Reliance and Meta launch AI tools for Indian businesses

🚨 Reliance and Meta form $100 mn JV to launch AI tools for Indian businesses Reliance and Meta are collaborating to develop an AI platform for Indian companies, utilising Meta’s Llama technology. The joint venture will offer ready-to-use AI tools for sales, finance, and operations, aiming to help businesses of all sizes upgrade quickly and affordably, starting late 2025. Reliance will hold 70% while Meta will take 30% in JV. Meta is also an investor in Reliance's telecom unit Jio.