Mukesh Ambani

Meta Platforms Inc. (NASDAQ:META) is partnering with Indian billionaire Mukesh Ambani‘s Reliance Industries to develop its first AI-enabled data center in India, as the Facebook parent accelerates its global artificial intelligence infrastructure buildout. Reliance said Wednesday it will...

Jio, a subsidiary of Reliance Industries Ltd., led by billionaire Mukesh Ambani, is escalating its AI hardware push, with Jio Frames and Jio robots taking direct aim at Meta Platforms, Inc.'s (NASDAQ:META) Ray-Ban wearables and Tesla Inc.’s (NASDAQ:TSLA) Optimus. Jio Frames Debut As India's...

On Wednesday, BlackRock (NYSE:BLK) CEO Larry Fink and Reliance Industries chairman Mukesh Ambani argued that artificial intelligence is not a speculative bubble but a transformative force that could reshape global growth. AI Is Not A Bubble, But Strategic Imperative During a fireside chat in Mumbai...

On Friday, Reliance Industries Ltd., led by billionaire Mukesh Ambani, unveiled a wave of ambitious artificial intelligence and consumer tech initiatives, including Jio Frames smart glasses, signaling a direct challenge to Meta Platforms Inc.'s (NASDAQ:META) wearable tech push and other global...

Jio BlackRock Asset Management raised more than $2.1 billion across three cash and debt mutual fund schemes in its maiden offering, marking a significant milestone for the joint venture between Indian billionaire Mukesh Ambani‘s Jio Financial Services and BlackRock Inc. (NYSE:BLK). What...

JioHotstar, the newly merged streaming platform from Walt Disney Co. (NYSE:DIS) and Mukesh Ambani's Reliance, has added 230 million subscribers in just three months, bringing its total to 280 million, nearly matching Netflix Inc.'s (NASDAQ:NFLX) 300 million global users. What Happened: The platform...

To gain full access to India’s $125 billion ecommerce market, the Trump administration is reportedly pushing for the inclusion of online retailers like Amazon and Walmart in the ongoing trade deal negotiations. What Happened: The U.S. is advocating for a fair e-commerce environment in India...

Elon Musk-led SpaceX has partnered with Jio Platforms Ltd., led by India's richest man, Mukesh Ambani to offer its Starlink satellite internet services in India. What Happened: SpaceX partnered with Jio a day after inking a similar pact with Jio's rival Bharti Airtel. Jio intends to distribute...

NVIDIA Corporation (NASDAQ:NVDA) shares have soared over the last year, with the stock hitting a market capitalization of over $3 trillion for the first time on Wednesday. The stock price increase led Nvidia to briefly pass Apple as the second most valuable company in the world and added to the...

This story was first published on the Benzinga India portal. In a bid to increase its global footprint, Elon Musk's Tesla Inc. (NASDAQ: TSLA) is reportedly exploring a potential partnership with India's richest man Mukesh Ambani's Reliance Industries (RIL) to establish a...

This story was first published on the Benzinga India portal. The value of Reliance Industries shares experienced an uptick on Thursday after the announcement of the company's decision to acquire Paramount Global's (NASDAQ: PARA) stake in Viacom18 Media for ₹4,286 crore (...

This story was first published on the Benzinga India portal. Renowned pop star Rihanna has landed in Jamnagar, India, ahead of her performance at the pre-wedding celebration of Anant Ambani and Radhika Merchant. Images and clips of the singer have begun to circulate on...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg is set to embark on a busy week in Asia, with plans to visit Japan, South Korea, and India. His itinerary includes discussions on artificial intelligence and meetings with key figures in the region. What Happened: Zuckerberg, who has been in...

This story was first published on the Benzinga India portal. India's Reliance Industries has refrained from commenting on media speculations about a potential merger with Walt Disney Co’s (NYSE: DIS) India unit, according to a letter sent to stock exchanges on Jan. 30, 2024....

This story was first published on the Benzinga India portal. Walt Disney Co. (NYSE: DIS) and India's Reliance Industries Ltd are reportedly in advanced negotiations to merge their Indian media and entertainment divisions. A successful merger, spearheaded by Reliance's ...