** Jio invests $15 million in Silicon Valley-based Two Platforms for 25% stake

Two is an Artificial Reality company with focus on building interactive and immersional AI experiences

Jio Platforms Ltd. has announced an investment of US$ 15 million in Two Platforms Inc., a Silicon Valley based deep tech startup founded by Pranav Mistry, for a 25% equity stake on a fully diluted basis.

Two is an Artificial Reality company with focus on building interactive and immersional AI experiences. After text and voice, it believes the next chapter of AI is visual and interactive.

The founding team at Two has several years of leadership experience in research, design and operations with leading global technology companies, Jio said in a statement. “Two will work collaboratively with Jio to fast-track the adoption of new technologies and build disruptive technologies such as AI, metaverse, and mixed realities,” it said.

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