AI Impact Summit 2026: The Chairman and Managing Director of Reliance Industries Limited (RIL) has announced at the ongoing AI Impact Summit 2026 that Jio and Reliance would be investing a staggering sum of Rs. 10 lakh crore in the upcoming 7 years, starting 2026.
Ambani remarked the country cannot afford to rent intelligence anymore. The Reliance Group Chairman added that this development would help in significantly cutting down the cost of intelligence just as Jio and Reliance dramatically reduced the cost of mobile data in the country.
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AI Impact Summit 2026-Mukesh Ambani Finally Gave India Some Good Reasons To Smile
In an eventful speech that was welcomed by all quarters of the information technology industry, Ambani remarked that India would emerge as one of the greatest powers in the context of artificial intelligence in the times to come. Mukesh Ambani went on to remark that humans are now for the first time creating human-like systems that could speak, analyze, learn, produce and move autonomously.
Now comes the big question – would this help India regain its lost glory?
Modern-day Akshaya Patra
Ambani remarked that he views artificial intelligence as a modern-day Akshaya Patra, referring to the Mahabharat’s legendary vessel that was believed to offer endless nourishment to everyone. The magical vessel was gifted to Yudhishitra, the eldest legitimate son of Kunti, by Lord Surya. The vessel helped the Pandavas and Draupadi offer endless food to everyone during their exile period so that no guest was ever turned hungry.
‘MANAV’ Vision Highlighted
In another development, Indian Prime Minister Narendra Modi highlighted that AI in a human form (MANAV) is a historic transformation that could expand human capabilities like never before. PM Modi outlined the role of artificial intelligence in redefining the amazing capabilities of human beings instead of just making machines “intelligent.”
The five-day AI Impact Summit 2026 has drawn more than 400 chief technology officers, 500 global AI leaders, vice-presidents, philanthropists and 150 researchers and academicians.


