Transcription
Of data, creating these models, generating and producing intelligence and tokens at scale for all kinds of different industries. This is what we're seeing happening in front of our, in front of us as we speak. And so, I hope to partner with all of you to enable India to be at the center of this new Industrial Revolution.
Now, to talk to you about some more of this and how it applies to India, I have another special guest, and you will surely know him as well. An industry pioneer, an industry pioneer, someone, someone we can genuinely say digitized India and, yeah, please, and helped build the fabric of the modern internet India that we know. Ladies and gentlemen, Mukesh Ambani, my friend. Mukesh, how are you?
So good, very nice to see you, very, very nice to see you. Please sit down.
Well, you know, we've been, this morning we've been talking about AI. And the last time you and I spent time together, we were talking about AI. And, uh, the time before that, we were talking about AI. And, uh, I, now you could see, we don't really have much to talk about aside from AI. And, and, um, no one, no one has contributed more, Mukesh, to help India become a high-tech and a deep-tech India. Now, you're at the beginning of that journey. You have great aspirations. I know you have deep aspirations to help India become a deep-tech industry. And, and, uh, what gives you that conviction, and why is artificial intelligence that moment for India?
So, Jensen, first, let me welcome you to our city of Mumbai, a city with a large heart. We are in what is the Jio World Centre, which is new, which is built by my wife. So, if I don't say it's built by my wife, I was instructed to say that. I'm at her house. In her house is bigger than your house. And I thought your house was pretty big, just so you know. From Mukesh's house, I could see my house in California. So, and you know, while I was listening to you, you talked about Nvidia being an exotic place. And I was thinking that when you are in India, I've got to give you my version of what, uh, Nvidia means to me. And I was just thinking about it backstage. There's a very important word link which is called Vidya, V-I-D-Y-A, right? And, [Music] in, in Indian, in Hindi, as we are all determined to make the best LLM in Hindi, right? In Hindi, Vidya means knowledge. I knew, I named the company, right? I knew it. So, everybody said, "Nvidia, what a horrible name, you will never make it." So, what it means, I knew it. I stuck with it. So, you, you can take credit for this interpretation. Gosh, no problem, right? So, it still is, it, it gets better, Jensen. So, if we think about Vidya, Vidya is Saraswati, and Saraswati is our goddess of knowledge. So, when you actually devote yourself sincerely to the goddess of knowledge and you acquire knowledge, then in our tradition, the goddess of prosperity, which is Lakshmi, follows. So, what you are doing, 32 years ago, I knew this. And now the story of Nvidia has been revealed to all of you. So, our first principles, right, are what you are driving. Thank you. Is the knowledge revolution, converting into the international, into what I call the intelligence revolution. And that drives prosperity across the world for all, all the 8 billion people. And I think that what we are at the doorsteps of is the new intelligence age. And on behalf of everybody, I'm very proud to have you as my friend and welcome to India. And thank you for actually contributing to the world to bring the intelligence age in our lifetime. And hopefully, together with everybody, this can drive to more prosperity for all the 8 billion people in the world, and particularly the 1.5 billion people in [Applause] India.
Mukesh, it is, it is such an honor and such a great privilege and an incredible joy to be able to contribute in this way. And, and, um, as, as you know, uh, the IT industry of India is world, world-renowned for its very large scale, and not just in size, but in deep expertise of computer science. Very few countries in the world have this natural resource, this amazing natural resource called IT and computer science expertise. In the last couple of years, we've been working together to upskill, and we've now upskilled about 200,000 IT professionals into the world of AI. You know, what, what do we have to do together, and how can we work together to help transform India at the speed of light, really? Because everything is moving so fast, to, to, to transform India into a center, not of just IT, but a center of AI.
