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Reliance purchases a 23.3% interest in the US-based AI company Exyn

Reliance has financed AI and robotics firm Exyn, based in Philadelphia, the Indian giant revealed in a stock exchange filing on Thursday, furthering its global startup investments. Reliance Industries’ wholly owned subsidiary Reliance Strategic Business Ventures paid $25 million for a 23.3% share in Exyn, according to the Indian company. The investment from the Indian … ....

United States , Reliance Strategic Business Ventures , Autonomy Level ,

Reliance buys 23.3% stake in US-based AI firm Exyn

Indian conglomerate Reliance has backed Philadelphia-based AI and robotics startup Exyn with $25 million investment. ....

United States , Reliance Industries , Strategic Business Ventures , Autonomy Level ,