Jio Platforms Invests $15 Million In Silicon Valley Start-Up TWO
NDTV
Reliance Industries Ltd's technology arm Jio Platforms on Friday announced an investment of $15 million in Two Platforms -- "TWO".
New Delhi: Reliance Industries Ltd's technology arm Jio Platforms on Friday announced an investment of $15 million in Two Platforms -- "TWO". Jio will acquire a 25 per cent equity stake on a fully diluted basis in the start-up. TWO is a Silicon Valley-based tech start-up founded by Pranav Mistry.
TWO -- an Artificial Reality (AR) company -- said it believes the next chapter of Artificial Intelligence (AI) is visual and interactive.
The AR platform enables real-time AI voice and video calls, digital humans, immersive spaces and lifelike gaming, it added.
TWO also stated that it plans to bring its interactive AI technologies to consumer applications, followed by entertainment, gaming, and enterprise solutions, including retail, services, education, health and wellness.
