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Infinite Reality Acquires Touchcast in $500M Deal to Advance AI-Powered Digital Media

The acquisition integrates Touchcast’s agentic AI technology, enhancing Infinite Reality’s portfolio and positioning the company for growth across consumer and enterprise markets.

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Overview

  • Infinite Reality has finalized the acquisition of Touchcast for $500 million in cash and stock, valuing the company at $15.5 billion.
  • Touchcast’s Mentorverse platform, powered by agentic AI, creates immersive, human-like video interactions with specialized AI mentors.
  • The acquisition will enhance Infinite Reality’s services, including Napster, by enabling features like AI-driven music playlisting and interactive social listening spaces.
  • Built on OpenAI and delivered via Microsoft Azure, Touchcast’s technology improves AI response times and scalability, supported by a $50 million strategic partnership.
  • Touchcast brings enterprise-grade credentials, holding 27 patents and SOC2 compliance, further solidifying Infinite Reality’s competitive edge in digital innovation.