So, from my point of view, uh, Jensen, let me tell you my own, uh, experience, uh, in India first, right? As our Prime Minister has said, that this is a new aspirational India. What we have today is, we are among the only country in the world where the average age of 1.4 billion Indians is below 35. So, what is driving our economy is not only new technologies like AI, but also aspirations. And I believe that, uh, you know, the Prime Minister and I believe that his leadership in terms of converting India to a premier digital society has been vital and continues to drive activity at the ground level. So, it's demography, it's leadership. The third factor is that we, as Indians, have the raw talent. You talked about converting 200,000 people into this, but I believe there are millions, right? If we now see India has become home, right, among all the companies across the world, we are, our fastest in growing industry is global competency centers. So, we do space research in India, we do pharmaceutical research in India. I'm sure that you're thinking of building chips in India. We are in our own energy industry, we do bioenergy industry. All the energy majors, Shell, BP, right, actually do their innovation in India. MH. So, India is fast becoming an innovation hub for the world in terms of where we are, and not the manufacturing house. And, and so, you know, we have, we have over 10,000 engineers here in India ourselves. So, that's like our challenge. What we've also have is, we also have what I call the necessary infrastructure. And we've been fortunate that we have the connectivity infrastructure, which is equivalent to the roads. So, if you don't have roads, you will not reach your destination. I believe that today, apart from the US and China, right, India has the best digital connectivity infrastructure, 4G, 5G, and broadband in the world. Yeah. When people talk about Jio, and you know, we said, Jio took India from number 8 in the world to number 1 in the world in 8 years. We, as a single company, didn't know anything about this domain, right? But today, we are the largest data company in the world, right? Yeah. Our volumes are equivalent to AT&T Mobile and Verizon combined. Yeah. So, I, I would, I would say, I would say, uh, uh, size of local market is quite an advantage. But let me tell you, like the most satisfying piece, and well, having 1.5 billion customers, part, the best part still coming, that's pretty satisfying. So, the most satisfying piece is that as Jio, we delivered about 16 exabytes of data this year. We will deliver this year. And the average, in the US, you pay $5 a GB. In the world, average for data is about $3.5 a GB. In India, Jio delivers data at 15 cents a GB. And what, and what that means is, you don't, you encourage your customers to use, use their phones. We do. And what really that means, Jensen, is a perpetual value, right? That technology has delivered customer value, yeah, of between $500 and $700 billion a year, year on year, every year, to Indians. And this is the gift of technology to the people of India. And this is what, right, what you described as intelligence, we can do to actually bring prosperity to all the people and bring equality to the world. And that is the opportunity. Why I described this, and this is the reason that India will be one of the biggest intelligence markets. And it's not only our aspirations, but I think it is just the raw gene pool and the raw gene power that exists in India, the youth power that exists in India, that is actually going to drive intelligence. And hopefully, once we drive intelligence for our domestic market, right, yeah, we will use intelligent services beyond software to integrate with the rest of the world, right? And Indians now will not only export CEOs to the world's largest companies, but hundreds of millions of Indians. It's, it's true. It's true. All of my, all of my colleagues, all of my friends back home, they're all Indians. All, all of my CEOs, and, and hundreds of millions will deliver to the world AI services, help a better world. And, uh, that is why your being here, thank you, right, is important. Your commitment to this country is important. And working together, right, this cannot be done by any one company, any one individual, but we all have to work together to bring this intelligence age safely to the world, so that we can create a more equal world, a prosperous world, and allow the global South to catch up with the rest of the world.
Yeah, that's really terrific. And, you know, one, one of the things that, that, uh, you, you've highlighted is just the immense amount of digital data that's available, um, surely at Jio and in India. And this leads to, leads to one of the things that I want to announce with you, uh, as you, as you know, in order to lead in artificial intelligence, you need to have, uh, AI model technology that, uh, India has. You need to have data, massive quantities of data. And using a, the last thing you need is, uh, AI infrastructure. And, uh, uh, we're, we're announcing that that Reliance and Nvidia are partnering to build AI infrastructure here in India. Absolutely. Uh, and then, and then the, the thing that I will say is that in order ultimately to create that into a flywheel, is one of the great advantages that India has, which is a very large population of users. And, and so now you, you have the fundamental ingredients, AI, data, and AI infrastructure, uh, and you have a large population of users that ultimately creates your AI flywheel. The thing that, that I really love, and, um, uh, when I met Modi, the first time, he asked me to meet his cabinet, uh, was to, this has got to be about six years ago. He asked me to address his cabinet about artificial intelligence. And I was so surprised. It was, literally, the first time any government leader, uh, any national leader asked me to address his cabinet on, uh, this particular topic. It was long before anybody was talking about artificial intelligence. And my last visit with him, he said, he said this, and it was really quite profound. He said, I, I was explaining to him the concept of, uh, AI infrastructure and why it's essential for every nation to have their own AI infrastructure, like their own communication, their internet infrastructure, their roads, energy, of course. And of course, intelligence should be part of your infrastructure, and the manufacturing of intelligence should be part of your infrastructure. And, and he said this, he said, he said, it makes completely complete sense that India should manufacture its own AI. Manufacture your own AI. You should not outsource. You should not export data to import intelligence. That India should not export data to import intelligence. And he said, absolutely. And, and Modi said, it's