Sony commits 100M to Cosmo VR

Sony Pictures Entertainment announced a $100 million investment in Cosmic, a company specializing in virtual reality technologies, with the aim of expanding its activities in interactive entertainment and subterranean venues that showcase events through "mixed reality" technology. Through this investment, Sony will be able to acquire a minority stake and strengthen its capabilities in delivering immersive experiences and expanding Cosmic's network of locations. This move will also support the company's growth and the addition of new sites in the United States and abroad, while Cosmic seeks to increase its presence and market growth.

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