Reliance AGM 2024: Jio AI-Cloud Welcome offer announced, Jio users to get free 100 GB cloud storage

On August 29, 2024, Reliance Industries Limited (RIL) hosted its 47th annual general meeting (AGM), where Chairman Mukesh Ambani presented the company’s latest developments.

The AGM highlighted Jio’s advancements in the mobile sector and introduced several innovative products and services, including the much-anticipated Jio AI Cloud. This cloud storage solution aims to meet the growing digital demands of the Indian market, showcasing Reliance’s commitment to driving digital transformation.

Jio AI Cloud: Making Cloud Storage Accessible to All
One of the key announcements during the AGM was the introduction of the Jio AI Cloud, a service designed to provide affordable and secure cloud storage solutions to users across India. As part of the Jio AI Cloud Welcome Offer, users will receive up to 100 GB of free cloud storage.

This offer is set to launch around Diwali 2024, giving users the ability to store and access their digital content with ease. Beyond the free storage, Reliance has promised competitive pricing for additional storage, making cloud services more accessible to the broader population.

“Thrilled to announce Jio AI-Cloud Welcome offer. Jio users will get up to 100 GB of free cloud storage, to securely store and access all their photos, videos, documents, all other digital content, and data. We plan to launch the Jio AI-Cloud Welcome offer starting Diwali this year, bringing a powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone everywhere,” said Mukesh Ambani

The Jio AI Cloud is expected to cloud computing in India by providing an affordable solution that caters to the needs of millions. This move positions Reliance as a significant player in the fast-growing cloud services market, with the potential to transform how digital storage is accessed and used by the masses.

Reliance’s Strategic Shift Towards AI and Technology Integration
In his address, Mukesh Ambani emphasized the strategic shift of Reliance into a deep tech company. He outlined how the conglomerate has successfully embedded advanced technology into its operations, spanning from energy to entertainment.

Jio, the digital arm of Reliance, now handles 8 per cent of global mobile traffic while offering data services at a fraction of the global average price, a strategy that has led to a significant increase in data consumption among its users.

Reliance’s infrastructure, particularly its 5G network, has expanded rapidly, with Jio now operating 85% of India’s 5G radio cells, serving over 130 million users. This technological prowess underscores Reliance’s ambition to lead India’s digital transformation.

AI at the Heart of Reliance’s Future Vision
AI is central to Reliance’s future strategy, with the development of Jio Brain being a pivotal element. Jio Brain is a comprehensive suite of AI tools aimed at enhancing decision-making, improving predictive analytics, and deepening customer insights.

Mukesh Ambani highlighted the importance of AI in optimizing operations across all of Reliance’s businesses, driving efficiency, and accelerating AI adoption.
“To streamline AI adoption, Jio is developing a comprehensive suite of tools and platforms that span the entire AI lifecycle. We call this Jio Brain,” announced RIL Chairman Mukesh Ambani.

These advancements reflect Reliance’s ongoing commitment to integrating cutting-edge technology across its diverse operations, marking a significant milestone in the company’s journey towards becoming a leader in the global digital landscape.

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