Reliance Industries has made waves with the announcement of two major alliances, with Meta and Google, to accelerate India’s AI-powered future. These partnerships mark a bold new chapter for India’s technology sector, promising to democratize access to advanced artificial intelligence across businesses of all sizes. Reliance and Meta: Bringing Enterprise AI to Every Business Joint Venture & Investment: Reliance and Meta are forming an AI-focused joint venture (“Reliance Intelligence”) with an initial investment of ₹855 crore (about $100 million), Reliance holding 70% and Meta 30%. Open Source Power: The JV will leverage Meta’s open-source Llama models, making it possible for Indian organizations, from startups to large corporates, to easily deploy plug-and-play AI tools for sales, IT, customer support, and more. Democratized AI: Mukesh Ambani, Chairman of Reliance, says the goal is to “democratize enterprise-grade AI for every Indian organisation,” with Meta CEO Mark Z...
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