{"id":969600,"date":"2025-10-27T08:56:10","date_gmt":"2025-10-27T03:26:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=969600"},"modified":"2025-10-27T09:29:10","modified_gmt":"2025-10-27T03:59:10","slug":"mukesh-ambani-and-meta-join-hands-for-ai-services-venture-initial-investment-rs-855-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/27\/mukesh-ambani-and-meta-join-hands-for-ai-services-venture-initial-investment-rs-855-crore\/","title":{"rendered":"Mukesh Ambani and Meta join hands for AI services venture, initial investment Rs 855 crore"},"content":{"rendered":"<p>Meta Platforms, Inc&#8217;s Facebook Overseas will hold 30 per cent interest in the AI venture floated by billionaire Mukesh Ambani&#8217;s Reliance Industries, according to a regulatory filing.<\/p>\n<p>Reliance will hold 70 per cent in Reliance Enterprise Intelligence Ltd, the company said in the filing.<\/p>\n<p>Reliance Intelligence, a wholly-owned subsidiary of Reliance Industries Ltd, and Facebook will jointly invest an initial Rs 855 crore in the venture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta Platforms, Inc&#8217;s Facebook Overseas will hold 30 per cent interest in the AI venture floated by billionaire Mukesh Ambani&#8217;s Reliance Industries, according to a regulatory filing. Reliance will hold 70 per cent in Reliance Enterprise Intelligence Ltd, the company said in the filing. Reliance Intelligence, a wholly-owned subsidiary of Reliance Industries Ltd, and Facebook will jointly invest an initial Rs 855 crore in the venture.<\/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":[83,4,22],"tags":[],"class_list":["post-969600","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/969600","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=969600"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/969600\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=969600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=969600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=969600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}