Jio Platforms picks up 25% stake in US-based tech startup TWO Platforms

Jio Platforms has picked up a 25% stake in US-based deep-tech startup company TWO Platforms for $15 million. Two Platforms is an artificial reality company that focuses on building interactive and immersive AI experiences. The two companies have joined hands to fast track the adoption of new technologies and build disruptive technologies such as AI, metaverse and mixed realities.

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About the TWO’s platform:

TWO’s platform enables real-time AI voice and video calls, digital humans, immersive spaces and lifelike gaming. It 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. The platform was founded by Indian-origin computer scientist Pranav Mistry.

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