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Market
Primary tech focus in Infinite Reality-DRL integration by 2024
5
Resolution / Starting Odds
AI Enhancements • 34%
VR Experiences • 33%
Drone Tech Advancements • 33%
Company technology roadmap, press releases
Story
Infinite Reality Acquires Drone Racing League for $250M, Boosts Valuation to $3.5B
Apr 23, 2024, 11:10 AM
Infinite Reality, a company specializing in AI-powered immersive media and entertainment, has signed a definitive agreement to acquire Drone Racing League for $250 million in an all-stock transaction. This acquisition is expected to enhance Infinite Reality's valuation to $3.5 billion as it prepares for a public offering. Drone Racing League, which has evolved from a niche hobby into a significant player in the sports industry, will benefit from Infinite Reality's resources and vision to expand its technological and entertainment capabilities.
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Improved 3D production • 33%
Enhanced spatial computing • 33%
New game production tools • 33%
Machine Learning • 33%
Natural Language Processing • 33%
Computer Vision • 34%
Natural Language Processing • 33%
Machine Learning • 33%
Robotics • 33%
Healthcare • 25%
Automotive • 25%
Financial Services • 25%
Retail • 25%
AI-based content moderation • 25%
Real-time translation for global reach • 25%
Blockchain-based payment system • 25%
Integration of virtual reality features • 25%
AI personal assistant • 25%
AI-driven health technology • 25%
Augmented reality features • 25%
Autonomous vehicle technology • 25%
No Integration • 25%
Partial Integration • 25%
Full Integration • 25%
Advanced Autonomous Integration • 25%
New VR game • 33%
New VR film experience • 33%
New VR collaboration with another company • 33%
Machine Learning • 25%
Natural Language Processing • 25%
Computer Vision • 25%
Robotics AI • 25%
Weight reduction • 25%
Improved ergonomics • 25%
Both • 25%
None • 25%
Implementation of real-time rendering • 33%
Integration with major VR platforms • 33%
Release of an open-source version • 34%