Reliance Industries Partners with Google and Meta to Advance AI Push, Plans Jio Listing in 2026

Reliance Industries, India's largest conglomerate, has announced partnerships with Google and Meta to accelerate its push into artificial intelligence. Reliance Chairman Mukesh Ambani revealed a new fully-owned subsidiary called Reliance Intelligence and ambitions to list Reliance Jio in H1 2026. The partnerships aim to leverage the internet giants' AI and cloud computing capabilities to boost innovation across sectors like energy, retail, telecommunications, and financial services.

Reliance Industries, India's largest conglomerate, has announced strategic partnerships with tech giants Google and Meta to accelerate its push into artificial intelligence (AI). The partnerships aim to leverage the internet giants' AI and cloud computing capabilities to boost innovation across various sectors, including energy, retail, telecommunications, and financial services.

At the Reliance Industries Limited (RIL) annual general meeting, Chairman Mukesh Ambani revealed the creation of a new fully-owned subsidiary called Reliance Intelligence. The subsidiary will offer large-scale AI infrastructure, making AI accessible to everyone, everywhere. Ambani stated that the opportunity with AI is as large, if not larger, than the digital revolution that Jio promised and delivered [4].

Additionally, Ambani announced that Reliance Jio Infocomm is gearing up for its Initial Public Offering (IPO) by the first half of 2026, subject to regulatory approvals [3]. The Jio IPO is expected to be one of the largest in Indian history, considering the company’s scale and dominance in the telecom sector. With a customer base of over 500 million subscribers, Jio has transformed how Indians use mobile data, broadband, and digital services [2].

The strategic partnerships with Google and Meta are part of Reliance's broader digital transformation strategy. These collaborations will help the conglomerate build out next-generation infrastructure and unlock new revenue sources. Google's six-year cloud computing partnership with Meta Platforms, valued at over US$10 billion, underscores the growing importance of AI and cloud computing in the tech industry [1].

Reliance's AI ambitions extend beyond Jio. The company has outlined five major priorities ahead of the IPO, including connecting every Indian through mobile and home broadband, bringing digital services to households at affordable costs, digitizing businesses with secure platforms, and pushing AI adoption at scale [3]. These priorities align with Reliance's broader vision of creating a digital ecosystem that benefits both consumers and businesses.

As the countdown for the Jio IPO begins, investors will closely track the valuation, pricing, and potential growth drivers. Ambani's assurance that the IPO will create value "on par with global counterparts" has raised expectations, making the debut one of the most anticipated events on Dalal Street in 2026 [3].

References

[1] https://finance.yahoo.com/news/bull-case-meta-platforms-meta-102232818.html
[2] https://m.economictimes.com/industry/media/entertainment/reliance-agm-2025-jio-ipo-telecom-business-mukesh-ambani-akash-ambani-ott-business-jiocinema-digital-strategy-jiostar-nita-ambani/articleshow/123580933.cms
[3] https://www.financialexpress.com/market/ipo-news-countdown-begins-for-jiop-ipo-mukesh-ambani-says-to-jio-by-h1-2026-everything-investors-need-to-know-3961152/
[4] https://indianexpress.com/article/technology/artificial-intelligence/mukesh-ambani-pitches-reliance-intelligence-as-indias-ai-engine-at-ril-agm-10218551/