Jio Platforms announced an investment of $15 million in Two Platforms Inc (TWO), a Silicon Valley based tech startup, for 25 percent equity stake.
TWO is an Artificial Reality company with focus on building interactive and immersional AI experiences. TWO’s Artificial Reality platform enables real-time AI voice and video calls, digital humans, immersive spaces and lifelike gaming.
TWO plans to bring its interactive AI technologies to consumer applications, entertainment and gaming, as well as enterprise solutions including retail, services, education, health and wellness.
TWO will work with Jio to fast-track the adoption of new technologies and build disruptive technologies such as AI, metaverse, and mixed realities.
Akash Ambani, Director of Jio, said: “We are impressed with the strong experience and capabilities of the founding team at TWO in the areas of AI/ ML, AR, metaverse and Web 3.0.”
