Reliance AGM 2025 Jio IPO and AI subsidiary announced
At Reliance's 48th AGM on August 29, chairman Mukesh Ambani confirmed that Reliance Jio plans to file for an IPO by the first half of 2026. He announced a new subsidiary, Reliance Intelligence, to develop India’s AI infrastructure through partnerships with Google and Meta. The company also unveiled products like Jio Frames and Jio PC to make technology more accessible.