Billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) is set to invest between USD 12–15 billion in building artificial intelligence (AI) infrastructure over the next few years, according to a Morgan Stanley report released on Friday.

The report suggests that Reliance’s AI investment roadmap could include the establishment of a 1-gigawatt (GW) AI-ready data centre, positioning India as a significant player in the global AI ecosystem.

At the company’s Annual General Meeting (AGM) in August, Ambani had announced a sweeping expansion into AI through a newly created subsidiary, Reliance Intelligence, which will lead the conglomerate’s artificial intelligence efforts.

The AI initiative will be built around four strategic pillars —

1. Infrastructure: Developing gigawatt-scale, AI-ready data centres to support India’s digital transformation.
2. Partnerships: Collaborating with global technology leaders to bring advanced AI capabilities to India.
3. Services: Creating AI-powered applications and solutions for consumers, small businesses, and industries such as education, healthcare, and agriculture.
4. Talent: Investing heavily in AI education and workforce development to strengthen India’s AI talent base.

Morgan Stanley noted that such a massive investment would not only bolster Reliance’s leadership in India’s digital economy but could also catalyse the country’s broader AI ecosystem, making it a competitive hub for innovation and data infrastructure in Asia.

The brokerage added that Reliance’s AI ambitions align with its long-term strategy of integrating technology, energy, and digital services to drive sustainable growth.