Infinite Reality, a technology company specializing in digital experiences and extended reality, has agreed to acquire Touchcast, an agentic AI startup, for $500 million in a cash and stock transaction. The acquisition aims to enhance Infinite Reality's AI capabilities across its portfolio, which includes a recently rebooted Napster. Touchcast's AI platform, Mentorverse, enables the creation of specialized AI agents that facilitate seamless, human-like conversations for user engagement, customer support, and sales. The deal values Infinite Reality at $15.5 billion. Legal advisory for Infinite Reality was provided by Gibson Dunn. This acquisition reflects Infinite Reality's strategic focus on expanding its presence in the metaverse and spatial computing sectors.