New Delhi, Feb 19, 2026 (AFP) - India's Reliance announces $110 bn investment at AI summit

NAMPA / AFP
2026-02-19
India's Reliance Group on Thursday announced a $110 billion investment over the next seven years during an artificial intelligence summit in New Delhi, with billionaire head Mukesh Ambani calling it "nation-building capital". The firm and its telecoms unit Jio will invest the money "over the next seven years, starting this year", Ambani said, adding that India "cannot afford to rent intelligence". He said Reliance was building a "multi-gigawatt,......
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