Mukesh Ambani to Build World's Largest Data Center in This Indian City

Mukesh Ambani’s Next Big Move: In October 2024, at the Nvidia AI Summit, Reliance Industries and the American technology company Nvidia announced a strategic collaboration to build AI infrastructure in India. According to a Bloomberg News report, Reliance Industries, led by Chairman Mukesh Ambani, is preparing to construct the world’s largest data center in Jamnagar, Gujarat. This ambitious initiative marks another significant step in Reliance’s entry into the artificial intelligence (AI) landscape in India.

Reliance-Nvidia Collaboration

The report reveals that Mukesh Ambani is procuring AI semiconductors from Nvidia, a leading global company in AI technology. As per the announcement made at the Nvidia AI Summit 2024, Nvidia will supply its cutting-edge Blackwell AI processors for the gigawatt-scale data center being developed by Reliance.

Mukesh Ambani emphasized the potential of AI in fostering prosperity and global equality. He remarked, “We can truly leverage intelligence to bring prosperity to everyone and establish equality across the world.” Notably, apart from the United States and China, India boasts one of the most advanced digital connectivity infrastructures.

AI Supercomputer Development in India

Earlier in September 2024, Reliance Industries and Nvidia announced a partnership to develop AI supercomputers in India and create large language models (LLMs) trained in diverse Indian languages. Following this, Nvidia also partnered with Tata Group, underscoring its commitment to supporting India’s AI ambitions.

Reliance’s Transformation into a Deep Tech Company

During Reliance Industries’ 47th Annual General Meeting (AGM), Mukesh Ambani stated that the company is transforming into a deep tech enterprise. He described AI as a transformative force that can address complex global challenges and open new avenues for growth. Ambani highlighted that Reliance’s ongoing technology-driven transformation will propel the company into a new phase of hyper-growth, significantly enhancing its value in the coming years.

This development aligns with Reliance’s broader vision to position itself at the forefront of India’s AI revolution and drive technological advancements that will impact various sectors, including healthcare, finance, and telecommunications.

TRADESEE is a trusted and comprehensive financial news platform dedicated to delivering the latest updates on stock markets, business developments, IPO launches, personal finance, startups, and scam alerts. Our mission is to empower readers with in-depth, accurate, and timely information, helping them make informed financial decisions.

Key Features of TRADESEE (T₹):

Stock Market News: Stay informed with daily updates and expert analysis on market trends, indices, and top-performing stocks.
Business & Corporate News: Get insights into emerging businesses, corporate strategies, and industry trends shaping the economy.
IPO Updates: Explore detailed coverage of upcoming IPOs, investment opportunities, and company performance analysis.
Personal Finance: Discover valuable tips and expert advice on managing personal finances, savings, and investment planning.
Startup Stories: Learn about the latest startup ventures, success stories, and entrepreneurial journeys.
Scam Alerts: Stay aware of potential financial frauds and scams to safeguard your investments.