"Jio launched its mobile network in 2016 and within half a year won 100 million subscribers by offering plans that included unlimited data at prices that significantly undercut competitors. It later introduced its own handsets, some that cost around $12, which helped it to become India's number one telco three years after launch. It later cemented its position with a $27 smartphone created with help from Google, a rapid 5G rollout, and cheap subscriptions that bundle streamed content with carriage."
"Company chairman Mukesh Ambani yesterday announced Jio's intention to spend $110 billion on AI infrastructure over seven years. "This is not speculative investment. It is not purchasing valuation," he said in a speech at India's AI Impact Summit. "This is patient, disciplined, nation-building capital designed to create durable economic value and strategic resilience for decades to come.""
"Jio will therefore build multiple gigawatts of datacenter capacity that Ambani said will operate with "the same reliability, quality, scale and extreme affordability that transformed connectivity." "India cannot afford to rent intelligence. Therefore, we will reduce the cost of intelligence as dramatically as we did the cost of data.""
Reliance Jio plans to spend $110 billion on datacenters over seven years to run AI workloads and deliver services with extreme affordability. Jio's 2016 mobile launch rapidly gained 100 million subscribers within six months by offering unlimited data at substantially lower prices, later adding very low-cost handsets and a $27 smartphone developed with Google to expand reach. The operator reports 514 million subscribers and a 51% share of India's mobile market, contributing to some of the world's lowest mobile data costs. The investment is framed as patient, nation-building capital to address compute scarcity by building multiple gigawatts of reliable, scalable, low-cost datacenter capacity and to dramatically reduce the cost of intelligence.
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