On August 29, Reliance Industries Chairman Mukesh Ambani recently addressed the 47th Jio Annual General Meeting 2024. During his speech, the chairman of the industry also spoke about using AI. Setting up data centers in Jamnagar, Gujarat was also a point of focus. Meanwhile, the event was live-streamed on several platforms. To make the experience even better, AGM was also accessible in the Metaverse. Here are some of the major announcements made at Jio’s Annual General Meeting for 2024.
Everything About JioAirFiber And 5G
Reliance AGM 2024 marks the 47th annual meeting under Mukesh Ambani's leadership. Jio, in just 8 years, has skyrocketed to become the world's largest mobile data company. On average, each #Jio user consumes a staggering 30 GB of data per month. This remarkable growth showcases… pic.twitter.com/UtKDm9nV6Q
— 🌹Ellems🌹 (@ellems00) August 29, 2024The chairman claimed that in just two years, Jio has gained over 130 million customers who have started using Jio 5G. He said,
And this is just the beginning. Today, nearly all smartphones over Rs 8,000 (USD 96) sold in India are 5G-ready. As 5G phones become more affordable, 5G adoption on Jio’s network will accelerate, further boosting data consumption. With Jio’s lead in 5G coverage, capacity, and quality, we expect to capture the lion’s share of the accelerating 5G adoption.
Regarding JioAirFiber, the chairman said,
In just over six months, we acquired our first one million air fiber customers. We acquired the next 1 million air fiber customers in just 100 days. We are still streamlining our operations and see the potential to accelerate even further.
The company now plans to spread its services to millions of homes, small and medium businesses, schools and colleges, and hospitals.
JioPhonecall AI
Akash Ambani, son of Mukesh Ambani, introduced the JioPhonecall AI service. He revealed that it can record and store any call in Jio Cloud and also transcribe it automatically. Users can now also use the feature to summarize the call and even translate it into other languages. “These are just a few ways we are bringing advanced AI through Connected Intelligence to every Indian, simply and effectively,” Akash said.
JioTV OS
It is the company’s completely homegrown operating system for the Jio Set-Top Box. It gives access to entertainment features like Ultra HD 4K video, Dolby Vision, and Dolby Atmos. Additionally, the voice assistant, Hello Jio, is also a part of TV OS now. This will allow the users to control the Set-Top Box with their voice. In the announcement, it was revealed that Hello Jio has become even smarter using the latest Generative AI technologies. Its natural language and human-like understanding have also been improved.
JioBrain
8 Most Imp Highlights of 47th AGM of Reliance Jio🔥 #techedition#jiobrain #free100gbjiocloudstorage #free100gbstorage #jiophonecallai #jiotv+ #jiotbplus #jiotvOS #jiodisneymerger #jiohome #inspiringprashanttech #inspiringprashant pic.twitter.com/6kVoMxm8ze
— Prashant Karande (@prashantbk11) August 30, 2024The company is also creating a comprehensive collection of tools and platforms that span the entire “AI lifecycle.” This is recently called Jio Brain. This helps to increase AI adoption across Jio, drives faster decision-making, gives accurate predictions, and a good understanding of customer needs. “We are also starting to use Jio Brain to drive a similar transformation across other Reliance operating companies and to fast-track their AI journey as well,” the authority said.
About Jio TV+ From Jio Annual General Meeting 2024
Akash also introduced new features for JioTV+ as well. It offers access to 860+ live HD TV channels as well as OTT content from platforms like Amazon Prime Video, and Disney+ Hotstar. It was also added that the platform has a “super-fast channel switching experience.”
Additionally, users will now be able to open different OTT apps via JioTV+ with just a one-time login. A few days ago, it was also announced that the company is bringing the JioTV+ app for smart TVs with a 2-in-1 offer. It will allow its users to connect two TVs with one JioAirFiber connection.
Jio Cinema
Catch the Top 5 highlights from the 47th RIL AGM 2024.#RILAGM #RILAGM2024 #RelianceForAll #Jio #Network #AI #JioAICloud #DigitalTransformations #DigitalIndia #100GB pic.twitter.com/nKcWPOC04r
— Reliance Jio (@reliancejio) August 29, 2024The meeting also discussed the growth of JioCinema recently. It was revealed that IPL 2024 was viewed by a total of 62 crore users in India. It marked a 38% increase from the previous seasons of the premier league. The app also registered 15 million paying subscribers in just 100 days. The platform gives you access to several original shows, reality shows, movies, and content from HBO, Paramount, and NBCU.
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Conclusion
Jio’s commitment to keep the cost low has made it accessible to all. The authorities also proudly claim that the most intriguing aspect of Jio’s journey is that everything that they have achieved is powered by their technology.
