RIL, Nvidia join hands to build AI infrastructure in India; stock up 1%

Shares of Reliance Industries gained 0.97 per cent to Rs 2,456 apiece on the BSE in Friday’s intraday after the company partnered with Nvidia to build AI (artificial intelligence) infrastructure in India. At 3:15 PM, the stock was ruling at its highest level in the day as against 0.5 per cent gain in the benchmark S&P BSE Sensex.

In a joint statement, Nvidia and RIL said the collaboration aims to develop India’s own foundation large language model, trained on the nation’s diverse languages and tailored for generative AI applications.