Infinite Reality, an AI-powered metaverse company, raised $3billion at $12.25 billion valuation

Infinite Reality, an AI-powered metaverse company, has successfully raised $3 billion in a funding round, resulting in a significant valuation of $12.25 billion. Here are the key details of this fundraising event:

- Infinite Reality is a metaverse technology company

- Focuses on creating immersive digital experiences and virtual worlds

- Utilizes AI and other advanced technologies

- Amount raised: $3 billion

- Post-money valuation: $12.25 billion

- Lead investor: Fortress Investment Group

Use of Funds:

- Expand operations globally

- Further develop its AI and metaverse technologies

- Potential acquisitions to enhance capabilities

Market Context:

- This fundraise comes amid growing interest in metaverse and AI technologies

- Reflects investor confidence in the future of immersive digital experiences

Infinite Reality's Platform:

- Offers tools for creating and monetizing virtual experiences

- Targets various industries including entertainment, education, and e-commerce

This substantial funding round and high valuation underscore the growing importance of AI and metaverse technologies in shaping future digital interactions and experiences.

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Disclaimer: The information presented in this article is based on available sources and may not be entirely accurate or up-to-date. We do not guarantee the accuracy of the content, and readers should conduct their own research and consult with financial professionals before making any decisions.