Reliance Jio Bets Big On AI And Blockchain; Akash Ambani Leading The Charge!
Reliance Jio has now decided to delve deeper into Artificial Intelligence and Blockchain technologies.
Reliance Jio, which has managed to attract as many subscribers as Russia’s total population, that too within 2 years of their launch, has now decided to delve deeper into Artificial Intelligence and Blockchain technologies.
And spearheading this mission is Akash Ambani, elder son of Mukesh Ambani.
What all can Jio do with AI and Blockchain? Keep reading to find out!
Reliance Jio’s Latest Gamble: AI and Blockchain
As per Mint, Jio is right now hiring a strong team of Artificial Intelligence and Blockchain experts, and the location can be either Bengaluru or Hyderabad.
Akash Ambani, who is the elder son of Mukesh Ambani, is leading the charge here, as he is directly involved in the hiring process.
One of the unnamed sources said,
“Reliance Jio has hired a few senior people who will build this team…the company wants to set up this team in either Bengaluru or Hyderabad…. Akash Ambani is taking keen interest in this and is expected to lead this initiative,”
In the month of March, Akash Ambani had led Saavn’s integration with Jio Music, a deal which created $1 billion music be
As per another unnamed source, Jio’s hiring activity has already started in Bengaluru and Hyderabad, and experts of machine learning, blockchain and AI are being interviewed currently.
Interestingly, Airtel too has stepped up their activities on this front. In the month of April, they had hired Santanu Bhattacharya as its chief data scientist to leverage big data and AI.
Santanu is directly reporting to Harmeen Mehta, global chief information officer and head of Digital at Bharti Airtel.
What Can Jio Do With AI, Blockchain?
A lot actually!
Last year, during India Mobile Congress, Mukesh Ambani had declared that data is the new oil and ever since that, they have been digging deeper into the domain of data and machine learning.
Jio has more than 100 million users, tons of data related to their data usage, their preferences and their habits.
Now, leveraging this data via Big Data, and using machine learning to create tools and apps can do wonders for their bottom line.
In fact, as per a FactorDaily report, an under-the-radar team of Jio is right now working at Texas, to do the same.
The report said,
“The Texan outpost has grown into a significant even if small-sized nerve centre for Jio, which is making investments in technologists and projects in artificial intelligence, machine learning, and blockchain technologies.”
Some of the activities which Jio is expected to perform, once their Big Data and Machine Learning capabilities are achieved:
- Optimize their existing network
- Deploy resources as per the demand
- Figure out what their users need, and present them
- Create customized content, based on user preferences
- Offer customized plans and content to regional users
Data is indeed the new oil, and Reliance has already started digging the shores. It seems that the next stage of telco battle would be fought using Big Data and AI.
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