India, Aug. 29 -- Reliance Industries Ltd (RIL) chairman and MD Mukesh Ambani today announced a new joint venture with Meta to develop and deliver open source AI models for Indian enterprises.

Speaking at the 48th annual general meeting of RIL, Ambani said that the collaboration will focus on building "sovereign enterprise AI solutions" using open models and tools from Meta.

Meta CEO Mark Zuckerberg, who joined virtually, said, "At Meta, we want to deliver super intelligence to everyone. With Reliance's reach and scale, we can bring this to every corner of India, from small startups in remote towns to large enterprises in the biggest cities."

The companies said the partnership will make Meta's open source Llama models available to Indi...