Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
positive
5 days agoReliance and Meta launch ₹855 crore AI venture to target Indian enterprise market
Reliance Industries and Meta Platforms have formed a joint venture named Reliance Enterprise Intelligence Ltd (REIL), investing an initial ₹855 crore to develop and deploy enterprise-AI services in India and select overseas markets. Reliance’s subsidiary holds 70 % and Meta’s Indian arm holds 30 % of the venture. REIL will focus on language-model applications, cloud integrations and sector-specific AI solutions. The move aligns with India’s digital-innovation push and global AI race. Analysts anticipate this could reshape enterprise IT spending and infrastructure dynamics in South Asia.
positive
5 days agoReliance and Meta launch ₹855 crore AI venture to target Indian enterprise market
Reliance Industries and Meta Platforms have formed a joint venture named Reliance Enterprise Intelligence Ltd (REIL), investing an initial ₹855 crore to develop and deploy enterprise-AI services in India and select overseas markets. Reliance’s subsidiary holds 70 % and Meta’s Indian arm holds 30 % of the venture. REIL will focus on language-model applications, cloud integrations and sector-specific AI solutions. The move aligns with India’s digital-innovation push and global AI race. Analysts anticipate this could reshape enterprise IT spending and infrastructure dynamics in South Asia.
positive
Reliance and Meta launch ₹855 crore AI venture to target Indian enterprise market
6 days ago
1 min read
85 words
Reliance and Meta invest ₹855 crore in a 70:30 JV to build enterprise AI services in India, signalling deeper domestic AI ecosystem growth.
Reliance Industries and Meta Platforms have formed a joint venture named Reliance Enterprise Intelligence Ltd (REIL), investing an initial ₹855 crore to develop and deploy enterprise-AI services in India and select overseas markets. Reliance’s subsidiary holds 70 % and Meta’s Indian arm holds 30 % of the venture. REIL will focus on language-model applications, cloud integrations and sector-specific AI solutions. The move aligns with India’s digital-innovation push and global AI race. Analysts anticipate this could reshape enterprise IT spending and infrastructure dynamics in South Asia.
Reliance Industries and Meta Platforms have formed a joint venture named Reliance Enterprise Intelligence Ltd (REIL), investing an initial ₹855 crore to develop and deploy enterprise-AI services in India and select overseas markets. Reliance’s subsidiary holds 70 % and Meta’s Indian arm holds 30 % of the venture. REIL will focus on language-model applications, cloud integrations and sector-specific AI solutions. The move aligns with India’s digital-innovation push and global AI race. Analysts anticipate this could reshape enterprise IT spending and infrastructure dynamics in South Asia.
Tags:
AI
startups
AI
startups
India
enterprise tech
Oct 26, 2025 • 08:25 IST