• Latest
  • Trending
Reliance Industries and Bajaj Finance identified as top picks in Prabhudas Lilladher’s BEAT Report

Reliance on focus after Meta AI Data centre partnership

LTM reports Q1 FY27 profit of ₹1,469 crore, revenue grows 18%

LTM reports Q1 FY27 profit of ₹1,469 crore, revenue grows 18%

TAC InfoSec posts record Q1 FY27 results, profit surges 137%

TAC InfoSec posts record Q1 FY27 results, profit surges 137%

Equity mutual fund inflows jump 26.5% in June

Equity mutual fund inflows jump 26.5% in June

TCS Q1 FY27: $9.5 billion deal wins, AI growth drive steady performance

TCS Q1 FY27: $9.5 billion deal wins, AI growth drive steady performance

Apollo Micro Systems eyes ₹2,500 crore buyout of premier explosives

Apollo Micro Systems eyes ₹2,500 crore buyout of premier explosives

Dixon Technologies to own 51% in new Vivo manufacturing venture

Dixon Technologies to own 51% in new Vivo manufacturing venture

L&T Finance Q1 PAT rises 29% to ₹902 crore; retail disbursements jump 36%

L&T Finance Q1 PAT rises 29% to ₹902 crore; retail disbursements jump 36%

Precious metals rebound as Fed uncertainty lingers; Crude oil corrects

Precious metals rebound as Fed uncertainty lingers; Crude oil corrects

Commodities outlook: Gold up, oil under pressure

Commodities outlook: Gold up, oil under pressure

Cognizant to scale Frontier AI workforce to 15,000, targets stronger enterprise AI outcomes

Cognizant to scale Frontier AI workforce to 15,000, targets stronger enterprise AI outcomes

Demat account openings hit four-month high in June

Demat account openings hit four-month high in June

JSW Steel reports consolidated crude steel production of 6.59 million tonnes for Q1 FY27

JSW Steel reports consolidated crude steel production of 6.59 million tonnes for Q1 FY27

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Sunday, July 12, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Reliance on focus after Meta AI Data centre partnership

in Market
Reading Time: 2 mins read
0
Reliance Industries and Bajaj Finance identified as top picks in Prabhudas Lilladher’s BEAT Report
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 10 June 2026

Reliance Industries Ltd.’s (RIL) was in focus after the news of a partnership between the firm and Meta, which is the owner of Facebook, Instagram, and WhatsApp.

According to the pact, Reliance Industries will construct an AI-powered data center in Jamnagar, Gujarat. The data center will have a capacity of 168 megawatts and will be rented out by Meta to meet their requirements for artificial intelligence and digital infrastructure. The firm would also have the provision to upscale its capacity in the future.

According to Mark Zuckerberg, CEO of Meta, this project demonstrates the firm’s significant commitment to the Indian market, which is among the fastest-growing and largest ones for the company. This infrastructure will assist Meta in providing its products and developing its AI technologies.

Reliance believes that this is the first ‘built-to-suit’ data center project by Meta in India. Reliance sees the project playing a vital role in making India a central player in the global AI sector.

Under the collaboration, Reliance would offer end-to-end services to Meta. These include the design and construction of the center, management of utilities, provision of renewable power, network connectivity, and operation. According to Reliance, the deal allows it to become a one-stop shop for large scale AI infrastructure projects in India.

There are many advantages of the Jamnagar location. First, it provides renewable energy. Second, there is enough water supply. Third, there is good connectivity due to the fiber optic network of Jio. Moreover, the location of the data center is close to the main submarine cable landing facilities in India’s western coast. In addition, the facility will use renewable energy and desalinated seawater for cooling.

According to Reliance Chairman and Managing Director Mukesh Ambani, the agreement is a milestone in India’s digital infrastructure space. It shows that India is ready to play an active role in the world’s AI revolution.

He further went on to mention that Reliance intends to develop first-rate digital infrastructure that will enable the future generation of artificial intelligence advancements. He stated that Jamnagar was poised to become a key location for AI computing, enabling not only the Indian digital economy but also fulfilling global requirements.

Related Posts

Equity mutual fund inflows jump 26.5% in June

Equity mutual fund inflows jump 26.5% in June

0

Athira Sethu Kochi, 11 July 2026 Equity mutual fund inflows rebounded sharply in June 2026, with investors stepping up allocations...

Apollo Micro Systems eyes ₹2,500 crore buyout of premier explosives

Apollo Micro Systems eyes ₹2,500 crore buyout of premier explosives

0

Athira Sethu Kochi, 10 July 2026 Defence equipment manufacturer Apollo Micro Systems is reportedly close to acquiring Premier Explosives in...

Precious metals rebound as Fed uncertainty lingers; Crude oil corrects

Precious metals rebound as Fed uncertainty lingers; Crude oil corrects

0

DBT Bureau Pune, 10 July 2026 Gold prices rebounded sharply, settling 1.11% higher at ₹145,300 as a slightly weaker U.S....

Demat account openings hit four-month high in June

Demat account openings hit four-month high in June

0

Athira Sethu Kochi, 9 July 2026 Retail participation in the stock market gathered momentum in June as rising equity markets...

LTM reports Q1 FY27 profit of ₹1,469 crore, revenue grows 18%
News

LTM reports Q1 FY27 profit of ₹1,469 crore, revenue grows 18%

0

DBT Bureau Pune, 11 July 2026 LTM, the technology services company, reported a strong financial performance for the first quarter...

Read moreDetails
TAC InfoSec posts record Q1 FY27 results, profit surges 137%
News

TAC InfoSec posts record Q1 FY27 results, profit surges 137%

0

DBT Bureau Pune, 11 July 2026 TAC InfoSec Reports Record Q1 FY27 Results; Income Jumps 97%, PAT Surges 137% as AI Boom Strengthens Cybersecurity Demand Amid global concerns over whether the AI boom is sustainable, TAC Security converted rising AI-led cybersecurity demand into record quarterly growth. Total Income grows 33.3% QoQ to...

Read moreDetails
Equity mutual fund inflows jump 26.5% in June
Market

Equity mutual fund inflows jump 26.5% in June

0

Athira Sethu Kochi, 11 July 2026 Equity mutual fund inflows rebounded sharply in June 2026, with investors stepping up allocations...

Read moreDetails
TCS Q1 FY27: $9.5 billion deal wins, AI growth drive steady performance
News

TCS Q1 FY27: $9.5 billion deal wins, AI growth drive steady performance

0

DBT Bureau Pune, 11 July 2026 Tata Consultancy Services reported its consolidated financial results according to IFRS, for the quarter...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.