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Published 13 days ago

Infinite Reality buys Drone Racing League for $250M

Summary by VentureBeat

Infinite Reality, a creator of virtual, AI-powered immersive experiences, signed a definitive agreement to acquire the Drone Racing League for $250 million. The acquisition bolsters Infinite Reality‘s capabilities and IP, and boosts its valuation to $3.5 billion, up from $3 billion earlier this month. Recognized for accelerating professional…

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Infinite Reality buys Drone Racing League for $250M

Infinite Reality, a creator of virtual, AI-powered immersive experiences, signed a definitive agreement to acquire the Drone Racing League for $250 million. The acquisition bolsters Infinite Reality‘s capabilities and IP, and boosts its valuation to $3.5 billion, up from $3 billion earlier this month. Recognized for accelerating professional…

13 days ago·S F, United States

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