Reliance Industries Limited (RIL) has announced a significant step in its artificial intelligence (AI) roadmap, forming a new joint venture with Meta Platforms, Inc.. The development was unveiled by Chairman Mukesh Ambani during the company’s 48th Annual General Meeting on Friday, August 29, 2025.
Reliance Intelligence Limited to lead AI push
RIL’s board has approved the incorporation of a wholly owned subsidiary, Reliance Intelligence Limited, to drive its AI business. As part of this expansion, the company will enter into a joint venture with Meta, where Reliance will hold 70% and Meta 30%.
Investment of ₹855 crore
Both companies will make a combined initial investment of ₹855 crore (around $100 million) to fund the new entity. The venture will focus on developing, marketing, and distributing enterprise AI services, blending Reliance’s scale and reach with Meta’s global expertise in artificial intelligence.
Strategic importance
Mukesh Ambani highlighted that the partnership reflects Reliance’s intent to establish India as a global hub for AI-driven solutions. The joint venture aims to create scalable technologies that can serve both domestic and international markets.
The transaction is subject to regulatory approvals and is expected to close by the fourth quarter of 2025.
