Reliance Industries shares in focus after new AI unit launch

Shares of Reliance Industries Ltd (RIL) are likely to be in focus on Thursday after the oil-to-telecom conglomerate announced the incorporation of Reliance Intelligence, a wholly owned subsidiary aimed at driving its artificial intelligence ambitions in India.

Reliance Industries informed the exchanges on Wednesday, September 10, that it had set up Reliance Intelligence as a wholly owned unit. The company received its certificate of incorporation from the Ministry of Corporate Affairs by email on September 9. The announcement came after market hours, with RIL shares closing in the green at Rs 1,377.50 apiece.

The launch follows the company’s August annual general meeting, where Chairman Mukesh Ambani unveiled Reliance Intelligence as part of his plan to transform RIL into a “deep-tech enterprise” alongside its telecom, retail, and energy businesses.

Four-pronged AI strategy

Reliance Intelligence will pursue four core missions: building gigawatt-scale AI-ready data centres in Jamnagar, forging alliances with leading global technology firms and open-source communities, rolling out AI services across education, healthcare, agriculture, and small businesses, and attracting world-class AI talent to India.

To execute its vision, Reliance is partnering with global tech leaders. Ambani announced a “deeper, holistic partnership” with Google, led by Sundar Pichai.

The company has also forged a joint venture with Meta to deliver sovereign, enterprise-ready AI platforms for Indian businesses and government entities. The partnership will combine Meta’s open-source Llama models with Reliance’s scale across energy, telecom, retail, and manufacturing.

Stock performance

RIL shares are down nearly 6% in 2025 so far. Over the past year, however, the stock has gained a little over 12%.

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