Ambani touts AI, bonus shares but stays silent on units’ IPOs

Ambani touts AI, bonus shares but stays silent on units’ IPOs

BILLIONAIRE Mukesh Ambani in his annual shareholders’ address on Thursday (Aug 29) unveiled plans for Reliance industries to develop cutting-edge artificial intelligence (AI) tools, but gave not details on the much-awaited listings of its telecom and retail units. The conglomerate wants to “democratise” AI by offering models and services to ordinary Indians at affordable prices,…

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