HomeBUSINESSReliance Jio And TM Forum's First Innovation Hub Launched

Reliance Jio And TM Forum’s First Innovation Hub Launched

Reliance Jio Infocomm Limited Chairman Akash Ambani (file photo)

Reliance Jio and TM Forum inaugurated the first Innovation Hub in Mumbai on Friday. TM Forum Innovation Hub has been created in Mumbai to accelerate the development of Generative AI (Gen AI), Large Language Models (LLM) and Open Digital Architecture. TM Forum is an association of more than 800 member companies.

Leaders of both the organizations participated in it. Apart from these, representatives of Innovation Hub founding members including Accenture, Deutsche Telekom, Google Cloud, Orange, Telenor and Vodafone also participated. It has been built in Reliance Corporate IT Park in Navi Mumbai. Mumbai has been chosen as the location to make India an epic center for global software development talent.

Innovation Hub will transform our industry
Akash Ambani, Chairman, Reliance Jio Infocomm Limited said: ‘TM Forum Innovation Hub is about delivering real-world solutions that will transform our industry. We are very happy to have the first Innovation Hub at our Mumbai campus, as I believe Mumbai is the perfect location to foster innovation.

The Innovation Hub will prove hugely beneficial
Stephen Rohen, Chairman of the TM Forum, said: ‘Rapid, open collaboration is more important today than ever for the future of our industry. TM Forum Innovation Hub will prove to be extremely beneficial. “We are delighted to work closely with Jio and all the founding members on this first innovation hub in Mumbai and look forward to seeing the first results of the hub’s pilot projects.”

What is Generative AI and Large Language Models?
In simple words, Generative AI are algorithms with the help of which we can create new content, such as text, audio, video, code and much more. This is a form of Machine Learning (ML). You can get text written by giving written orders to Generative AI, or you can even create images and videos. That is, it is not necessary that the medium in which the output is required should also be the same medium of the order. Whereas LLM is a research. This will help experts solve the problems of AI language models.

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