Reliance Industries Limited and its digital arm, Jio, will invest 10 lakh crores over the next seven years to spearhead India's artificial intelligence transformation, announced Mukesh Dhirubhai Ambani, Chairman and Managing Director of Reliance, while addressing the India AI Impact Summit 2026 in New Delhi on Thursday.

Mukesh Ambani, while addressing the gathering at the AI Summit, said, "Jio, together with Reliance, will invest Rs 10 lakh crore over the next seven years starting this year. This is not a speculative investment. It is not for chasing valuation. This is a patient, disciplined, nation-building capital designed to create durable economic value and strategic resilience for decades to come," as cited by ANI.