• Monday, June 17, 2024

India economy & business news in brief for Aug 28: Jio promises AI to everyone, everywhere, says Mukesh Ambani

Mukesh Ambani (Photo by PRAKASH SINGH/AFP via Getty Images)

By: Shubham Ghosh

HERE are news in brief related to Indian economy and business for Monday, August 28, 2023:

Mukesh Ambani, chairman and managing director of Reliance Industries said on Monday that Jio Platforms wants to lead the effort in developing India-specific artificial intelligence (AI) models and solutions across domains, aimed at delivering the benefit of the new-age technology to Indian citizens, businesses and government. “Seven years ago, Jio promised broadband connectivity to everyone, everywhere. We have delivered. Today Jio promises AI to everyone, everywhere. And we shall deliver,” Ambani said at Reliance Industries’ 46th annual general meeting. “India has the scale. India has the data. India has the talent. But we also need digital infrastructure in India that can handle AI’s immense computational demands,” he said.

Lauding the strides made in digitising agriculture and harnessing technological innovations, which have been central priorities during India’s G20 presidency this year, India’s G20 Sherpa Amitabh Kant, stressed the significance of agricultural digitisation in bringing the next big green revolution and transforming the agriculture sector into a data-driven, adaptive system that can combat climate change challenges. Kant was speaking at the G20 India Agri-tech Summit 2023 held on Monday in New Delhi. The summit showcased India’s commitment to driving innovation, collaboration and sustainability in agriculture. The Summit was hosted as part of India’s G20 presidency.

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