Jio, Airtel double down on AI, cloud to drive growth
By
Binu Mathew
MUMBAI: India’s biggest telecom rivals Reliance Jio and Bharti Airtel are doubling down on artificial intelligence, cloud services, and data centres as they look to capture a slice of the country’s booming cloud and AI markets.
According to PwC, AI and cloud are the biggest adjacencies for telcos to build revenue streams beyond connectivity.
India’s cloud market is set to reach $58 billion by 2030 – from $15 billion currently – and AI could add $1.5 trillion to GDP by 2030, according to PwC.
