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Meta Platforms partners up on AI venture
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Meta Platforms partners up on AI venture
Reliance Industries and Meta Platforms are both investing in a joint venture to develop an AI platform to support enterprises in India and select international markets. This venture will be powered by Meta’s open-source Llama models. The pair have jointly committed an initial investment of INR8.6 billion ($96.9 million) to capitalise the venture, with Reliance contributing 70 per cent and Meta Platforms the remainder. In a joint statement, the c…
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