Meta Platforms and Reliance Industries Limited (RIL) have announced plans to form a joint venture (JV) aimed at developing and deploying enterprise artificial intelligence solutions powered by Meta’s Llama family of AI models.

The partnership, which targets businesses in India and selected international markets, will begin with a combined investment of approximately Rs 855 crore (around $100 million), highlighting the growing importance of AI-driven transformation across industries.

Under the terms of the agreement, Reliance Industries will hold a 70% stake in the new venture, while Meta will own the remaining 30%. The collaboration combines Meta’s expertise in advanced AI technologies with Reliance’s extensive business network and digital infrastructure, creating a platform designed to accelerate AI adoption among enterprises of all sizes.

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The joint venture will introduce two primary offerings. The first is an enterprise AI Platform-as-a-Service (PaaS), enabling organizations to customize, deploy, manage, and govern generative AI models for a variety of business functions, including sales, information technology, customer support, finance, and operations.

The second offering will consist of pre-configured AI solutions tailored to both cross-functional business needs and industry-specific applications, allowing companies to implement AI capabilities more quickly and efficiently.

In a separate but related development, Reliance will build a 168-megawatt data center that Meta will lease to support the growing computational requirements of AI workloads. The agreement also includes provisions to expand the facility’s capacity in the future as demand increases.

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The partnership leverages Meta’s open-source Llama model ecosystem and Reliance’s access to thousands of enterprises and small and medium-sized businesses across India. The JV’s solutions will be deployable across cloud environments, on-premises infrastructure, and dedicated systems operated by the venture itself, providing flexibility to customers with different security and operational requirements.

Reliance Chairman and Managing Director Mukesh Ambani said the collaboration would help democratize enterprise-grade AI for organizations ranging from startups and SMBs to large corporations.

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Meta CEO Mark Zuckerberg added that the venture would bring Llama models into real-world business applications while strengthening Meta’s presence in the enterprise AI market.

The transaction remains subject to regulatory approvals and is expected to close in the fourth quarter of 2025.