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

20:16 22.12.2022
Reliance has backed Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing on Thursday, making further inroads in startups globally. Reliance Strategic Business Ventures, a wholly owned subsidiary of Reliance Industries, has acquired a 23.3% stake in Exyn for $25 million, the Indian firm said. The Indian firm’s investment […] Reliance buys 23.3% stake in US-based AI firm Exyn by Manish Singh originally published on TechCrunch...
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