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Reliance, Meta set up AI joint venture ‘REIL’ with $100Mn investment

Mukesh Ambani’s Reliance has set up a new artificial intelligence (AI) company in partnership with Facebook-parent Meta. Called Reliance Enterprise Intelligence Limited (REIL), the new entity has been…

Reliance and Meta announce $100Mn joint venture to build India-focused open-source AI solutions

Reliance Industries Limited (RIL) and Meta (the social media giant) have announced a major joint venture aimed at building open-source artificial intelligence (AI) solutions for businesses across India.…