Jio Platforms invests USD15M in Two Platforms to develop augmented reality
(MENAFN) Jio Platforms, Reliance Industries' virtual arm, has spent USD15 million in Two Platforms, a newly-established Silicon Valley-based deep tech, for a 25 percent completely convertible shares on a regular basis. The initiative arises as the corporation ramps up its digitization efforts across its overall framework.
According to Friday’s statement issued by Reliance, Two is an augmented reality business dedicated on creating collaborative and engaging artificial intelligence interactions.
Pranav Mistry debuted the corporation in July. Samsung Electronics, Microsoft, Google, Unesco, and Nasa were among his prior employers.
After text and voice, Two believes that visual engagement AI id going to be the next step. According to Jio, the augmented reality framework of Two allows for real-time AI voice and video chats, digitized humans, immersive environments, and realistic gaming.
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