In a major step to support India’s industrial sector, NVIDIA and Reliance Industries today announced a collaboration to develop India’s own foundation large language model trained on the nation’s diverse languages and tailored for generative AI applications to serve the world’s most populous nation. The companies will work together to build AI infrastructure that is…
Reliance, an Indian multinational conglomerate company, is setup to enter in online grocery shopping store JioMart. A Reliance Retail official confirmed the launch, adding that the company would gradually scale up its presence. The JioMart app can be soon downloaded on apple and android platforms. Currently, web services of JioMart are available in the outskirts…
Reliance Strategic Business Ventures Limited (“RSBVL”), a wholly-owned subsidiary of Reliance Industries Limited (“RIL” or the “Company”) has acquired equity shares of NowFloats Technologies Pvt. Ltd. (“Nowfloats”) for a cash consideration of Rs 141,63,78,822 (Indian Rupees one hundred forty one crore sixty three lakh seventy eight thousand eight hundred twenty two only). The said investment…