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Monday, March 2, 2026

Tag: Reliance Enterprise Intelligence

Reliance and Meta Form ₹855 Crore AI Joint Venture REIL

Reliance Industries partners with Meta to launch REIL, a joint venture developing enterprise AI solutions with initial funding of ₹855 crore for Indian and global markets.

Reliance and Meta Launch $100 Million AI Joint Venture in India

Reliance Industries and Meta formalise AI partnership with ₹855 crore investment to develop enterprise AI solutions using Meta's Llama model for Indian market.

Reliance and Meta Form Rs 855 Crore AI Joint Venture for Enterprise Services

Reliance Industries and Meta Platforms launch Reliance Enterprise Intelligence Limited to develop AI services for businesses with 70-30 partnership structure.

Facebook Acquires 30% Stake in Reliance AI Venture REIL

Meta's Facebook takes 30% stake in Reliance's new AI venture with Rs 855 crore investment, leveraging Llama models for enterprise solutions across India.

Facebook Invests Rs 855 Crore for 30% Stake in Reliance AI Venture

Meta's Facebook partners with Reliance Industries in Rs 855 crore AI joint venture, holding 30% stake to develop enterprise AI services using Llama models.