like India should not just export flour to import bread. We should add value to the data ourselves. And, and, uh, and the partnership, uh, that we have is to start that journey, to build the underlying infrastructure so that India could have your own infrastructure. You surely have your own computer science expertise, and you also have your data. You have a giant population of users, uh, to, to drive that flywheel. And then, one, one more comment. This is the thing that, that, that he was, he was most inspired by, uh, six years ago. He said, he said that artificial intelligence has the ability to elevate, um, the entire population of India. And the reason for that, I was talking earlier to him about the fact that there are so few people in the world who know how to program a computer. Programming is not easy. Here in India, it's the largest population of any pro, of programmers in the world. However, still, programming is not easy. Most people don't know how to program Python or C++ or, you know, Pascal or Fortran, but or Java. But everyone knows how to program an intelligence. And so, the ability to program computers is available to a small population, but the ability to program AI is something that everyone can do. And if, if AI could be put into the hands of every citizen, it would elevate and put into the hands of everyone this incredible capability. You and I get the benefit from called computers. And this computer could now benefit everybody in society. And, and that, he, he explained that back to me. Absolutely. And I think that that is why I started by saying that we are very fortunate to have a visionary leader who believes not only in vision but in execution. Yeah. And where I, and, you know, Jensen, where I see our partnership, and, is really, in a sense, I was waiting for your GB200s to mature. Because like you, from first principles, I don't like, doing anything but the best technology. And now your GB200, right, is undoubtedly the best technology. I'm looking forward. All of my technology is the best [Laughter] technology. India, India, including the next one, India will start with what is the absolute best that you have. And I'm happy to, like, what we are doing at Jamnagar is, we are now ready for big scale-up. So, we are building infrastructure, right? And we think big. So, we're building infrastructure for 1 gigawatt, which can be expandable to multiple gigawatts at one location. We already have the green power, so that we are not dependent on anybody else for power. We are building this so that we can scale this. And as your multiple order of magnitude technology, te, oles come, we will build our infrastructure. And, uh, we will, one important piece that I believe is important is that for India and Indians, right, we have to repeat a Jio for intelligence to be really affordable, available to the common people, yeah. And towards that, it is important that we design and build infrastructure so that to use AI, our customers don't have to change a phone, don't have to change their computers, but they can still get good quality AI. And we take the burden of putting that infrastructure together. Yeah. And I think that is what, uh, we are counting on you and us to do. On top of that, I have again great respect for my friend Mark Zuckerberg. Because by bringing open source to the world of intelligence, he has given, you know, everybody the opportunity to participate in this revolution. Llama 3 has activated every single company, every single industry around the world. It's incredible. And what you have done with Llama 3 also, right, thank you, is, and all of us, we can build on top of that. And to my mind, this move of Mark will be written in the history, right, when we look at it 100 years from now, that open source, all the big things in the world have have helped on open source, like Linux was open source. And I think that, uh, at least from India's point of view, we can use Llama as a base model. It allows all of us to develop on top of a state-of-the-art, uh, model. And surely, then we can fine-tune, train, retrain, do everything else. And I am sure that there is somebody in this audience who is very bright and very young, and we will have, right, into the future, an Indian model, right, as you very rightly said, which might be 10x of Llama. And that will happen from India. And I hope and pray that our young people will do that. But to start off with, open source is great. That's right. On top of that, right, all your tools. So, the Foundry tools that we have, we are looking forward to a development center where we take core of your tools and train hundreds of thousands of developers in India to use all the enterprise tools, to use the Omniverse tools, so that we can really apply intelligence in a practical way. And to me, this is just the starting of this intelligence age. It's a multi-decadal journey.
Mukesh is talking like an engineer. You guys listen, listen to him. Go. He's starting to sound like a 28-year-old engineer. What do you guys think?
I like it. I like it. And that's, that's what we're going to do together. And, uh, true, I can, like, assure you that, like, like we did in data, in a few years from now, right, we will surprise the world with what India and Indians can achieve in the intelligence market.
Thank you, Mukesh.
It, it will, um, uh, certainly, certainly we would agree that this is an extraordinary time for the world, and this is an extraordinary opportunity for India, um, to have precisely the conditions that have such a large population and large industry of computer scientists at a time when this industry, the computing industry, is going to become the intelligence industry, leveraging on everything that you have, leveraging on everything that you know, and your indigenous advantage, enormous amounts of data, a large population of consumers to drive that flywheel of intelligence to data, data to intelligence, intelligence to data, and have the national will to go do something about it. This is such an extraordinary time, and I am honored and privileged to be partnered with you to do this. And let's, let's, uh, let's make it a promise today that that we will work together so that India could take advantage of the intelligence revolution that's ahead of us.
Okay. Thank you very much. Thank you. Thank you. Thank you. Thank you so very much. Thank you, ladies and gentlemen. Mukesh Ambani. Thank you. Thank you. Thank you. And Jensen, my friend, right? You are here only a few days, uh, before Diwali. Diwali is our New Year. It is where we worship the goddess of prosperity. So, on behalf of, uh, all of us, we wish you, thank you, a very, very prosperous New Year. And to all of you, a happy Diwali and a happy, happy Diwali, everyone. Thank you. Thank you, my friend. Good.