
I am a technology journalist with AIM. I write stories focused on the AI landscape in India and around the world with a special interest in analysing its long term impact on individuals and societies. Reach out to me at shraddha.goled@analyticsindiamag.com.
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