Infinite Reality, KoBold AI, Secure Hundreds Of Millions, VR's Must-Have Accessory - Forbes

This article highlights the central themes from CES 2025, where artificial intelligence dominated the conversation but saw limited real-world deployment. Infinite Reality (iR), a company focusing on AI and immersive tech, made headlines by raising $3 billion in equity funding at a $12.25 billion valuation. AI-driven mineral exploration startup KoBold Metals also secured $527 million in a Series C round to boost its search for key battery metals like copper, lithium, nickel, and cobalt. Meanwhile, the motorized and haptic-enabled Roto VR chair gained attention as a potential must-have accessory for Meta Quest headset users, aiming to reduce motion sickness and spatial limitations in virtual reality. Despite the buzz, the article notes that many AI and consumer tech products at CES felt more like incremental upgrades than groundbreaking innovations.