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Digital service company Jio Platforms on Friday announced an investment of $15 million in Silicon Valley-based deep-tech startup Two Platforms for acquiring 25 per cent equity stake on a fully diluted basis.
Founded by former Samsung Technology and Advanced Research president and CEO Pranav Mistry, Two Platforms is an artificial reality company with focus on building interactive and immersional AI experiences.
"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. We look forward to working together with Two to help expedite development of new products
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