Half of the 10 most valuable companies on Earth are making metaverse hardware
The metaverse is dead, long live the metaverse. Go to Source
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Metaverse book gets boring rename in latest sign of waning enthusiasm
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3. Go to Source
AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran
According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI can potentially “make virtual environments interactive and personal.” AI Hype Cycle Expected … Read more
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs. Go to Source
Unstoppable Domains to Provide Web3 Sign-In to Pudgy Penguins Metaverse
Unstoppable Domains, a key player in Web3 domains and digital identity solutions, has announced an integration with Pudgy Penguins, enabling users to access Pudgy World using their .pudgy domain names. The integration allows users to bypass traditional password-based logins, offering a more streamlined access that doesn’t rely on Web2 credentials. This approach not only enhances … Read more
Meta seeks to use generative AI in its metaverse, job listing shows
Meta is offering a $347,000 yearly salary for an expert to drive its AI metaverse vision, while a regulator has banned Meta from using personal data from Brazilians to train its AI. Go to Source
Meta’s prototype ‘full holographic’ glasses could be a game changer for Web3
The new holographic display could give NFTs the Pokemon Go treatment. Go to Source
Animoca Brands plans return to stock market by 2025
Animoca Brands is considering a public market return after four years of delisting in Australia, eyeing more receptive jurisdictions like Hong Kong and the Middle East. Go to Source
Hong Kong targets DeFi, metaverse for fintech expansion
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors. Go to Source
Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had not “even figured out the best ways to use NFTs in loyalty … Read more
