Jio Platforms News Today

Reliance Industries: Radisys, owned by RIL unit Jio Platforms Ltd (JPL), along with Tech Mahindra and Finlands Nokia, is partnering with Next-Gen Infrastructure Co. (NGIC), in which the Ghanaian government, Ascend Digital and K-Net hold equity, for the foray.

Jio aims to achieve pan-India coverage for AirFiber in the first half of 2024. Rival Bharti Airtel, too, plans to expand its wireless high-speed broadband services beyond 25 cities

Billionaire Mukesh Ambani-backed Radysis will expand into Ghana by providing affordable 5G network infrastruture, applications and smartphones.

Reliance Jio Infocomm may go public first, with a potential valuation of $100 billion and a share price of Rs 1200.

Radisys, a company owned by RILs subsidiary Jio Platforms Ltd (JPL), is collaborating with Tech Mahindra and Finlands Nokia, to team up with Next-Gen Infrastructure Co. (NGIC). NGIC, in which the Ghanaian government, Ascend Digital, and K-Net have equity stakes, is positioned as the first neutral 5G shared infrastructure provider in Africa. The companys initial focus will be on offering 4G and 5G network support in Ghana before expanding its services across the continent.

A Jio Financial unit plans to purchase customer premises equipment and telecom gear worth $4.32 billion from Reliance Retail.

Not satisfied with fine-tuning foundational LLM models built by the likes of Google and OpenAI, Silicon Valley-based startup Two Platforms has released a foundational multilingual LLM called Sutra, and a beta version of a multilingual LLM-based chatbot called Geniya for the India market

Tewari says he is working on getting Glance on iOS too, but this may not be easy since Apple rival Google is an investor in Glance. Its other investors are Jio Platforms and Mithril Capital

KKR and ADIA invested $1.5 billion, split equally, but the transaction hasn’t been formally announced, the ET report said

Reliance Industries: ADIA and KKR invest $1.5 billion in RRVLs warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include debt, NCDs, and equity. RRVLs growth supported by investments and strategic partnerships.