Immersive digital experience startup Ctruh has raised $2.5 million in seed funding to speed up R&D and product innovation for enterprise AR and VR use cases. Founded in 2023 in Bengaluru, the company plans to set up sales operations in the US and UAE by 2026. Ctruh’s low-code 3D engine and VersaAI aim to generate production-ready 3D assets from images, text, and video.
Meta says its Reality Labs continues to lose billions each quarter, with no quick path to profitability. The situation is made tougher by rising AI spending plans, which are expected to add further pressure to costs. The result: even with tech advances, investors are watching cash burn grow rather than slow down.
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