Too is an artificial reality company focused on building interactive and immersive AI experiences
Jio Platforms Ltd. has announced an investment of US$15 million in Two Platforms Inc., a Silicon Valley based deep tech startup founded by Pranav Mistry, for a 25% equity stake on a fully diluted basis.
Too is an artificial reality company focused on building interactive and immersive AI experiences. After text and voice, it assumes that the next chapter of AI is visual and interactive.
Its artificial reality platform enables real-time AI voice and video calls, digital human, immersive space and lifelike gaming. The two plan to bring their interactive AI technologies to consumer applications first, followed by enterprise solutions including entertainment and gaming as well as retail. services, education, health and welfare.
Jio’s founding team has many years of leadership experience in research, design and operations with leading global technology companies, Jio said in a statement. “The two will work closely with Jio to drive adoption of new technologies and build disruptive technologies such as AI, metaverse and mixed realities,” it said.
“We are impressed by the strong experience and capabilities of the founding team in the two areas of AI/ML, AR, Metaverse and Web 3.0,” said Akash Ambani, Director, Jio. “We look forward to working closely with the two to help accelerate the development of new products in the areas of interactive AI, immersive gaming and the metaverse,” he said.
Pranav Mistry, CEO, Do, said, “Jio is the foundation of India’s digital transformation.” He said that To will partner with Jio to push the boundaries of AI and introduce artificial reality applications to consumers and businesses at scale.
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