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flag Meta's Facebook acquires 30% of Reliance's AI venture for 855 crore rupees to expand enterprise AI services in India.

flag Facebook, a Meta subsidiary, has acquired a 30% stake in Reliance Enterprise Intelligence Ltd (REIL), a new AI venture formed by Reliance Industries on October 24, 2025. flag The joint venture, with Reliance Intelligence holding 70%, will develop and distribute enterprise AI services in India, focusing on sectors like sales, marketing, and finance. flag An initial investment of 855 crore rupees supports the effort, combining Meta’s Llama models and technical expertise with Reliance’s digital infrastructure and enterprise reach. flag The partnership, requiring no regulatory approvals, aims to accelerate access to customizable generative AI tools across Indian businesses.

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