Infinite Reality, which recently bought Napster, acquires AI customer support startup Touchcast for $500M in cash and stock, valuing Infinite Reality at $15.5B (Anne VanderMey/Bloomberg)

Anne VanderMey / Bloomberg:
Infinite Reality, which recently bought Napster, acquires AI customer support startup Touchcast for $500M in cash and stock, valuing Infinite Reality at $15.5B  —  The acquisition comes just weeks after the company said it would buy iconic 2000s music brand Napster.