Current Affairs - Technology - Discussion
Discussion Forum : Technology - Latest Current Affairs (Q.No. 36)
36.
Which Indian conglomerate has partnered with Meta to launch a ₹855 crore joint venture for developing enterprise AI products under the new entity REIL?
Answer: Option
Explanation:
Reliance Industries has partnered with Meta Platforms to establish a ₹855 crore joint venture named Reliance Enterprise Intelligence Limited (REIL), focused on developing enterprise-grade AI solutions. The collaboration aims to build AI-driven tools such as automation systems, predictive analytics platforms, and generative AI models optimised for Indian markets. This initiative aligns with India’s Digital India and Atmanirbhar Bharat missions, promoting indigenous AI innovation. It also reflects Reliance’s broader strategy to strengthen its digital ecosystem and expand into global enterprise technology, reinforcing its longstanding partnership with Meta in advancing India’s tech infrastructure.
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