Reliance Jio Working With IIT-Bombay To Launch Bharat GPT: Akash Ambani

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SUMMARY

A person close to the company told Inc42 that discussions are still in preliminary stages and no agreement has been reached between the two parties yet

Jio is also ‘comprehensively thinking’ of launching an OS for televisions, said Akash Ambani

Ambani said Reliance Jio would soon launch AI-powered products and services across its media business, commerce, communication and devices

Reliance Jio Infocomm chairman Akash Ambani on Wednesday (December 27) said the telecom operator is working with the Indian Institute of Technology (IIT)-Bombay to launch a ‘Bharat GPT’ programme.

Ambani said this while speaking at the institute’s annual Techfest in Mumbai. However, he didn’t provide any other details. 

A person close to the company told Inc42 that the discussions are still in preliminary stages and no agreement has been reached between the two parties yet. 

Inc42 has reached out to the company on the matter and the story will be updated on receiving a response. 

Ambani also said that Jio is also ‘comprehensively thinking’ of launching an operating system (OS) for televisions, adding that the product has been in the works for a while now. 

“We have been working on our own OS for a while now for the TVs and we are comprehensively thinking about how to launch it,” he said. 

Ambani also said that large language models (LLMs) and generative AI have ‘barely scratched’ the surface of the emerging space, adding that the next decade will be defined by AI-powered applications. He said AI would ‘transform every area of products and services’.

Underlining his future plans, the Reliance Jio chairman also said that the telco is working to launch AI both as a vertical inside the company as well as ‘horizontally’ across its operational sectors. He noted that Jio would soon launch AI-powered products and services across its media business, commerce, communication and devices.

During the speech, he also exuded confidence about Jio’s new offering, 5G private networks, saying that the company will roll out a 5G stack to enterprises irrespective of size.

Touting Jio as the world’s largest startup, Ambani urged young entrepreneurs to not be afraid of failing and asked them to work for societal good.

The announcement comes at a time when Jio has undertaken a bevy of new launches from Jio Bharat phones to a potential cloud laptop. Recently, the digital behemoth also announced a partnership with chip designing giant NVIDIA to build an advanced cloud-based AI computing infrastructure.

The company also partnered with TM Forum to open the first TM Forum Innovation Hub in Mumbai which would focus on development of GenAI, LLMs and open digital architecture (ODA).

During the company’s annual general meeting earlier this year, Reliance Group chairman and managing director Mukesh Ambani said India needs to harness AI for innovation and growth to stay competitive.

As per Inc42, India is home to more than 70 GenAI startups that have raised more than $440 Mn between 2019 and Q3 2023.





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Reliance Jio Working With IIT-Bombay To Launch Bharat GPT: Akash Ambani


SUMMARY

A person close to the company told Inc42 that discussions are still in preliminary stages and no agreement has been reached between the two parties yet

Jio is also ‘comprehensively thinking’ of launching an OS for televisions, said Akash Ambani

Ambani said Reliance Jio would soon launch AI-powered products and services across its media business, commerce, communication and devices

Reliance Jio Infocomm chairman Akash Ambani on Wednesday (December 27) said the telecom operator is working with the Indian Institute of Technology (IIT)-Bombay to launch a ‘Bharat GPT’ programme.

Ambani said this while speaking at the institute’s annual Techfest in Mumbai. However, he didn’t provide any other details. 

A person close to the company told Inc42 that the discussions are still in preliminary stages and no agreement has been reached between the two parties yet. 

Inc42 has reached out to the company on the matter and the story will be updated on receiving a response. 

Ambani also said that Jio is also ‘comprehensively thinking’ of launching an operating system (OS) for televisions, adding that the product has been in the works for a while now. 

“We have been working on our own OS for a while now for the TVs and we are comprehensively thinking about how to launch it,” he said. 

Ambani also said that large language models (LLMs) and generative AI have ‘barely scratched’ the surface of the emerging space, adding that the next decade will be defined by AI-powered applications. He said AI would ‘transform every area of products and services’.

Underlining his future plans, the Reliance Jio chairman also said that the telco is working to launch AI both as a vertical inside the company as well as ‘horizontally’ across its operational sectors. He noted that Jio would soon launch AI-powered products and services across its media business, commerce, communication and devices.

During the speech, he also exuded confidence about Jio’s new offering, 5G private networks, saying that the company will roll out a 5G stack to enterprises irrespective of size.

Touting Jio as the world’s largest startup, Ambani urged young entrepreneurs to not be afraid of failing and asked them to work for societal good.

The announcement comes at a time when Jio has undertaken a bevy of new launches from Jio Bharat phones to a potential cloud laptop. Recently, the digital behemoth also announced a partnership with chip designing giant NVIDIA to build an advanced cloud-based AI computing infrastructure.

The company also partnered with TM Forum to open the first TM Forum Innovation Hub in Mumbai which would focus on development of GenAI, LLMs and open digital architecture (ODA).

During the company’s annual general meeting earlier this year, Reliance Group chairman and managing director Mukesh Ambani said India needs to harness AI for innovation and growth to stay competitive.

As per Inc42, India is home to more than 70 GenAI startups that have raised more than $440 Mn between 2019 and Q3 2023.





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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