{"id":969593,"date":"2025-10-27T08:45:49","date_gmt":"2025-10-27T03:15:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=969593"},"modified":"2025-10-27T09:10:40","modified_gmt":"2025-10-27T03:40:40","slug":"facebook-to-hold-30-stake-in-reliances-ai-ventures-two-companies-commit-rs-855-crore-investment","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/27\/facebook-to-hold-30-stake-in-reliances-ai-ventures-two-companies-commit-rs-855-crore-investment\/","title":{"rendered":"Facebook to hold 30% stake in Reliance&#8217;s AI Ventures, two companies commit Rs 855 crore investment"},"content":{"rendered":"<p>MUMBAI: Meta Platforms, Inc.&#8217;s Facebook Overseas will hold 30% interest in the AI venture floated by billionaire Mukesh Ambani&#8217;s Reliance Industries. Reliance Intelligence will hold the remaining 70% in Reliance Enterprise Intelligence Ltd. <\/p>\n<p>Reliance Intelligence, a wholly-owned subsidiary of Reliance Industries Ltd (RIL), and Facebook will jointly invest an initial Rs 855 crore in the venture. In a filing to the exchanges, RIL said that Reliance Intelligence Ltd on Friday (October 24) incorporated Reliance Enterprise Intelligence Ltd (REIL).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Meta Platforms, Inc.&#8217;s Facebook Overseas will hold 30% interest in the AI venture floated by billionaire Mukesh Ambani&#8217;s Reliance Industries. Reliance Intelligence will hold the remaining 70% in Reliance Enterprise Intelligence Ltd. Reliance Intelligence, a wholly-owned subsidiary of Reliance Industries Ltd (RIL), and Facebook will jointly invest an initial Rs 855 crore in the venture. In a filing to the exchanges, RIL said that Reliance Intelligence Ltd on Friday (October 24) incorporated Reliance Enterprise Intelligence Ltd (REIL).<\/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":[75,4,17],"tags":[],"class_list":["post-969593","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/969593","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=969593"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/969593\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=969593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=969593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=969593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}