Reliance and Meta to form a joint venture in a $100m deal.

Reliance, an Indian multinational conglomerate, and Meta, an American multinational technology company, agreed to form a joint venture focused on developing enterprise AI solutions for Indian enterprises, in a $100m deal. “We’re excited to deepen our partnership with Reliance to bring the power of open‑source AI to Indian developers and enterprises. Through this joint venture, we’re putting Meta’s Llama models into real-world use, and I’m looking forward to Meta expanding its footprint in the enterprise space as we unlock new possibilities together,” Mark Zuckerberg, Meta CEO.