AI Startup Two Platforms Snags $15M Investment

Silicon Valley artificial intelligence (AI) startup Two Platforms (TWO) was backed with a $15 million investment from India's Jio Platforms in exchange for a 25% stake in the company on a fully diluted basis, according to a blog post from TWO on Wednesday (Feb. TWO, founded by Pranav Mistry in July, focuses on building interactive and immersive AI experiences. TWO is moving towards what it believes is the next chapter of AI following text and voice -- visual and interactive. A pioneer in the fields of robotics, augmented reality (AR) and virtual reality (VR), Mistry was most recently the president and CEO of Samsung Technology and Advanced Research. See also: India's Quick Commerce Startup Dunzo Raises $240M Led by Reliance Jio, led by Mukesh Ambani, is a subsidiary of Reliance Industries and is striving to transform digital services in India.