Ambani’s Jio seeks to raise $3.2B in what could be India’s biggest IPO
Jio plans to use most of its IPO proceeds to repay debt as it expands beyond telecom.
Jio plans to use most of its IPO proceeds to repay debt as it expands beyond telecom.
Jio is betting it can turn an aging computer into an AI-ready PC for as little as about $11 for two months.
HBO Max will be available to JioHotstar subscribers as an add-on starting at ₹49 (about $0.50) per month, and would feature content from HBO, Max Originals, Warner Bros. Pictures, Warner Bros. Television, and DC Studios.
Reliance has begun building multi-gigawatt AI data centers in Jamnagar, with more than 120 MW of capacity expected to come online in 2026.
The offer will first roll out to Jio users aged 18 to 25 before expanding to all subscribers nationwide.
Anthropic’s next big bet is India — one of its fastest-growing markets worldwide.
Reliance is launching a new subsidiary to drive India’s AI ambitions, including a pending partnership with OpenAI.
Jio Platforms, the digital arm of Reliance Industries, has launched a virtual desktop service called JioPC for televisions.