{"id":958641,"date":"2025-08-30T09:18:40","date_gmt":"2025-08-30T03:48:40","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=958641"},"modified":"2025-08-30T09:29:29","modified_gmt":"2025-08-30T03:59:29","slug":"reliance-forms-%e2%82%b9855-crore-jv-with-meta-partners-google-cloud-to-boost-ai-adoption-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/30\/reliance-forms-%e2%82%b9855-crore-jv-with-meta-partners-google-cloud-to-boost-ai-adoption-2\/","title":{"rendered":"Reliance forms \u20b9855 crore JV with Meta, partners Google Cloud to boost AI adoption"},"content":{"rendered":"<p>NEW DELHI: Reliance Industries (RIL) is setting up a wholly-owned subsidiary, Reliance Intelligence, to exponentially boost the artificial intelligence (AI) adoption nationwide. It has partnered with Google Cloud and formed a joint venture (JV) with Facebook-owner Meta Platforms Inc to this extent. <\/p>\n<p>Under the terms of the JV agreement, RIL and Meta have jointly committed to an initial investment of ~\u20b9855 crore (~$100 million) to capitalise in a ratio of 70% and 30%, respectively. The closing of the transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2025<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Reliance Industries (RIL) is setting up a wholly-owned subsidiary, Reliance Intelligence, to exponentially boost the artificial intelligence (AI) adoption nationwide. It has partnered with Google Cloud and formed a joint venture (JV) with Facebook-owner Meta Platforms Inc to this extent. Under the terms of the JV agreement, RIL and Meta have jointly committed to an initial investment of ~\u20b9855 crore (~$100 million) to capitalise in a ratio of 70% and 30%, respectively. The closing of the transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2025<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-958641","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/958641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=958641"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/958641\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=958641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=958641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=958641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}