
Photo Credit: Infinite Reality
Hot on the heels of its $207 million Napster acquisition, Infinite Reality has announced the acquisition of AI company Touchcast for $500 million in a combination of cash and stock.
The acquisition is Infinite Reality’s largest yet and the transaction agreement values the company at $15.5 billion. Touchcast’s powerful agentic AI platform, known as Mentorverse, generates an infinite universe of specialized AI mentors who engage in natural face-to-face video conversations, and unlike traditional chatbots or static web experiences, combine consistent personalities with deep domain expertise to deliver genuinely helpful guidance through multimodal interactions.
The integration of Touchcast’s technology across Infinite Reality’s portfolio of products and services will enable IR customers to tap AI agents for a number of tasks that drive user engagement, customer support, and sales.
For example, within Napster, Touchcast tech will enable subscribers to easily generate immersive social listening spaces and leverage knowledgeable AI agents for music playlisting, community management, and music trivia among other engaging features.
Touchcast is built on OpenAI and delivered on Microsoft Azure via a $50 million strategic partnership that provides a suite of groundbreaking AI delivery systems to improve response times for AI interaction. For businesses, this means the delivery of seamless, human-like experiences while boosting efficiency and reducing costs—a vital edge in today’s competitive digital landscape.
Touchcast’s platform is turning what once required entire teams and years of work into one-click solutions with multiple products ranging from AI mentors to transforming websites into interactive AI experiences and more. The company holds 27 patents related to AI and interactive video technology, including systems for coordinated presentations, video conferencing enhancements, and intelligent virtual assistant systems.
“The acquisition of Touchcast marks our largest transaction thus far, and represents a perfect continuation of our strategic growth trajectory, building on the momentum from the iconic Napster acquisition and recent $3 billion funding round,” says Amish Shah, Co-Founder and Chief Business Officer, Infinite Reality.
“The addition of Touchcast’s agentic AI technology serves as a powerful building block for our platform as we look to provide our customers with the tools they need to succeed in the modern AI-powered era.”
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