27 Oct 2025 | 5 Mins Read
RIL shares surge with Facebook's AI venture stake acquisition
Flipitmoney
RIL shares rose 2% on Oct 27 as it was disclosed that Meta Platforms' Facebook Overseas will hold a 30% stake in Reliance's AI venture, Reliance Enterprise Intelligence, with Reliance holding 70%. It will be jointly invested with Rs 855 cr, developing & marketing enterprise AI services; Reliance Intelligence was conceived with 4 missions: AI infra, partnerships, AI services, and talent fostering.