Reliance Jio IPO in 2026; Ambani unveils new AI ‘Kamdhenu’, JioHotstar becomes No. 2 globally
As part of its AI push, Reliance also announced the launch of a wholly-owned subsidiary, Reliance Intelligence.
As part of its AI push, Reliance also announced the launch of a wholly-owned subsidiary, Reliance Intelligence.
As part of its AI push, Reliance also announced the launch of a wholly-owned subsidiary, Reliance Intelligence.
New Delhi: Reliance Industries Chairman Mukesh Ambani on Friday announced that Reliance Jio will launch its initial public offering (IPO) in the first half of 2026, setting the stage for one of India’s most anticipated stock market debuts.
Addressing the 48th Annual General Meeting of RIL, Ambani said Jio is making all arrangements to file for its IPO. “We are aiming to list Jio by the first half of 2026, subject to all necessary approvals. This will demonstrate that Jio is capable of creating the same quantum of value as our global counterparts,” he told shareholders.
Jio has now surpassed the 500 million subscriber mark and will focus on expanding its revenue, digital offerings, and overseas operations before the IPO. Ambani outlined five priorities for Jio’s next phase of growth: connecting every Indian through mobile and broadband, equipping households with digital services, digitising businesses with secure platforms, driving an “AI Everywhere for Everyone” agenda, and expanding operations overseas.
As part of its AI push, Reliance also announced the launch of a wholly-owned subsidiary, Reliance Intelligence, which will build gigawatt-scale, AI-ready green energy-powered data centres in Jamnagar. The subsidiary will house India’s next-generation AI infrastructure, foster global partnerships, and deliver affordable AI services across sectors including education, healthcare and agriculture. “Reliance Intelligence promises to deliver AI everywhere for every Indian,” Ambani said.
Calling AI the new “Kamdhenu”, Ambani said the convergence of clean energy, genomics and artificial intelligence is transforming the global narrative towards “superabundance and super affordability.”
On the media front, Akash M Ambani highlighted the rapid growth of JioHotstar, which has emerged as the world’s second-largest streaming platform with 300 million paying subscribers and over 600 million users, including 75 million connected TVs, within three months of its launch. JioHotstar, part of the Reliance-Disney joint venture JioStar, now offers over 3.2 lakh hours of content—six times more than its closest rivals.
With a 34 per cent television market share and ambitions to serve a billion screens across mobile, TV, and connected devices, JioStar aims to redefine India’s media ecosystem by combining content, AI, and technology. “We have created a revolution by strategically leveraging content, AI and innovation to reshape how stories are told, delivered and experienced,” Akash Ambani said.