Infinite Reality to acquire AI firm Touchcast for $500 million

April 17, 2025, 2:20 am

Infinite Reality, a company focused on extended reality and immersive technologies, has entered a definitive agreement to purchase Touchcast, an AI firm known for its pioneering agentic technologies. This strategic move, valued at $500 million in a mix of cash and stock, marks Infinite Reality’s largest acquisition ever. It aims to boost the company's digital media and e-commerce capabilities, reinforcing its commitment to integrating advanced AI and immersive experiences across its product portfolio.

techinasia.com / US tech firm Infinite Reality to buy AI firm Touchcast for $500m

The deal is Infinite Reality’s largest this year, following earlier acquisitions of the Drone Racing League and Landvault.

pulse2.com / Infinite Reality To Buy Touchcast For $500 Million

Infinite Reality (iR), a company powering the next generation of digital media and e-commerce through extended reality (XR), AI, and other immersive technologies, announced the company has entered into a definitive agreement to buy Touchcast, a pioneering agentic AI company for $500 million in a...

permalink / 2 stories from 2 sources in 46 hours ago #ai #innovation #digital-transformation #ml

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Infinite Reality to acquire AI firm Touchcast for $500 million

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