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.
JioHotstar will be offered inside Starzplay rather than through a stand-alone service.
JioHotstar will only have entertainment content when it launches in the UK, Canada, and Singapore.
The 168-megawatt facility will support Meta’s global AI computing needs and can be expanded over time.
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.