Reliance to invest around $15 billion in AI infrastructure: Report
Reliance Industries may invest between $12-15 billion in AI infrastructure over next few years, likely including major 1GW data centre, according to report by Morgan Stanley. The company plans to fund about 25% of its capacity, with nearly $7 billion for data centre infrastructure and $5 billion for deploying chips directly. The data centre's first phase is underway in Gujarat.