AI rush: RIL, Meta set up Rs 855 cr JV, Google joins for AI-ready data centres
Friday, 29 August 2025 () Reliance Industries and Meta have partnered to develop AI solutions for Indian businesses, investing ₹855 crore initially. Reliance will hold a 70% stake, leveraging Meta's Llama model to offer AI platform-as-a-service. Mukesh Ambani aims to democratize enterprise-grade AI, while Mark Zuckerberg hopes to expand the reach of Meta's AI models across India, boosting productivity and innovation.