India will be an intelligence market, RIL's Mukesh Ambani tells NVIDIA's Jensen Huang after striking AI partnership
"Reliance and Nvidia are partnering to build AI infrastructure in India," announced Jensen Huang at the NVIDIA AI Summit on October 24 in Mumbai. He also said that PM Modi had asked him to address his cabinet about artificial intelligence six years ago.
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Reliance Industries Chairman Mukesh Ambani joins Nvidia founder and CEO Jensen Huang for fireside session as part of the Nvidia AI Summit India at Mumbai's Jio World Convention Centre today. The fireside session will see the discussion around AI’s pivotal role in reshaping industries and how India is emerging as a global AI leader.
During the AGM earlier in August, Reliance Industries Ltd Chairman Mukesh Ambani's address to shareholders reflected the conglomerate's growing emphasis on advanced technology and innovation. Ambani's made more than 50 references to artificial intelligence (AI) as he laid out an ambitious blueprint of deeptech moves to transform the oil-to-telecom conglomerate.
"Reliance and Nvidia are partnering to build AI infrastructure in India," announced Huang at the Summit on October 24.
Highlights from the conversation between Ambani and Huang
My version of Nvidia is vidya, which means knowledge in India,' says RIl Chairman Mukesh Ambani. Huang reacts, "I knew I had named the company right...22 years ago I knew this!"
'Jio largest data company in the world,' says Ambani
"As our PM has said that this is the new aspirational India. Only country in the world with average age of 1.2 bn people is below 35," says Mukesh Ambani
"India has become home among all companies across world-- we are fastest growing across industries."
"India is fast becoming innovation hub for the world."
"Apart from the US and China, India has the best digital connectivity infrastructure."
"We also have the necessary infrastructure. We are fortunate to have the connectivity infrastructure."
"India will be a intelligence market."
"We will surprise the world with what India and Indian can do in the artificial intelligence market."
"Indians will not only export CEOs to the worlds largest companies but also millions of Indian who will deliver AI services to the world. Everyone will have to work together to bring the intelligence age safely to the world."
On PM Modi and Jobs
"It makes complete sense that India should manufacture its own AI. You should not export data to import intelligence. India should not export flour to import bread," says Jensen Huang on PM Modi. He also said that the Prime Minister asked him to address his cabinet about artificial intelligence.
When asked "is AI going to take your job?" - Nvidia founder Huang says that "I know absolutely not but the person who uses AI to automate 20%-50% is going to take your job." He further adds that "in the long-term, I am hoping humans will have their personal AI assistants and partners remembering things for them."
