metaverse
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Meta Is Spending More Than $US1 ($1) Billion per Month on the Metaverse
Meta has released its final quarterly and full year financial results for 2022, and the results are…mixed for the company formerly known as Facebook. Meta’s revenue slightly exceeded analyst’s expectations, but nonetheless the tech giant hasn’t fully recovered from what’s been a difficult past 12-months.
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Microsoft Cuts VR Staff and Leaves Questions About Its Metaverse Ambitions
After the dust cleared from Microsoft making moves to lay off over 10,000 employees — 5% of its global workforce — it’s become apparent Microsoft isn’t merely taking a different tact on its virtual reality and mixed reality designs, it’s curtailing several of the major teams supposed to plant their virtual flag in the fledgling…
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Mercedes-Benz Is Making Cars in the Internet Now
Nvidia has expanded its partnership with Mercedes-Benz, allowing Merc to make its cars via a digital twin in the omniverse
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The ‘Military Metaverse’ Calls It Quits
The UK-based tech company ironically called “Improbable” officially decided to shutter the company working on its strange, opaque “military metaverse.” It’s another blow to the folks who once talked up the promise of shared virtual worlds technology, especially because somebody thought a solid use case for a metaverse was supporting the military industrial complex.