Facebook takes 30% stake in Reliance AI venture, Reliance Intelligence; here's what 'amended' JV agreement says

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.

Meta's Llama models to power enterprise AI solutions

The joint venture, first announced at RIL's Annual General Meeting in August 2025, will leverage Meta's open-source Llama AI models combined with Reliance's extensive enterprise reach.

The partnership aims to offer two main products: an enterprise AI platform-as-a-service that enables organisations to customise and deploy generative AI models, and pre-configured AI solutions for industries including sales, marketing, IT operations, customer service, and finance.Meta will provide technical expertise in building Llama-based models, while Reliance will contribute its digital infrastructure and access to thousands of Indian enterprises and small businesses.

The solutions will be deployable across cloud, on-premises, and hybrid environments, with emphasis on lowering total cost of ownership.

Building on five-year partnership between the two giants

This AI collaboration extends the strategic relationship between Meta and Reliance that began in April 2020, when

Facebook

invested $5.7 billion (Rs 43,574 crore) in Jio Platforms, making it the largest minority shareholder. That investment, approved by the Competition Commission of India in June 2020, gave Facebook a 9.99% stake in Jio Platforms, which houses RIL's telecom business with nearly 500 million subscribers.The regulatory filing noted that REIL's incorporation does not fall under related party transactions, and none of Reliance Industries' promoters, promoter group, or group companies have any interest in the transaction. No governmental or regulatory approvals were required for establishing REIL.