META to acquire 30% stake in REIL, Reliance AI Joint Venture (JV)
Reliance Industries and Meta have formed a joint venture with an initial investment of ₹855 crore. Meta holds a 30% stake to power Reliance Enterprise Intelligence Limited (REIL) with Llama models, aimed at developing enterprise AI solutions and fostering global partnerships.
META (Facebook) has acquired a 30% stake in the newly formed joint venture launched by Reliance Industries. The 70:30 Joint Venture (JV), Reliance Enterprise Intelligence Limited (REIL), was established on Friday, October 24, 2025, with an investment of ₹855 crores. It aims to focus on developing, promoting, and delivering enterprise AI services. While Google Cloud and NVIDIA will also be collaborating partners, META will play a major role by offering its Llama models, ensuring both scalability and transparency. As the alliance progresses, its emphasis on accessibility, scalability, and innovation is expected to accelerate digital transformation across sectors, making AI a foundational pillar of growth in the country’s digital economy.
About the Venture
The Joint Venture (JV) was signed with a total investment of ₹855 crores. As part of the equity arrangement, Reliance subscribed to 20,00,000 equity shares of ₹10 each, amounting to ₹2 crores. The company highlighted that the vision of Reliance Intelligence is “AI Everywhere for Everyone.” The venture aims to incorporate Artificial Intelligence (AI) into enterprise markets and will serve as a key partnership between the Indian conglomerate and the global tech organisations in the rapidly expanding AI space. Distinctively, it will offer a platform for engineers and researchers to create and apply AI across sectors such as healthcare, education, agriculture, and manufacturing. Officials confirmed that the transactions related to REIL between the two parties do not require any government intervention or approval.
Reliance Enterprise Intelligence Limited (REIL) has a dual objective: to serve as a platform enabling organisations to deploy and customise AI generative models, as well as pre-configured solutions in areas including marketing, sales, service, IT, and finance-a step seen as vital to aligning with global fintech standards. A megawatt-scale data centre will be built in Jamnagar to initiate the project. Google Cloud and NVIDIA will assist in deploying next-generation chips, renewable-powered data centre operations, and sovereign cloud regions for secure AI workloads. Meanwhile, META will offer its Llama models, ensuring scalability and transparency. With a focus on reducing the total cost of ownership, the solutions will be deployable across cloud, on-premises, and hybrid settings.
Llama, which stands for Large Language Model META AI, was launched by META AI in 2023, with its latest version, Llama 4, released in 2025. The Llama series consists of transformer-based autoregressive decoders similar to GPT-3, though they differ in several significant ways. Llama utilizes rotary positional embeddings (RoPE) instead of absolute positional embeddings and adopts the SwiGLU activation function in place of the GeLU used in GPT-3. It also replaces layer normalization with RMSNorm, enhancing training stability and efficiency. Supporting 12 languages, these models are multimodal, capable of processing both text and visual inputs to produce text outputs. On April 5, 2025, two advanced versions were introduced: a 17-billion active parameter model with 128 experts, a context window of 1 million tokens, and 400 billion total parameters; and Scout, a 17-billion active parameter model with 16 experts and a context window of 10 million tokens.
What the Directors and Managers Say About this Venture?
Reliance Managing Director Mukesh Ambani, in a filing made in August, commented that the collaboration aims to make enterprise-grade AI accessible to all. He stated:
Partnering with META brings our vision of providing AI to every Indian and enterprise to life by combining META’s most widely adopted open-source Llama models with our deep expertise across multiple industries. We will democratise enterprise-grade AI for every Indian organisation from ambitious SMBs to blue-chip corporates.
META CEO Mark Zuckerberg, expressing his enthusiasm about the partnership, said:
We’re excited to deepen our partnership with Reliance to bring the power of open-source AI to Indian developers and enterprises. Through this Joint Venture, we’re putting META’s Llama models into real world use.
Both Reliance Industries and META aim to harness the power of AI to transform the future of marketing, innovation, and enterprise growth.
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