Reliance Infrastructure announced its entry into AI and new-age technologies through subsidiaries, renaming three units to reflect the shift. It aims to participate in the AI ecosystem but gave no financial details. The move lifted its stock price to the upper circuit. The company reported strong FY26 profits despite mixed stock performance trends.
New Delhi: Reliance Infrastructure on Monday announced that it has initiated steps to expand into artificial intelligence (AI) and related new-age technologies through its subsidiaries as part of efforts to incorporate technology-driven activities within its business framework.
In an exchange filing, the company said it has undertaken enabling measures through subsidiaries to participate in the rapidly evolving AI ecosystem and allied technology segments.
As part of the move, Reliance Infrastructure said relevant business objects covering artificial intelligence and technology-enabled services have been incorporated into certain subsidiaries.
In addition, the company announced the adoption of new names for three subsidiaries as part of the exercise -- Reliance AI World Private Limited, Reliance AI Apex Private Limited and Reliance AI One Private Limited.
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