Reliance Industries Ltd (RIL) has announced a significant joint venture with Meta’s subsidiary, Facebook Overseas, Inc., to create Reliance Enterprise Intelligence Limited (REIL), focusing on enterprise AI solutions in India. This partnership, with a combined investment of Rs 855 crore, aims to develop an AI platform-as-a-service (AI PaaS) that enables businesses to customize generative AI models. Reliance will hold a 70% stake in REIL, while Meta retains 30%. The venture will offer AI tools tailored for sales, marketing, IT operations, customer support, and finance sectors. Leveraging Meta’s Llama AI models and Reliance’s extensive business network, the initiative seeks to mitigate costs and enhance AI adoption across various industries. This move follows an earlier collaboration announced in August 2025. No regulatory approvals were necessary for this joint venture, reflecting RIL’s commitment to driving digital transformation in India’s enterprise sector.
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