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Metaverse platform Infinite Reality expands AI capabilities with $500M Touchcast acquisition

  • Infinite Reality Inc. has acquired agentic artificial intelligence firm Touchcast Inc. for $500 million in cash and stock.
  • This acquisition follows Infinite Reality's previous acquisitions of Napster, Zappar Ltd., and Landvault, bringing its valuation to $15.5 billion.
  • Infinite Reality is a metaverse company that provides virtual reality and augmented reality technologies to create immersive digital worlds for brands and creators.
  • The integration of Touchcast's AI capabilities will enhance Infinite Reality's product offerings, enabling lifelike video avatars, personalized experiences, immersive environments, and improved interactivity.

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