AI infra, new energy to drive $50 billion market value rise for Reliance

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rel=”dofollow” href=”https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms” target=”_blank”>Reliance Industries Ltd’s investments in new energy and artificial intelligence (AI) infrastructure are set to drive a projected $50 billion increase in the firm’s market value, according to Morgan Stanley analysts.

The oil-to-telecom-and-retail conglomerate, helmed by billionaire Mukesh Ambani, is gearing up for its next phase of value creation.

Currently valued at over $240 billion, Reliance’s future growth hinges heavily on scaling its diversified verticals, particularly in new energy and AI.

Gen AI is the next frontier for Reliance as it retools the…



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AI infra, new energy to drive $50 billion market value rise for Reliance



rel=”dofollow” href=”https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms” target=”_blank”>Reliance Industries Ltd’s investments in new energy and artificial intelligence (AI) infrastructure are set to drive a projected $50 billion increase in the firm’s market value, according to Morgan Stanley analysts.

The oil-to-telecom-and-retail conglomerate, helmed by billionaire Mukesh Ambani, is gearing up for its next phase of value creation.

Currently valued at over $240 billion, Reliance’s future growth hinges heavily on scaling its diversified verticals, particularly in new energy and AI.

Gen AI is the next frontier for Reliance as it retools the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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