Ambani Joins Adani, Tata With Plans to Invest $110 Billion in AI

Mukesh Ambani at the AI Impact Summit.Photographer: Prakash Singh/Bloomberg

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By Sanjai P R and Harshita Swaminathan

February 19, 2026 at 6:32 AM UTC

Updated on

February 19, 2026 at 7:45 AM UTC

Billionaire Mukesh Ambani’s conglomerate will plow as much as 10 trillion rupees ($110 billion) over seven years into artificial intelligence-related infrastructure, joining the global rush into technology’s fastest-growing arena.

This investment by Reliance Industries Ltd. and its telecom unit, Reliance Jio Infocomm Ltd., will also seek to lower the cost of AI, Ambani said at the India AI Impact Summit on Thursday in New Delhi.