Infinite Reality Secures $3 Billion Funding

Infinite Reality, a company focused on immersive web content and AI technology, has secured $3 billion from a single private investor, boosting its valuation to $12.25 billion. The investment aims to expand its flagship product, iR Studio, which enables users to create immersive websites and experiences seamlessly integrated with WebXR technology. CEO John Acunto highlighted the significance of this funding in enabling customers to maintain control over their digital interactions and data. The investor, whose identity remains undisclosed, is known for focusing on global technology and real estate investments. This funding round reflects a broader trend of increasing investment in AI startups, with expectations of substantial growth in the sector. Analysts predict that the AI market will significantly impact tech funding as the industry evolves.