This move is part of Reliance's digital and technology expansion strategy.
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 company’s primary objective will be to devel

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