New Delhi: Reliance Industries Limited (RIL) led by prominent businessman Mukesh Ambani has taken a major step in the field of artificial intelligence (AI). The company has announced a joint venture with Facebook Overseas Inc. a wholly owned subsidiary of Meta Platforms Inc. Reliance Enterprise Intelligence Limited This new venture will be named Reliance Enterprise Intelligence Limited (REIL) in which Reliance will hold a 70 per cent stake and Facebook a 30 per cent stake. In a stock exchange filing on Saturday 25 October 2025 RIL stated that on October 24 2025 its wholly owned subsidiary Reliance Intelligence Limited incorporated in India formed REIL. This companys primary objective will be to develop market and distribute enterprise AI services. Crores in Investment Under the joint venture agreement Reliance Intelligence and Facebook Overseas will jointly invest a total initial capital of ₹855 crore. Reliance will bear the majority of the investment while Facebook will invest the remaining 30 per cent. The company clarified that the formation of REIL did not require any government or regulatory approvals which expedited the process. Focus on Enterprise AI REIL will focus on developing customised AI solutions for large businesses. This will include data analytics automation predictive modelling and smart decision support systems. Experts believe this partnership will play a key role in providing world-class AI technology to Indian industries. Reliances Digital Expansion This move is part of Reliances digital and technology expansion strategy. The company which previously revolutionised telecom through Jio now aims to lead in AI and cloud computing. This alliance with Meta will give Reliance a strong foothold in the global AI ecosystem. In 2020 Facebook invested $5.7 billion (approximately Rs 43574 crore) in Jio Platforms becoming its largest minority shareholder. The investment approved by the Competition Commission of India in June 2020 gave Facebook a 9.99% stake in Jio Platforms which forms the base of RILs telecom business with around 500 million customers.
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