Business Wire
BusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessApple says it has evidence a former employee destroyed material after learning of an investigationThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessApple says it has evidence a former employee destroyed material after learning of an investigationThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessApple says it has evidence a former employee destroyed material after learning of an investigationThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessApple says it has evidence a former employee destroyed material after learning of an investigationThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex Times
Back to front
Meta and Reliance plan AI-enabled data center tie-up in India
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 9, 11:07 PM EDT

Meta and Reliance plan AI-enabled data center tie-up in India

Meta says it has partnered with Mukesh Ambani’s Reliance Industries to develop an AI-ready data center in India, a move that places additional compute capacity under a local infrastructure and energy pipeline while Meta scales its artificial intelligence operations.

Meta Platforms, the parent of Facebook, said it has tied up with Indian billionaire Mukesh Ambani’s Reliance Industries to build an AI-enabled data center in India. The announcement adds another major international technology company to a growing list of firms seeking access to data-center capacity and power inside one of the world’s fastest-growing cloud and AI markets.

The terms described in the report say Reliance will build the facility, with the data center planned at 168 megawatts of capacity. While that figure indicates a sizable build for AI workloads, Meta did not provide additional public details in the announcement reported, such as the exact location of the site, a timeline for construction and commissioning, or the commercial structure of the arrangement.

Neither company, in the information circulated in the report, outlined what portions of Meta’s AI stack the arrangement will support, beyond the broad goal of enabling AI workloads. Meta also did not disclose whether the data center will be used exclusively for Meta’s own training and inference needs or whether it would also support other tenants or customers through a broader infrastructure offering.

The Reliance tie-up arrives amid Reliance’s earlier push to position itself as an AI infrastructure partner. In August 2025, reporting tied Reliance’s announced AI partnerships, including with Meta, to a plan to create an AI-focused unit and to expand “AI backbone” capabilities such as compute and data-center readiness. That context suggests the current data-center plan is part of a larger infrastructure strategy rather than a stand-alone facility.

For Meta, the practical appeal of local capacity is straightforward: AI systems require large amounts of compute and power, and cloud-scale providers are increasingly looking for regional supply chains to meet demand. Building or contracting for data-center capacity in-market can also reduce latency for services that rely on real-time processing, even though the report does not specify where the facility’s compute will be used within Meta’s global architecture.

Reliance, meanwhile, has been seeking to leverage its assets and industrial scale to move deeper into high-growth technology infrastructure. The company’s earlier announcements, as reported by multiple business outlets, portrayed its AI ambitions as linked to new organizational structures and a broader portfolio that could include enterprise AI products and infrastructure services.

Still, important specifics remain missing from what was reported. The companies did not publicly state expected capital spending, ownership and operating structure, whether Meta is purchasing capacity through long-term leases or other contracts, or how the facility would be supplied with power. The report also did not provide any quantitative forecasts for revenue impact or cost savings for either side.

Going forward, the next items to watch are formal filings or investor communications that typically accompany large infrastructure arrangements, including commitments on timelines, total capacity ramp-up, and the commercial model. For the broader sector, the deal is another announcement that India’s data-center build-out is tightening around AI workloads, with energy, permitting, and supply-chain execution likely to be the gating factors for how quickly capacity becomes available.

Why It Matters

  • Large AI workloads increasingly depend on data-center capacity and power, making infrastructure deals a key factor in AI scaling.
  • A local India build can help meet regional demand for compute-intensive AI services, though the report does not specify how Meta will allocate usage.
  • The deal reinforces Reliance’s push to become a compute and infrastructure platform, not just a telecommunications and energy-linked conglomerate.
  • For the sector, each new AI-centered facility increases pressure on delivery timelines, power availability, and permitting in fast-growing markets.

Sources

Key Facts

  • Meta said it has tied up with Reliance Industries to develop an AI-enabled data center in India.
  • The reported plan calls for Reliance to build a data center with 168 megawatts of capacity.
  • The report did not include further details such as site location, construction timeline, or the contract structure.
  • The tie-up aligns with earlier reporting that Reliance has been organizing around AI infrastructure and “AI backbone” initiatives.

Technology Related

Meta and Reliance plan AI-enabled data center tie-up in India | The Apex Times