Reliance Industries - JV with Meta will offer enterprise AI platform-as-a-service, a suite of pre-configured AI solutions

Reliance Industries - JV with Meta will offer enterprise AI platform-as-a-service, a suite of pre-configured AI solutions

Reliance Industries Limited (RIL) and Meta have announced a strategic joint venture (JV) aimed at developing enterprise AI solutions built on Meta's Llama models. The collaboration, which is subject to customary regulatory approvals and expected to close later this year, will create a platform-as-a-service (PaaS) offering tailored for Indian businesses [1].

The JV will leverage Meta's open-source Llama models to create AI solutions for various business needs, including sales, marketing, IT, customer service, and finance. The partnership will introduce a secure full-stack environment for organizations to customize and deploy generative AI applications [1].

The collaboration will also benefit from Reliance's strong digital foundation, including Jio's extensive connectivity network and advanced AI data centers. This will enable the JV to scale high-performance models at a fraction of the cost, ensuring secure, low-latency AI deployments. The solutions can be deployed over the cloud, on-premise, or across Reliance's own infrastructure, allowing for efficient management of infrastructure costs [1].

Meta's ongoing improvements to its models will facilitate a smooth shift from research to real-world application, bringing top-tier AI technology to Indian businesses. The JV will focus on fostering innovation and growth across various industries, particularly India's flourishing small businesses. Lower entry costs for advanced AI tools will enable small and medium-sized businesses (SMBs) and startups to more readily adopt AI-driven solutions, leveling the competitive landscape and enabling faster innovation [1].

This strategic partnership is part of Reliance's broader ambition to make the conglomerate a "deep-tech enterprise" alongside its telecom, retail, and energy businesses. Reliance has already unveiled Reliance Intelligence, a new wholly-owned unit dedicated to driving artificial intelligence in India. The company aims to build gigawatt-scale, AI-ready data centers, forge alliances with leading technology firms and open-source communities, and attract world-class AI talent to India [2].

The JV with Meta is the latest step in Reliance's push beyond its traditional oil-to-chemicals roots into digital services and clean energy. Over the past six years, Reliance has built Jio into India's largest telecom operator, turned Reliance Retail into a top global retailer by market cap, and committed billions to green energy giga-factories. With Reliance Intelligence, the company is betting that AI will be the next transformative growth engine, not only powering Reliance's businesses but also shaping India's economic trajectory [2].

References:

[1] https://www.marketscreener.com/news/accelerating-indiaa-s-ai-adoption-a-strategic-partnership-with-reliance-industries-to-build-llama-ce7c50dcd08dff24
[2] https://www.moneycontrol.com/news/business/reliance-industries-launches-ai-unit-with-google-meta-as-strategic-partners-13500582.html