Jio shares surge 21% in market debut after blockbuster India IPO
Jio has debuted as India’s second-most valuable listed company, behind its parent, Reliance Industries.
Jio has debuted as India’s second-most valuable listed company, behind its parent, Reliance Industries.
Jio plans to use most of its IPO proceeds to repay debt as it expands beyond telecom.
Elon Musk has accused Indian billionaire Mukesh Ambani of blocking competition.
Jio is betting it can turn an aging computer into an AI-ready PC for as little as about $11 for two months.
India, one of Supabase’s biggest markets, is seeing patchy access after a government block order.
The rollout includes two-way integration that surfaces streaming links directly inside ChatGPT.
Reliance has begun building multi-gigawatt AI data centers in Jamnagar, with more than 120 MW of capacity expected to come online in 2026.
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.