Mumbai: Mukesh Ambani-Controlled Reliance Industries (RIL) has invested $ 15 million in technology startup in Silicon Valley-based, two platforms for 25% of the shares, increasing access to niche technology that can solve complex problems.
Two platforms, founded by former Samsung technology and the CEO of Pranav Mistry’s further research, is an artificial reality company.
After text and sound, two platforms believe the next chapter of artificial intelligence (AI) is visual and interactive.
This plans to bring the AI Interactive technology first to consumer applications followed by entertainment and games, as well as company solutions including retail, service, education, health and fitness.
RIL, which has directed its investment in two platforms through the JIO platform, said: Two platforms will work with Jio to track new technology adopts such as AI, metavencies and reality.
Some technology startups in have attracted investment or acquired by large companies to get access to technology to disturb them.
For example, KPIT technology bought control of controlling in PathPartner technology, a product engineering service company.
Kfin Technologies acquired shares in the Insurtech Insurtech Startup Artivic.
Likewise, Accenture bought Britateei2i, a AI and Analytics company based in Bengaluru.
Reel acquired 25% of the shares in technology companies in AL for $ 15 million
