The market started the week on a positive note, and Reliance Industries Ltd (RIL) stole the spotlight. The stock gained 2% to ₹1,480.6 apiece on the NSE after a key corporate announcement revealed that Facebook Overseas, a subsidiary of Meta Platforms Inc, has picked up a 30% stake in RIL’s newly formed AI venture.
At around 10:40 am on October 27, Reliance emerged among the top Nifty gainers, contributing to the overall upbeat market tone. The Sensex was trading 559.56 points higher at 84,771.44, while the Nifty climbed 164.75 points to 25,959.90. Market breadth stayed firm with 1,971 stocks advancing, 1,626 declining, and 164 remaining unchanged.
So far in 2025, Reliance Industries’ share price has surged nearly 22%, significantly outperforming the Nifty’s 9.6% rise.
Reliance-Facebook AI Partnership: A Strategic Collaboration
The buzz around Reliance gained momentum after the company, through its exchange filing, confirmed that Facebook Overseas will hold a 30% equity stake in Reliance Enterprise Intelligence Ltd (REIL).
According to the filing, Reliance Intelligence Ltd, incorporated on October 24, 2025, will now be restructured as Reliance Enterprise Intelligence Ltd, making it the official joint venture entity between Reliance Industries and Facebook Overseas.
The ownership structure is as follows:
- Reliance Industries: 70% stake
- Facebook Overseas (Meta Platforms): 30% stake
Both companies have committed a joint investment of ₹855 crore as an initial funding to set up and scale this AI venture.
What the New AI Venture Aims to Build
The newly incorporated REIL will focus on developing, marketing, and distributing enterprise AI solutions designed to serve both Indian and global markets.
The idea was first unveiled by Mukesh Ambani during RIL’s Annual General Meeting (AGM) on August 29, 2025, where he highlighted the company’s commitment to building a robust AI infrastructure and nurturing India’s AI ecosystem.
Ambani described the purpose of Reliance Intelligence around four key missions:
- To build India’s next-generation AI infrastructure.
- To foster global partnerships for innovation.
- To develop scalable and affordable AI solutions for enterprises.
- To nurture AI talent by creating a hub for research and product development.
Gigawatt-Scale AI Infrastructure in Motion
Reliance has already started work on its gigawatt-scale, AI-ready data centers in Jamnagar, which will power both AI training and inference models.
These facilities are being developed in phases, keeping pace with India’s growing AI and digital infrastructure needs. Importantly, they will be powered by Reliance’s new-energy ecosystem, ensuring sustainability and efficiency.
The venture is also expected to bring together global technology partnerships and open-source communities to accelerate AI innovation in India.
Empowering Industries and Innovation
Beyond infrastructure, Reliance Intelligence aims to deliver trusted, easy-to-use AI services for individuals, small businesses, and large enterprises alike.
The company’s vision stretches across key national sectors, including:
- Education – enabling smarter, accessible learning solutions.
- Healthcare – advancing diagnostics and patient care through AI.
- Agriculture – improving yield and efficiency for farmers through data-driven insights.
Mukesh Ambani emphasized that Reliance Intelligence is designed to be a home for world-class researchers, engineers, and innovators, blending the speed of research with the precision of engineering to transform ideas into real-world AI applications.
Market Outlook
The announcement marks one of the most significant collaborations in India’s digital journey, blending Reliance’s expansive infrastructure with Meta’s AI expertise. The move reinforces RIL’s positioning as a front-runner in the country’s technology-driven growth story.
With its strong balance sheet, deep-rooted digital ecosystem, and ambitious AI roadmap, Reliance Industries continues to strengthen its presence not just in traditional energy and telecom, but also in India’s fast-emerging AI revolution.
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