Tech
Reliance and Facebook form joint venture to launch AI firm, invest Rs 855 Cr
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Reliance Intelligence Limited (RIL), a wholly owned subsidiary of Reliance Industries Limited, has formed a joint venture named Reliance Enterprise Intelligence Limited (REIL) in partnership with Facebook Overseas Inc., a wholly owned subsidiary of Meta Platforms Inc.
The venture will focus on developing, marketing, and delivering enterprise-grade artificial intelligence (AI) solutions across India.
As per the exchange filing, Reliance Intelligence Limited has incorporated Reliance Enterprise Intelligence Limited (REIL) on October 24,2025 with initial…
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