Eros Innovation Announces USD150 Million Capital Injection and Strategic Acquisitions, Reinforcing Its Position as a USD2 Billion Global AIâMedia Platform
Eros Innovation announced a $150 million capital injection and strategic acquisitions to reinforce its position as a $2 billion AI-media platform. The transactions include a $50 million investment and $100 million in creative and technology acquisitions. Eros GenAI, a cultural AI stack, and the acquisition of Empirical Wax enhance its capabilities. The company aims to expand its AI infrastructure, develop immersive content, and grow monetizable IP portfolios. Eros Innovation operates globally with over $1 billion in assets and zero external debt.
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