Infinite Reality, a company specializing in AI-powered immersive experiences, has signed an agreement to acquire Drone Racing League in an all-stock transaction valued at $250 million. This acquisition is expected to elevate Infinite Reality's valuation to $3.5 billion as it prepares for its public offering. Drone Racing League, known for its innovative approach to drone racing and technology, will benefit from Infinite Reality's resources and vision to expand its reach and capabilities in the immersive media and entertainment sector.