Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Infinite Reality, KoBold AI, Secure Hundreds Of Millions, VR’s Must-Have Accessory

Jan 11, 2025 - forbes.com
The article provides an overview of the Consumer Electronics Show (CES) 2025 in Las Vegas, highlighting Samsung's presentation led by JH Han, which focused on innovations in mobile devices and home appliances. Despite the anticipation around AI, its presence at CES was more theoretical, with few groundbreaking applications. The event showcased various smart gadgets and predictive algorithms, but the overall sentiment was that consumer AI is still in its nascent stages, with marketing efforts outpacing practical deployment.

Additionally, the article mentions significant financial developments in the tech industry, including Infinite Reality's $350 million equity investment, raising its valuation to $12.25 billion, and KoBold Metals' $527 million Series C funding for AI-driven mineral exploration. It also highlights Roto VR's new motorized chair, developed with Meta, as a potential must-have accessory for VR enthusiasts. The article concludes with references to related tech discussions and readings, including a podcast hosted by Charlie Fink and others.

Key takeaways:

  • CES 2025 showcased AI as a theoretical concept with few groundbreaking consumer applications, highlighting the early stages of consumer AI.
  • Infinite Reality raised $350 million, increasing its valuation to $12.25 billion, following its acquisition of Landvault and The Drone Racing League.
  • KoBold Metals, an AI-powered mineral exploration company, raised $527 million in a Series C funding round to advance its technology for identifying critical metal deposits.
  • Roto VR, a motorized chair developed in partnership with Meta, aims to enhance VR experiences by addressing motion sickness and space limitations, available for pre-order at $799.
View Full Article

Comments (0)

Be the first to comment!