Infinite Reality will acquire agentic AI firm Touchcast for $500M

**Infinite Reality is acquiring Touchcast, an AI company specializing in agentic AI technology, for $500 million. John Acunto leads Infinite Reality, while Edo Segal founded Touchcast, which holds 27 patents related to AI and interactive video technology. The acquisition aims to integrate Touchcast's advanced AI capabilities into Infinite Reality's platform, enhancing its portfolio across various industries. Touchcast has raised $60 million in funding and has strategic partnerships with Microsoft and customers like Accenture. Edo Segal views this as an ideal step for Touchcast to reach a broader market.**