Infinite Reality to acquire Touchcast for $500m

Touchcast holds 27 patents in AI and video technology. Credit: dee karen/Shutterstock. Infinite Reality (iR), an AI and immersive technology company, has agreed to acquire Touchcast, a company specialising in agentic AI, in a cash and stock deal valued at $500m.

The deal values Infinite Reality at $15.5bn and marks its largest acquisition to date. Touchcast's AI platform, Mentorverse, creates specialised AI mentors capable of engaging in natural, face-to-face video conversations.



These mentors combine "consistent personalities with deep domain expertise", offering multimodal interactions that differ from traditional chatbots. The technology is planned to be integrated across Infinite Reality's suite of products and services, including Napster, iR Studio, and iR Enterprise. Within Napster, Touchcast's platform will allow users to create "immersive social listening" environments and use AI for.

.. archanarani.