RIL advertiser Mukesh Ambani-drove Jio Platforms has gotten a 25% stake in US-based profound tech business TWO for $15 million.
Established by Indian-beginning PC researcher Pranav Mistry in July last year, TWO Platforms is a counterfeit reality organization that spotlights on building intuitive and immersional AI encounters.
Its foundation empowers continuous AI voice and video calls, computerized people, vivid spaces and life-like gaming.
“We are intrigued with the solid experience and capacities of the establishing group at Two in the space of AI/ML, AR, metaverse and Web 3.0. We anticipate cooperating with Two to assist with facilitating advancement of new items in the space of intelligent AI, vivid gaming and metaverse,” Jio Platforms Director Akash Ambani said in an assertion.
TWO Platforms means to carry its intuitive AI innovations first to customer applications, trailed by diversion and gaming, as well as big business arrangements including retail, administrations, schooling, wellbeing and health.
Jio Platforms, set up as an innovation arm of Mumbai-based Reliance Industries Ltd in 2019, is the holding organization of the telecom organization Reliance Jio and the combination’s computerized organizations.
Jio Platforms said that the two organizations have held hands to facilitate the reception of new advances and construct technical advances like AI, metaverse and blended realities.