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Infinite Reality acquires Stakes for $8M in stock to build immersive experiences

  • Posted byby Dean Takahashi
  • Updated
  • 5 min

Infinite Reality, maker of AI-powered immersive experiences such as social sports platforms, has acquired Stakes for $8 million in stock.

The all-stock transaction values Infinite Reality at $3 billion and Stakes at $8 million. It comes on the heels of another acquisition where Infinite Reality acquired Ethereal Engine in a share swap. That deal in February valued Ethereal Engine at $75 million and Infinite Reality at $2.5 billion. Yes, in the course of six weeks, it looks like Infinite Reality’s valuation went up $500 million.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.