Infinite Reality to acquire Touchcast for $500m

GlobalData

Thu, Apr 17, 2025, 4:57 AM 2 min read

Infinite Reality (iR), an AI and immersive exertion company, has agreed to get Touchcast, a institution specialising successful agentic AI, successful a currency and banal woody valued astatine $500m.

The woody values Infinite Reality astatine $15.5bn and marks its largest acquisition to date.

Touchcast’s AI platform, Mentorverse, creates specialised AI mentors susceptible of engaging successful natural, face-to-face video conversations.

These mentors harvester “consistent personalities with heavy domain expertise”, offering multimodal interactions that disagree from accepted chatbots.

The exertion is planned to beryllium integrated crossed Infinite Reality’s suite of products and services, including Napster, iR Studio, and iR Enterprise.

Within Napster, Touchcast’s level volition let users to make “immersive societal listening” environments and usage AI for playlist creation, assemblage engagement, and music-related interactions.

In iR Enterprise and iR Studio, the integration volition supply enterprises and creators with AI agents tailored to heighten planetary lawsuit work and income functions.

Infinite Reality CEO and laminitis John Acunto said: “The Touchcast exertion has contiguous applications crossed our full concern portfolio and volition nary uncertainty supply our customers with instant benefits - whether those customers are Napster subscribers and artists, planetary Fortune 500 brands, oregon tiny businesses.

“What Edo Segal and his squad person developed astatine Touchcast volition nary uncertainty accelerate Infinite Reality’s ngo to pb a modulation to a much immersive, personalised and conversational web.”

Touchcast operates connected infrastructure built with OpenAI and hosted connected Microsoft Azure done a $50m strategical partnership.

The institution holds 27 patents successful AI and video technology, covering areas specified arsenic coordinated presentations, video conferencing enhancements, and intelligent virtual adjunct systems.

Touchcast’s solutions are utilized by large enterprises successful sectors including automotive, location improvement, consulting, and education.

Touchcast CEO and laminitis Edo Segal said: “Joining forces with Infinite Reality represents the perfect adjacent section for Touchcast.

“From time one, our ngo has been to humanize AI— moving beyond chatbots to make intelligent, emotionally resonant experiences that consciousness intuitive and alive.

“iR not lone shares that content and has the level to bring our exertion to standard crossed industries and audiences, but unneurotic we tin empower a caller procreation of creators and businesses to present expertise, storytelling, and work successful ways that were unimaginable until now.”