Reliance Industries announces AI joint venture with Meta

The new joint venture will focus on developing, marketing and distributing enterprise AI services across sectors

by e4m Staff
Published: Aug 29, 2025 3:07 PM | 3 min read

Reliance Industries Limited (RIL) has announced a joint venture with Meta Platforms Inc. to develop and promote artificial intelligence-driven solutions, marking one of the most significant collaborations between the two companies in recent years.

In a disclosure to stock exchanges, RIL said its board has approved the incorporation of a wholly owned subsidiary, Reliance Intelligence Limited, with an initial paid-up capital of ₹1 crore. This subsidiary will execute the joint venture agreement with Meta.

Under the terms of the JV, a new entity will be incorporated in which RIL (through the subsidiary) will hold a 70% stake, while Meta will own 30%. Both companies have jointly committed an initial investment of about ₹855 crore (approximately $100 million).

The new joint venture will focus on developing, marketing and distributing enterprise AI services across sectors. RIL said the wholly owned subsidiary will pursue ventures relating to artificial intelligence, including investments, acquisitions and partnerships in the space.

“The transaction with Meta is not a related-party transaction, as none of the company’s promoter group has any interest in it,” the company clarified.

The deal, which is subject to regulatory and customary approvals, is expected to close in the fourth quarter of calendar year 2025.

The announcement was made by RIL Chairman Mukesh Ambani at the company’s Annual General Meeting today, immediately after the board meeting.

Enterprise AI Platform‑as‑a‑Service: A secure, full‑stack environment for organisations to customise, deploy and govern generative‑AI models for specific use cases across sales and marketing, information technology development and operations, customer service, finance, and a wide range of other enterprise workflows; and

A suite of pre‑configured AI solutionsdesigned to address both cross‑functional and industry‑specific use cases

This partnership combines Meta’s open‑source Llama models with RIL’s digital backbone to deliver enterprise‑grade AI at affordable price points for Indian enterprises and SMBs. The JV will be able to deploy AI solutions at-scale given “Enterprise Grade” readiness of Llama - which has been proven across several production environments. More importantly, the JV will be able to scale high-performance models at a fraction of the cost given Llama’s lower total cost of ownership. The JV will also have greater flexibility to deploy over cloud, on-premises, and across its own infrastructure. This will allow the JV to proactively manage infrastructure costs, according to a press reelase.

The closing of the transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2025.

Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited, said “Partnering with Meta brings our vision of providing AI to every Indian and enterprise to life - by combining Meta’s most widely adopted open‑source Llama models with our deep expertise across multiple industries. We will democratize enterprise‑grade AI for every Indian organization - from ambitious SMBs to blue‑chip corporates, enabling them to innovate faster, operate more efficiently, and compete confidently on the global stage. RIL will also serve as a real‑world enterprise‑scale environment for deploying and refining the joint venture’s offerings - enabling rapid iteration and continuous improvement at scale.”

Mark Zuckerberg, Founder and CEO, Meta, said “We’re excited to deepen our partnership with Reliance to bring the power of open‑source AI to Indian developers and enterprises. Through this joint venture, we’re putting Meta’s Llama models into real-world use, and I’m looking forward to Meta expanding its footprint in the enterprise space as we unlock new possibilities together.”