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Mukesh Ambani pledges Rs 10 lakh crore to power India’s AI rise

From data to intelligence, Reliance bets big on an AI revolution

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NEW DELHI: Billionaire Mukesh Ambani on Thursday unveiled a jaw-dropping Rs 10 lakh crore investment plan to catapult India into the artificial intelligence era, promising to transform the country’s digital landscape much like he did with mobile data.

Speaking at the India AI Impact Summit, Ambani painted a vision of “super abundance” powered by AI. “Artificial Intelligence is not just another technology. For the first time, humans are creating systems that can learn, speak, analyse, move, and produce autonomously,” he said. Drawing a vivid analogy, he added, “I see AI as a modern-day Akshay Patra, the legendary vessel in the Mahabharat that provided endless nourishment. Likewise, AI offers limitless augmentation in knowledge, efficiency, and productivity.”

Ambani outlined a stark fork in the global AI road. “One path leads to scarce, expensive AI and controlled data, the other ensures AI is affordable and accessible,” he said. “India cannot afford to rent intelligence. We will reduce the cost of intelligence as dramatically as we did the cost of data.”

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The Reliance chairman highlighted Jio’s role in building the country’s digital backbone, pointing out that India is the world’s largest mobile data consumer, with nearly 1 billion internet users enjoying some of the lowest costs globally. “In terms of quality, there is no difference between Delhi and the remotest Indian village,” he said.

Jio Intelligence will spearhead the plan with a three-pronged approach. Gigawatt-scale data centres are already under construction in Jamnagar, with 120 megawatts expected online in the second half of 2026, paving the way for large-scale AI training. A green energy advantage of up to 10 gigawatts of surplus power, anchored in solar plants in Kutch and Andhra Pradesh, will fuel the AI push sustainably. Finally, a nationwide edge compute layer integrated with Jio’s network will make AI responsive, low-latency, and affordable for citizens across India.

Ambani concluded with a bullish note on India’s strengths. “No country can match India’s strength in demography, democracy, development, digital infrastructure, data generation, and AI harvest,” he said. With 1.4 billion Aadhaar IDs, over 12 billion monthly UPI transactions, and a booming startup ecosystem of over 100,000 ventures including more than 100 unicorns, India is poised to emerge as a global AI powerhouse.

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The Rs 10 lakh crore investment will roll out over seven years, starting this year. Ambani stressed that this is “not speculative investment. It is patient, disciplined nation-building capital,” signalling a long-term vision that promises to place India firmly on the global AI map.

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OpenAI’s Stargate lead Peter Hoeschele exits with two senior leaders

Trio behind compute push set to join new startup amid leadership reshuffle

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SAN FRANCISCO: Peter Hoeschele, a key figure behind OpenAI’s early Stargate data centre initiative, has exited the company, according to a report by The Information.

The departure is part of a broader leadership shift, with two other senior executives, Shamez Hemani and Anuj Saharan, also set to leave in the coming days. All three are expected to join the same new startup, although details about the venture remain under wraps.

The trio played a central role in OpenAI’s Stargate effort, an initiative aimed at building large-scale data centre capacity in-house to reduce reliance on external infrastructure providers. Their exits mark a notable moment for the company’s compute strategy as it continues to scale rapidly.

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OpenAI spokesperson said in a statement to The Information, “We’re grateful for the contributions Peter, Shamez, and Anuj have made to OpenAI and wish them the very best in what comes next.” The company also pointed to the recent appointment of Sachin Katti to lead its industrial compute organisation, signalling continuity in its infrastructure roadmap.

OpenAI has indicated that it does not plan to directly replace Hoeschele’s role, suggesting a possible restructuring of responsibilities within the team.

As competition intensifies in the race to build next-generation AI systems, leadership changes in core infrastructure teams are likely to draw close attention. For now, the spotlight shifts to what this departing trio builds next, and how OpenAI adapts as it scales its ambitions.

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