{"id":21316,"date":"2025-10-27T20:22:57","date_gmt":"2025-10-27T20:22:57","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/27\/ril-shares-jump-2-after-facebook-picks-30-stake-in-its-ai-venture-markets-news\/"},"modified":"2025-10-27T20:22:57","modified_gmt":"2025-10-27T20:22:57","slug":"ril-shares-jump-2-after-facebook-picks-30-stake-in-its-ai-venture-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/27\/ril-shares-jump-2-after-facebook-picks-30-stake-in-its-ai-venture-markets-news\/","title":{"rendered":"RIL Shares Jump 2% After Facebook Picks 30% Stake In Its AI Venture | Markets News"},"content":{"rendered":"


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Last Updated:<\/span>

Shares of RIL rose 2% on October 27 after Meta\u2019s Facebook Overseas acquired a 30% stake in the Mukesh Ambani-led firm\u2019s new AI venture<\/h2>\n
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Reliance Industries company<\/p>\n<\/figure>\n

Shares of Reliance Industries Ltd (RIL) rose 2% on October 27 after it was disclosed that Meta Platforms Inc.\u2019s Facebook Overseas will acquire a 30% stake in the AI venture floated by Mukesh Ambani-led Reliance Industries. Reliance will retain a 70% stake in the new entity, Reliance Enterprise Intelligence Ltd (REIL), according to a stock exchange filing.<\/p>\n

Joint Investment in AI Venture<\/h3>\n

Both Reliance and Facebook will jointly invest an initial Rs 855 crore in the venture, which will develop, market, and distribute enterprise-level AI services. At 10:40 a.m., RIL shares were trading 2% higher at Rs 1,480.6 apiece on the NSE, making it one of the top Nifty gainers of the day. The stock has gained nearly 22% so far in 2025, compared with the Nifty\u2019s 9.6% rise during the same period.<\/p>\n

Details of the Joint Venture<\/h3>\n

According to the filing, Reliance Intelligence Ltd, incorporated on October 24, 2025, will house the joint venture entity REIL. The filing stated: \u201cREIL, incorporated in India as a wholly-owned subsidiary of Reliance Intelligence, will become the joint venture company as per the amended and restated joint venture agreement with Facebook Overseas, Inc., a wholly-owned subsidiary of Meta Platforms, Inc.”<\/p>\n

REIL, which was first announced at RIL\u2019s Annual General Meeting (AGM) on August 29, will focus on offering affordable, scalable, and secure AI services for enterprises across India.<\/p>\n

A \u201cMajor Step” in India\u2019s AI Push<\/h3>\n

Brokerage firm Investec described the JV as a \u201cmajor step in India\u2019s AI-driven digital growth”, calling it a strategic collaboration that combines Reliance\u2019s digital infrastructure and network strength with Meta\u2019s AI expertise to deliver next-generation solutions.<\/p>\n

Building India\u2019s AI Infrastructure<\/h3>\n

At the AGM, RIL Chairman Mukesh Ambani said Reliance Intelligence has been envisioned with four core missions \u2014 to build India\u2019s next-generation AI infrastructure, attract global partnerships, create AI services for India, and nurture AI talent.<\/p>\n

He also revealed that work has already begun on gigawatt-scale, AI-ready data centres in Jamnagar, which will be delivered in phases and powered by Reliance\u2019s new-energy ecosystem. These centres will be \u201ccustom-made for AI training and inference,” Ambani said.<\/p>\n

Global Collaboration and AI for All<\/h3>\n

Ambani added that Reliance Intelligence will cater to global collaborations, bringing together technology leaders and open-source communities. The AI services will target consumers, small businesses, and enterprises, as well as sectors of national importance such as education, healthcare, and agriculture. \u201cReliance Intelligence will create a home for world-class researchers, engineers, designers, and product builders, combining the speed of research with the rigour of engineering,” Ambani said. \u201cOur aim is to turn ideas into innovations and applications that deliver solutions for India and the world.”<\/p>\n

Disclaimer:<\/span>Network18 and TV18 \u2013 the companies that operate news18.com \u2013 are controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.<\/p>\n

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\"Aparna<\/figure>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Follow News18 on Google<\/a>. Join the fun, play QIK games on News18<\/a>. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
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October 27, 2025, 15:07 IST<\/p>\n<\/div>\n<\/div>\n

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Last Updated:October 27, 2025, 15:08 IST Shares of RIL rose 2% on October 27 after Meta\u2019s Facebook Overseas acquired a 30% stake in the Mukesh Ambani-led firm\u2019s new AI venture Reliance Industries company Shares of Reliance Industries Ltd (RIL) rose 2% on October 27 after it was disclosed that Meta Platforms Inc.\u2019s Facebook Overseas will…<\/p>\n","protected":false},"author":1,"featured_media":19220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-21316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/21316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=21316"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/21316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/19220"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=21316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=21316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=21316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}