India is pursuing a new strategy to significantly boost its nuclear power generation capacity by inviting major private companies to invest up to $26 billion in the nuclear energy sector, according to Reuters. "This marks the first time the government is seeking private investment in nuclear power, a non-carbon emitting...
NVIDIA works to support AI in India
Santa Clara-based NVIDIA and Mumbai-based Reliance Industries announced a collaboration to develop India’s own foundation large language model trained on the nation’s diverse languages and tailored for generative AI applications. The companies will also work together to build an AI infrastructure that is “over an order of magnitude more powerful...
India’s Reliance Jio Launches $12 Web-Enabled Phone
Billionaire Mukesh Ambani founder, chairman, and managing director of Mumbai-based Reliance Industries has made investments in excess of $50 billion to create the largest digital and connectivity ecosystem in India. Currently, 5G mobile networks begin to expand in India, but about half of the country’s 1.4 billion people remain disconnected...
Walt Disney Co. Close to Selling its India Operations
Walt Disney is reportedly near a cash and stock deal to sell its operations in India to Mumbai-based multinational conglomerate Reliance Industries. Disney's India operations have suffered due in part to losing streaming rights to air cricket, a popular sport in India. According to Bloomberg, as part of the deal, Disney...
India’s Reliance and Canadas Brookfield Build Data Centers
Expecting data center capacity to rise in India as more people go online, Mumbai headquartered Reliance Industries announced that it would invest $122 million to build data centers in the country along with Canada-based Brookfield Infrastructure. Currently the two entities are building data centers in Chennai and Mumbai. Reliance will...
India’s Reliance Jio Launches a $12 Internet-Enabled Phone
Reliance Jio, the telecommunications arm of India's Mumbai-based Reliance Industries, is enabling more Indians to gain access to the internet by launching its new internet-enabled phone with a 4G mobile network. There are about 250 million feature phone users in India, and many of them still use 2G phones and...