Neutral impactEconomy
'AI is also the internet & data. I feel like not enough people are taking cognizance of that.' Nikhil Kamath tells Shereen Bhan that Jio played a significant part in making the internet cheaper in India. He says he wanted ₹500 crore of Jio Platforms exposure, got ₹
LinkedIn 1 hr ago·21 Oct 2026, 5:22 pm
In a recent interview, Nikhil Kamath, co‑founder of Zerodha, said AI is fundamentally the internet and data, and highlighted how Jio’s low‑cost broadband has expanded data access across India. He mentioned that he had been looking to take about ₹500 crore of exposure to Jio Platforms.
The comment matters because AI applications rely on massive data sets and fast connectivity. Companies that own or operate the underlying network, like Jio, could see increased demand as businesses and consumers adopt AI tools. This macro view links telecom performance to broader tech growth.
Investors should keep an eye on Jio’s quarterly results, any regulatory changes affecting data pricing, and the pace of AI adoption in Indian enterprises, as these factors will shape the sector’s outlook.
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
