Alibaba Buys Israeli AR Startup Amid China Investment Scrutiny

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Alibaba Buys Israeli AR Startup Amid China Investment ScrutinyInfinityAR will join Alibaba’s Israel Machine Vision Laboratory, according to a release dated Thursday on the startup’s website. Financial details were not disclosed, but Alibaba paid more than $10 million, according to an estimate from market sources cited by Globes. “The talented team brings unique know-how in sensor fusion, computer vision and navigation technologies,” lab head Lihi Zelnik-Manor said in the release.


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