Infinite Reality to acquire Touchcast for $500m.

Infinite Reality, an innovation company driving next-gen media & e-commerce through AI, XR & spatial computing, agreed to acquire Touchcast, an agentic AI company, for $500m. ​”Agentic AI is a big part of how consumers and businesses will interact with the web in the future. The Touchcast technology has immediate applications across our entire business portfolio and will no doubt provide our customers with instant benefits - whether those customers are Napster subscribers and artists, global Fortune 500 brands, or small businesses. What Edo Segal and his team have developed at Touchcast will no doubt accelerate Infinite Reality’s mission to lead a transition to a more immersive, personalized and conversational web,” John Acunto, Infinite Reality CEO and Founder.