Boca Raton, Florida — April 16, 2025 — Infinite Actuality (iR), an organization targeted on digital media and ecommerce by means of prolonged actuality (XR ), synthetic intelligence (AI), and different immersive applied sciences, introduced at the moment the corporate has entered right into a definitive settlement to amass Touchcast, an agentic AI firm for $500 million in a mix of money and inventory.
The acquisition is Infinite Actuality’s largest but, and the transaction settlement values the corporate at $15.5 billion.
Touchcast’s highly effective agentic AI platform, often known as Mentorverse, generates an infinite universe of specialised AI mentors who have interaction in pure, face-to-face video conversations and, in contrast to conventional chatbots or static net experiences, mix constant personalities with deep area experience to ship genuinely useful steerage by means of pure, multimodal interactions.
The mixing of Touchcast’s know-how throughout Infinite Actuality’s portfolio of services will allow iR clients to faucet AI brokers for plenty of duties that drive person engagement, buyer assist, and gross sales. For instance, inside Napster (not too long ago acquired by iR), Touchcast tech will allow subscribers to simply generate immersive social listening areas and leverage educated AI brokers for music playlisting, group administration, and music trivia, amongst different partaking options.
For iR Enterprise andiR Studio clients, the Touchcast toolkit empowers Fortune 500 manufacturers, SMEs, and creators with educated, skilled, and on-brand AI brokers designed to energy world and scalable gross sales and customer support capabilities.
Touchcast, constructed on OpenAI and delivered on Microsoft Azure by way of a $50 million strategic partnership, gives a collection of groundbreaking AI supply programs that dramatically enhance response instances for AI interplay. For companies, this implies the flexibility to ship seamless, human-like experiences whereas boosting effectivity and decreasing prices—an important edge in at the moment’s aggressive digital panorama. Touchcast’s platform is popping what as soon as required whole groups and years of labor into one-click options with a number of merchandise starting from AI mentors to reworking web sites into interactive AI experiences, and extra. Touchcast’s enterprise-grade know-how is SOC2 compliant with world scalability. The corporate holds 27 patents associated to AI and interactive video know-how, together with programs for coordinated shows, video conferencing enhancements, and clever digital assistant programs.
Touchcast’s AI mentors work together like people, not chatbots, work collectively as a group of specialised brokers to construct on one another’s experience and resolve advanced challenges, and ship speedy ROI by elevating the web expertise. Led by seasoned entrepreneurs and trusted by prime world enterprises throughout automotive, house enchancment, administration consulting, and schooling classes, Touchcast is remodeling how companies undertake AI by making these superior capabilities accessible to anybody, no matter technical experience.
”Agentic AI is a giant a part of how customers and companies will work together with the net sooner or later,” mentioned John Acunto, CEO and Founding father of Infinite Actuality. “The Touchcast know-how has speedy purposes throughout our whole enterprise portfolio and can little question present our clients with instantaneous advantages – whether or not these clients are Napster subscribers and artists, world Fortune 500 manufacturers, or small companies. What Edo Segal and his group have developed at Touchcast will little question speed up Infinite Actuality’s mission to guide a transition to a extra immersive, personalised and conversational net.”
Edo Segal, CEO and Founding father of Touchcast, is a serial entrepreneur and AI pioneer who has spent over 20 years constructing firms on the intersection of synthetic intelligence and human communication. Segal is main breakthrough improvements in how individuals entry and share experience by means of AI, essentially reimagining human-AI collaboration.
Previous to Touchcast, he based and efficiently bought a number of firms together with Relegence (acquired by AOL), Brainboost (acquired by Solutions.com), and Screencaster (acquired by Livestream), constantly positioning himself on the forefront of technological transformation.
“Becoming a member of forces with Infinite Actuality represents the perfect subsequent chapter for Touchcast,” mentioned Edo Segal, CEO and Founding father of Touchcast. “From day one, our mission has been to humanize AI— transferring past chatbots to create clever, emotionally resonant experiences that really feel intuitive and alive. iR not solely shares that perception and has the platform to deliver our know-how to scale throughout industries and audiences, however collectively we will empower a brand new era of creators and companies to ship experience, storytelling, and repair in ways in which have been unimaginable till now.”
“The acquisition of Touchcast marks our largest transaction to date, and represents an ideal continuation of our strategic development trajectory, constructing on the momentum from the long-lasting Napster acquisition and up to date $3 billion funding spherical,” mentioned Amish Shah, Co-Founder and Chief Enterprise Officer, Infinite Actuality. “The addition of Touchcast’s agentic AI know-how serves as a strong constructing block for our platform as we glance to supply our clients with the instruments they want to reach the trendy AI-powered period.”
