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genai / news / / The Economic Times

Reliance Industries and Meta Platforms are joining forces.

Reliance and Meta have created a joint venture with a combined investment of about $100 million.

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Synopsis Reliance Industries and Meta Platforms are joining forces. They will create enterprise AI solutions using Meta's Llama models. This venture aims to bring advanced AI to Indian businesses of all sizes. Reliance will hold a majority stake. The partnership will offer customizable AI platforms and ready-made solutions. A new data center will also be built. Listen to this article in summarized format Loading... × Meta Platforms and Reliance Industries Limited (RIL) have announced a joint venture to develop and deploy Llama-based enterprise artificial intelligence solutions in India and select international markets, with an initial combined investment of approximately Rs 855 crore (around $100 million). Under the agreement, RIL will hold a 70% stake in the joint venture while Meta will hold the remaining 30%. Also read: Uttar Pradesh CM Adityanath launches 'Project GANGA', pitches self-reliance over 'revdi' culture The JV will offer two core products: an enterprise AI Platform-as-a-Service that allows organisations to customise, deploy, and govern generative AI models for workflows across sales, IT, customer service, and finance; and a suite of pre-configured AI solutions for both cross-functional and sector-specific use cases. Separately, Reliance will build a 168 MW data centre that Meta will lease, with options to scale capacity. Live Events The partnership draws on Meta's open-source Llama model stack and Reliance's reach to thousands of enterprises and small and medium businesses across India. The JV will be able to deploy solutions across cloud, on-premises, and its own infrastructure. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, said the partnership would "democratize enterprise-grade AI for every Indian organization — from ambitious SMBs to blue-chip corporates." Also read: Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s why Meta CEO Mark Zuckerberg said the JV would put Llama models "into real-world use" and expand Meta's footprint in the enterprise space. The transaction is subject to regulatory approvals and is expected to close in the fourth quarter of 2025. (You can now subscribe to our Economic Times WhatsApp channel) Market darling to drawdown: Why momentum stocks are losing steam To cut or not to cut: What happens to Air India free-meals as losses swell Can a cousin be an ‘independent’ director? Sebi clarifies Why Indian manufacturers may want the rupee to hit 100 Melting mountains: Can India defuse 189 looming flood risks in Himalayas? 5 mid-cap stocks from different sectors with an upside potential of 13 to 24% in one year, according to analysts 1 2 3
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