Reliance Industries spurts as its telecom arm launches AI-powered video call assistant

Reliance Industries is currently trading at Rs. 1363.00, up by 5.35 points or 0.39% from its previous closing of Rs. 1357.65 on the BSE.

The scrip opened at Rs. 1363.50 and has touched a high and low of Rs. 1365.00 and Rs. 1355.00 respectively. So far 38476 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1417.00 on 03-May-2019 and a 52 week low of Rs. 1017.00 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1368.00 and Rs. 1293.15 respectively. The current market cap of the company is Rs. 862916.38 crore.

The promoters holding in the company stood at 47.29%, while Institutions and Non-Institutions held 36.30% and 16.42% respectively.

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has launched its patent-filed innovation an artificial intelligence (AI) based video call assistant that can be accessed via 4G phone call without having to install any other application. The customer engagement video assistant solution has been developed by Reliance Jio in conjunction with US-based Radisys, the company’s subsidiary.

The video bot can be customised to meet various customer engagement requirements while providing a human-like interaction, and has the potential to revolutionise customer support and customer communication use cases. In addition, the platform has an auto-learning feature that helps improve answering accuracy. The Jio Bot Maker, a tool that accompanies the Jio Bot platform, aims to democratise AI by enabling small businesses to create their own AI-based bot without any coding.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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