RJio to list in first half of 2026, says Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani
| Photo Credit:
RIL

Reliance Industries Chairman Mukesh Ambani ended the suspense over the anticipated IPO of Reliance Jio, saying it would list in the first half of 2026, and preparations for it are underway.

“Jio is making all arrangements to file for its IPO. We are aiming to list Jio by the first half of 2026….. This will demonstrate that Jio is capable of creating the same quantum of value as our global counterparts,” said Ambani in RIL’s annual general meeting.

Calling artificial intelligence, the new Kamdhenu due to its “miraculous owers,” he also announced floating an AI subsidiary, Reliance Intelligence, an AI partnership with Google and an India-focused, ₹855-crore AI joint venture with Meta.

In terms of future plans, Jio will expand operations outside India.

Meta JV

The JV with Meta, in which RIL will hold a 70 per cent stake, will help provide enterprise-grade AI to Indian enterprises and small and medium businesses for a fraction of the cost, given Llama’s lower total cost of ownership. The partnership will allow greater flexibility to deploy cloud, on-premises, and across RIL’s infrastructure. The transaction is expected to close in the fourth quarter of 2025.

“Through this joint venture, we’re putting Llama models into real-world use, and I’m looking forward to expanding Meta’s footprint in the enterprise space,” said Mark Zuckerberg, Founder and CEO of Meta.

Jamnagar cloud

On furthering partnership with RIL, Sundar Pichai, CEO of Google, said in a video message that Google will provide AI services for RIL’s energy, retail, telecom and financial services.

“We are establishing a Jamnagar Cloud region, built for and dedicated to Reliance. It will bring world-class AI and compute from Google Cloud, powered by clean energy from Reliance, and connected [to key metros such as Mumbai and Delhi] by Jio’s advanced network,” said Pichai.

Google Cloud will deploy its AI hypercomputer and secure, fully-integrated, and optimised AI stack that offers generative AI models, a development platform, and AI-powered applications.

Reliance Intelligence

RIL’s proposed subsidiary Reliance Intelligence will build AI infrastructure and services in India, first focusing on building gigawatt-scale, AI-ready data centres, providing training and inference at a national scale.

“Work has already begun on the gigawatt-scale, AI-ready data centres in Jamnagar. These facilities will be delivered in phases aligned to India’s growing needs, powered by Reliance’s new-energy ecosystem, and custom-made for AI training and inference,” said Ambani.

The company will build AI services for consumers, small businesses, and enterprises, and solutions for sectors such as education, healthcare, and agriculture.

Robotics

RIL is also making a big thrust into robotics and Ambani said it will invest in Humanoid Robotics to become a leader in human-centric automation powered by AI, creating new types of industries and services, jobs.

“Intelligent automation will transform factories into adaptive production systems, warehouses into autonomous supply chains, and hospitals into centres of precision care,” he added.

Published on August 29, 2025