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Corporate giants pledge major investments to power India’s AI infrastructure

GenevaTimes by GenevaTimes
February 19, 2026
in Business
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NEW DELHI: 19/02/2026, Logo of India AI Impect Summit , in New Delhi on Thursday.  Sushil Kumar Verma / The Hindu

NEW DELHI: 19/02/2026, Logo of India AI Impect Summit , in New Delhi on Thursday. Sushil Kumar Verma / The Hindu
| Photo Credit:
SUSHIL KUMAR VERMA

At the India AI Impact Summit 2026, leading corporations announced significant investment commitments, headlined by Jio and Reliance’s massive ₹10-lakh crore pledge to be deployed over the next seven years.

“This is not speculative investment. It is not for chasing valuation. This is patient, disciplined, nation-building capital — designed to create durable economic value and strategic resilience for decades to come,” Mukesh D Ambani, Chairman and Managing Director, Reliance Industries, said at the Summit on Thursday.

Ambani said the biggest constraint in artificial intelligence (AI) today is not talent or imagination, but it is scarcity and high cost of compute.

Therefore, he said, Jio Intelligence will build India’s sovereign compute infrastructure through three initiatives, including Gigawatt-Scale data centres.

“We are already started construction on multi-gigawatt, AI-ready data-centres at Jamnagar. Over 120 MW will come online in the second half of 2026 this year, and a clear path to gigawatt-scale compute for training and large-scale inference,” he said.

Adani’s commitment

The Adani Group made a commitment of $100 billion to a sovereign, green-energy-powered AI platform, calling it “the trigger for a 5-gigawatt, $250 billion integrated energy-and-compute ecosystem engineered to anchor India’s Intelligence Revolution”.

“In earlier centuries, nations built navies to secure trade routes. Today, we build sovereign compute to secure intelligence routes,” Jeet Adani, Executive Director, Adani Group, said.

From the US, tech giants including Amazon, Google and Microsoft said they were prepared to deploy $67.5 billion in AI and data centre infrastructure across India over the next five years.

A delegation of 120 American CEOs, including Sundar Pichai, CEO, Alphabet and Google, Adobe Chair Shantanu Narayen, FedEx President Raj Subramaniam, Microsoft President Brad Smith, and General Catalyst CEO Hemant Taneja, attended the Summit. The US tech giants position India as a strategic AI hub.

Microsoft has plans to invest $50 billion by the end of this decade to expand AI across the Global South, Brad Smith, Vice-Chairman and President, Microsoft, said.

Google’s plan

Google said it will spend $30 million through Google.org AI for government Innovation Impact Challenge to support AI-powered government-to-citizen solutions, apart from its recent announcement of $15 billion AI Hub in Vizag.

Qualcomm Technologies said it will contribute up to ₹90 crore over the next five years to support Anusandhan National Research Foundation (ANRF) under a strategic collaboration to support mission-driven research programmes.

These programmes will be jointly identified and selected through ANRF’s established evaluation and governance frameworks in priority technology areas including AI systems, advance wireless technologies and next-generation computing.

Qualcomm Had earlier announced its intention to invest up to $150 million to support India’s rapidly expanding technology and AI start-up ecosystem. The investments will be deployed through Qualcomm Ventures and will invest in startups across all stages.

Published on February 19, 2026

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