Reliance & Meta invest INR 855 Cr in AI JV, Reliance Enterprise Intelligence Limited (REIL)

Reliance and Meta have launched Reliance Enterprise Intelligence Limited (REIL) with an investment of ₹855 crore, where Reliance holds a 70% stake and Meta 30%. REIL will develop global enterprise AI solutions powered by Meta’s Llama models. Mukesh Ambani described the venture as a move toward “sovereign enterprise AI.”