India, Aug. 29 -- Mumbai: Reliance Industries Limited (RIL) today announced a joint venture (JV) that will build and scale enterprise artificialintelligence (AI) solutions for enterprises in India and select international markets.
Under the JV agreement, RIL and Meta have jointly committed to an initial investment of Rs 855 crore (US$ 100 million) to capitalize the JV in ratio of 70 per cent and 30 per cent respectively.
Powered by Meta's advanced opensource Llama models, the JV will offer:
Enterprise AI PlatformasaService: A secure, fullstack environment for organisations to customise, deploy and govern generativeAI models for specific use cases across sales and marketing, information technology development and operations, customer serv...