Announced
Financials
Sources
Tags
Acquisition
artificial reality
Friendly
Software
Minority
Pending
Private
Cross Border
United States
Single Bidder
Synopsis
Jio Platforms, a subsidiary of of Reliance Industries, agreed to invest $15m in Two Platforms, an artificial reality company focusing on building interactive and immersional AI experiences. “We are impressed with the strong experience and capabilities of the founding team at TWO in the areas of AI/ ML, AR, metaverse and Web 3.0. We look forward to working together with TWO to help expedite development of new products in the areas of interactive AI, immersive gaming and metaverse,” Akash Ambani, JPL Director.
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