Reliance and Meta Launch AI Venture in India

Reliance Industries and Meta (Facebook's parent company) are partnering to create AI tools for businesses in India.

They've formed a new company called REIL, investing a large sum of money.

Reliance will own most of the company, and Meta will own a smaller part.

REIL will build AI services for companies using Meta's AI models.

The goal is to provide AI solutions for businesses, with a focus on Indian companies.

The partnership aims to make AI solutions accessible, prioritizing security.