The Alibaba Group acquires the Israeli software company Infinity Augmented Reality, a start-up specialising in the development of virtual reality technologies.
Alibaba has been working with the Israeli start-up in the fields of augmented reality, computer vision and artificial intelligence (AI) since 2016. Both parties have agreed not to disclose the purchase price for Infinity Augmented Reality.
The Alibaba Group made a big leap in the field of virtual reality (VR) with its investment in Magic Leap. The Chinese e-commerce giant also set up a new research lab in China that specialises in VR.
Generally speaking, VR is already a big thing in China and is constantly on the rise, as we have seen in various Reports have already shown.
Source: IT Times / Infinity
Deutsch 
Français 
English (UK) 
Italiano