Stocks
February 19, 2026
Reliance AI investment reached a new milestone on Thursday, as Mukesh Ambani announced that Reliance Industries Ltd. and Reliance Jio Infocomm Ltd. will spend as much as 10 trillion rupees ($110 billion) on AI infrastructure over the next seven years. The announcement came at the AI Impact Summit in New Delhi, where India expects to attract more than $200 billion in AI-driven investments over the next two years. This Mukesh Ambani AI commitment puts Reliance alongside the biggest spenders in the global race to build India AI infrastructure.
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How Reliance’s $110B AI Investment Reshapes India’s AI Infrastructure
A $110 Billion Commitment and What It Covers
The Reliance AI investment spans data centers, digital networks, and AI-ready telecom infrastructure, with Reliance Jio AI playing a central role given Jio’s position as India’s largest mobile network operator. The $110 billion investment will be deployed over seven years, and the Reliance Jio AI buildout is expected to address critical infrastructure gaps that have slowed large-scale AI adoption across the country.
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India’s Billionaires Racing to Build AI Infrastructure
Reliance’s announcement follows a $100 billion AI data center pledge by Gautam Adani’s conglomerate earlier this week. Adani Group chairman Gautam Adani stated:
“The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution.”
Tata Group also announced plans to partner with OpenAI Inc. on a 100-megawatt data center that could expand to 1 gigawatt. The Mukesh Ambani AI commitment, at $110 billion, edges out both rivals and underscores how seriously India’s biggest conglomerates are treating this moment.
RELIANCE.NS closed the session down 2.21% at 1,409.50, and Jio Financial Services (JIOFIN.NS) also pulled back 2.08% to 258.60, with both moves reflecting broader market pressure rather than any negative reaction to the Reliance AI investment news itself.
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