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In a significant acquisition, Matterport, the company behind cutting-edge 3D scanning technology, has been sold for $1.8 billion. Meanwhile, AI startups Lamini and Neurable secured funding of $25 million and $13 million, respectively. Freepic, another AI

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In a significant acquisition, Matterport, the company behind cutting-edge 3D scanning technology, has been sold for $1.8 billion. Meanwhile, AI startups Lamini and Neurable secured funding of $25 million and $13 million, respectively. Freepic, another AI - Forbes

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M&A activity in AI and XR drove the news this week.

Sandbox VR adds 25 more locations, and Niantic tries MR for the first time.

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In a significant acquisition, Matterport, the company behind cutting-edge 3D scanning technology, has been sold for $1.8 billion. Meanwhile, AI startups Lamini and Neurable secured funding of $25 million and $13 million, respectively. Freepic, another AI - Forbes (Picture 1)

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Article Details

Author / Journalist: Charlie Fink, Contributor

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-09 @ 22:26:11 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: forbes.com

Language: English

Article Length: 25 words

Reading Time: 1 minutes read

Sentences: 72 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Forbes

News ID: 20927440

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Official Website: forbes.com

Update Frequency: 21 posts per day

Year Established: 1917

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News Last Updated: 12 hours ago

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Publisher ID: #40

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