Reliance Industries Limited (RIL) has announced a strategic joint venture with Meta to develop and scale enterprise artificial intelligence (AI) solutions for businesses across India and select global markets. As part of the agreement, both companies have committed a total initial investment of approximately Rs 8.55 billion (around USD 100 million), with RIL contributing 70 per cent and Meta the remaining 30 per cent.The new venture will harness Meta’s advanced open-source Llama models to offer a two-pronged solution. First, it will provide an Enterprise AI Platform-as-a-Service—a secure, end-to-end environment enabling organisations to customise, deploy, and manage generative AI models across a wide range of functions including sales, marketing, IT development and operations, finance, customer service, and more. Secondly, it will deliver a suite of pre-configured AI solutions designed for both cross-functional and sector-specific applications.This partnership blends RIL’s expansive digital infrastructure and industry expertise with Meta’s globally adopted Llama models to create a robust and scalable AI offering. With Llama’s proven enterprise-grade performance and low total cost of ownership, the joint venture aims to make advanced AI accessible and affordable for Indian enterprises and small-to-medium businesses (SMBs). Furthermore, the venture will offer flexible deployment options—via cloud, on-premises, or hybrid models—allowing more efficient control over infrastructure expenses.The transaction is pending customary regulatory approvals and is expected to close in the fourth quarter of 2025.Commenting on the development, Shri Mukesh D. Ambani, Chairman and Managing Director of Reliance Industries, stated, “Partnering with Meta brings our vision of delivering AI to every Indian and every enterprise to life. By leveraging Meta’s open-source Llama models and our domain expertise, we aim to democratise AI in India—from ambitious SMBs to top-tier corporates. RIL’s own enterprise environment will also serve as a real-world testbed for deploying and fine-tuning the joint venture’s offerings at scale.”Meta Founder and CEO Mark Zuckerberg added, “We’re excited to expand our collaboration with Reliance to bring the power of open-source AI to Indian developers and enterprises. This venture allows us to put Llama into practical use and expands Meta’s reach into the enterprise space, opening new possibilities together.”