Metaverse company Infinite Reality has been valued at $15.5 billion after purchasing AI firm Touchcast, the company announced Wednesday (April 16).
In purchasing Touchcast, Infinite Reality gets access to products that include artificial intelligence (AI) agent offerings. “Agentic AI is a big part of how consumers and businesses will interact with the web in the future,” Infinite Reality CEO and founder John Acunto said in the announcement.
The $500 million deal comes…
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