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Reliance Jio, a subsidiary of Reliance Industries Limited, and Microsoft today announced a long-term strategic relationship aimed at accelerating the digital transformation of the Indian economy and society. Speaking at RIL’s 42nd Annual General Meeting, Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, announced that this 10-year commitment combines the world-class capabilities of…
The post Reliance Jio & Microsoft Azure To Offer Free Cloud Services To Indian Tech Startups appeared first on Analytics India Magazine.
Reliance Jio is poised to create more ripples in the artificial intelligence sector, with the acquisition of 87% stake in chatbot startup Haptik in a ₹700 crore deal. The total transaction size, including primary capital investment, includes ₹230 crore as the consideration for the initial business transfer from Haptik to Jio. The Haptik team will…
The post Reliance Jio Buys 87% Stake In AI-Based Startup Haptik For ₹700 Crore appeared first on Analytics India Magazine.
Reliance Jio is poised to create more ripples in the artificial intelligence sector, with the acquisition of Haptik. Mumbai-based Haptik, founded in 2013 by Aakrit Vaish and Swapan Rajdev, deploys state-of-the-art machine learning algorithms to perform NLP tasks. Haptik is funded by Times Internet and Kalaari Capital. Their Conversational AI is built using more than…
The post Reliance To Buy Mumbai-Based Haptik To Supercharge Its AI Services appeared first on Analytics India Magazine.