Tech
RIL, Meta To Jointly Invest INR 855 Cr In AI Joint Venture
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SUMMARY
Reliance Intelligence Limited has announced the incorporation of a new entity, Reliance Enterprise Intelligence Limited (REIL)
Reliance Intelligence will hold 70% stake in REIL while Facebook will hold the balance 30%
REIL will focus on developing, marketing and distributing enterprise AI services in India and globally, as per the company’s exchange filing today
About two months after announcing a new joint venture (JV) with Meta, Reliance Industries’ (RIL’s)…
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