Meta plans to increase its capital expenditures in AI by next year. These funds will help the company focus on research and development in artificial intelligence, which is expected to play a crucial role in its future growth.
The online universe allows customers in Singapore to unleash their creativity on the platform and explore various activities to earn rewards daily.
The collaboration between ZTX, ZEPETO, and 88rising wasn’t confined to a single platform. It engaged diverse communities across the metaverse landscape.
The integration into Samsung’s ecosystem will occur in stages. The first phase will see Wilder World assets and information introduced to Samsung’s various digital platforms.
Buterin highlights the importance of integrating cryptocurrency, VR, AR, and AI to unlock the full potential of the Metaverse.
Cultural Universe is designed to showcase digital twins of the attractions and activities on offer during the IRL Founding Day, such as a History Walk that educates visitors on milestones in Saudi Arabia’s rich history.
In addition to enhancing its brand visibility and audience engagement, the presence of Forbes in the Sandbox Metaverse is expected to open up new revenue streams.
Victoria VR allocates 50% of revenue from in-game asset sales into a rewards pool, benefiting stakeholders and active participants in the Metaverse.
Reality Labs reported a total revenue of almost $1.9 billion in 2023, with more than half coming from sales of its Meta Quest 3 mixed reality headset which was released early in Q4.
Decentraland’s priority strategy for 2024 is to float a new powerful Desktop Client.
Keywords Studios said that the team, consisting of Andy Norman, Rocco Loscalzo, Vaughan O’Brien, and Roger Cheung, will continue to lead the business after the successful completion of the acquisition.
Mastercard will release a set of franchise rules for wallet providers.
Google Cloud has partnered with MultiversX to enhance their presence in the Web 3.0 space. This collaboration aims to streamline large-scale data-centric blockchain projects and enable developers to access critical data effectively.
Starting from October 19, the new rules authorize VLP operations in the U-NII-5 and U-NII-7 portions of the 6 GHz band totaling 850 megahertz of spectrum.
The AR experience is set to offer four distinct encounters within the museum, with an additional exterior courtyard experience in the iconic Cour Carrée.
Virtual Reality (VR) & Augmented Reality (AR) News
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Virtual Reality News
One of the new intriguing trends in the gaming industry is the VR (Virtual Reality) technology. VR allows users and gamers to experience an extraordinary graphical 3-D (three dimensional) recreation of their surroundings. VR’s success has motivated several tech companies to venture into the gaming industry as top companies dabble into the technology.
In 2016, gaming fans across the globe were thrilled by the introduction of Virtual Reality Headsets, this led to much better user experience and significantly revolutionized the gaming industry.
A better user interface in VR games sparked the interest of users as the demand for the technology increased in a few months.
Augmented Reality
Augmented Reality is a shared simulation of the real-world experience of an environment, AR brings real life experience to the users in such a way that they cannot distinguish between real life experience and virtually augmented experience.
Its diligently connected term, Augmented Reality, gained a lot of hype at its introduction as many tech enthusiasts reeled in amazement of its limitless potential. AR currently has more use cases than VR and is steadily describing the next stage of how people might interact with each other in the near future.
Since its inception, Augment Reality has been majorly adopted and used in the advertisement and entertainment space. One of the products that signified the innovation was Google’s AR Glasses which was released to help autistic children get more comfortable in social gatherings.
Although AR is still in its early years, there is no doubt in its broad potential to give rise to better ingenious innovations in the future.