Meta Platforms' Facebook Overseas has acquired a 30% stake in Reliance Enterprise Intelligence Limited (REIL), a newly formed artificial intelligence (AI) venture by Mukesh Ambani's Reliance Industries. The deal involves an initial combined investment of approximately 855 crore rupees (about $97.3 million) by both companies, according to recent regulatory filings. This new joint venture, formally incorporated on October 24, 2025, will focus on developing and distributing enterprise AI services across India. ^{[1][2][3][4][5][6][7][8][9][10][11][12][13]}### New AI Venture Details Emerge Reliance Enterprise Intelligence Limited (REIL) operates as a subsidiary of Reliance Intelligence Limited, which is Reliance Industries' wholly owned AI arm. Under the amended and restated joint venture agreement, Reliance Intelligence will hold a 70% ownership stake in REIL, while Meta Platforms' Facebook Overseas will own the remaining 30%. T^{[1][2][3][4][5][6][7][8][9][10][12][13]}he total initial investment committed by both partners stands at roughly 855 crore rupees. R^{[1][2][3][4][5][6][9][10][11][12][13]}eliance Intelligence initially invested 2 crore rupees for 2 million equity shares, each valued at 10 rupees, as part of REIL's incorporation. ^{[1][2][3][4][5][6][8][9][12][13]}The joint venture's primary goal is to develop, market, and distribute enterprise AI services throughout India. T^{[1][2][3][4][5][6][7][8][9][10][13]}his strategic collaboration was first announced by Reliance Industries chairman Mukesh Ambani at the company's Annual General Meeting in August 2025. D^{[4][5][6][8][9][14][15]}uring that announcement, Meta CEO Mark Zuckerberg virtually joined to emphasize the partnership's importance in making AI accessible. ^[5][9]### Leveraging Meta's Llama Models The new AI venture will heavily rely on Meta's open-source Llama AI models. These models will be combined with Reliance's extensive digital infrastructure and broad reach within the Indian enterprise sector. T^{[4][5][8][9][11][14]}his partnership aims to provide two main product offerings. First, it will create an enterprise AI platform-as-a-service. This platform will allow organizations to customize and deploy generative AI models tailored to their specific needs. ^[4][8]Second, REIL will offer a suite of pre-configured AI solutions. These solutions are designed for various industries and cross-functional business areas, including sales, marketing, IT operations, customer service, and finance. M^[4][8]eta will contribute its technical expertise in building Llama-based models, while Reliance will provide its vast digital network and access to thousands of Indian businesses, both large and small. T^[4][8]he solutions will be deployable across cloud, on-premises, and hybrid environments, focusing on reducing the total cost of ownership for businesses. ^[4][8]### Expanding a Five-Year Partnership This new AI collaboration builds on an existing strategic relationship between Meta and Reliance that started in April 2020. At that time, Facebook invested $5.7 billion (approximately 43,574 crore rupees) to acquire a 9.99% stake in Jio Platforms. J^{[4][5][6][8][16][15]}io Platforms, which houses Reliance Industries' telecom business, serves nearly 500 million subscribers. T^[4][8][15]hat earlier investment made Facebook the largest minority shareholder in Jio Platforms. T^{[4][6][8][15]}he Competition Commission of India approved the 2020 investment in June 2020. ^[4][8][15]This latest joint venture with REIL is a distinct move, specifically targeting the enterprise AI market, rather than a direct amendment to the Jio Platforms deal. Reliance Industries clarified that the REIL transaction does not fall under related party transactions. It also confirmed that none of its promoters, promoter group, or group companies have any direct or indirect interest in this specific deal. F^{[1][2][5][8][9][13]}urthermore, no governmental or regulatory approvals were needed for REIL's incorporation. ^{[2][5][8][9][10][13]}### Impact and Future Outlook The formation of Reliance Enterprise Intelligence Limited signals a significant step for both Meta and Reliance in India's rapidly growing digital economy and enterprise AI market. For Meta, it strengthens its presence and commitment to India, leveraging its advanced AI models through a robust local partner. F^[4][14]or Reliance, the venture positions it at the forefront of India's AI revolution, aligning with its broader strategy to develop gigawatt-scale, AI-ready data centers and forge partnerships with global technology leaders. ^[9]The partnership aims to democratize AI technology, making advanced solutions more accessible and affordable for Indian businesses. B^[9][16][14]y integrating Meta's AI technologies into Reliance's extensive digital ecosystem, the joint venture seeks to enhance digital interactions and platform capabilities across the country. This collaboration is set to transform India's AI landscape, driving innovation and expanding the adoption of AI-based solutions across various sectors. ^[16]

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