Meta Platforms' Facebook Overseas has acquired a 30% stake in Reliance Enterprise Intelligence Limited (REIL), a new AI venture launched by Mukesh Ambani 's Reliance Industries, according to a regulatory filing. Reliance Intelligence Limited, RIL 's wholly owned AI subsidiary, will hold the remaining 70% stake in the joint venture, which was formally incorporated on October 24, 2025. The two companies have committed an initial combined investment of Rs 855 crore in REIL, which will focus on developing, marketing, and distributing enterprise AI services across India, PTI reported. Reliance Intelligence will invest Rs 2 crore towards the initial subscription of 20 million equity shares valued at Rs 10 each. The joint venture, first announced at RIL's Annual General Meeting in Aug

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