Jio buys 25% in deep tech co Two Platforms

Jio Platforms on Friday introduced an funding of $15 million in Two Platforms Inc, a Silicon Valley-based deep tech startup based by Pranav Mistry, for a 25 per cent fairness stake on a totally diluted foundation.
Two Platforms is a man-made actuality firm with give attention to constructing interactive and immersional AI experiences.
“After text and voice, Two believes the next chapter of AI is visual and interactive … Two plans to bring its interactive AI technologies first to consumer applications followed by entertainment and gaming, as well as enterprise solutions including retail, services, education, health and wellness,” RIL mentioned.
Akash Ambani, director of Jio, mentioned, “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.”