Reliance joins hands with Meta; to build AI tools; RIL clarifies the transaction
Reliance Industries Limited and Meta Platforms are joining forces. They have formed a new company called Reliance Enterprise Intelligence Limited. This new entity will focus on developing and distributing artificial intelligence services for businesses. The partnership aims to strengthen enterprise technology capabilities and explore new AI solutions. Reliance will hold a 70 percent stake, with Meta owning 30 percent.
Reliance Industries Limited and Meta Platforms are joining forces. They have formed a new company called Reliance Enterprise Intelligence Limited. This new entity will focus on developing and distributing artificial intelligence services for businesses. The partnership aims to strengthen enterprise technology capabilities and explore new AI solutions. Reliance will hold a 70 percent stake, with Meta owning 30 percent.
