Search Results for: industrial metaverse

Reporte: China Will Become a Metaverse Tech Leader During 2023

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A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (AI), virtual reality (VR),…

Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group

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Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. Según informes, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, como…

Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025

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Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several…

Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023

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Nvidia, a graphics processing unit and artificial intelligence (AI) empresa, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement…

Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund

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Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 millón). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund…

Big Four Company EY Takes Wavespace Utility to the Metaverse

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EY, one of the “big four” accounting companies, is taking part of its software suite into the metaverse. EY wavespace, a utility that lets customers join meetings with EY personnel from several places around the world, will now include immersive experiences,…

Nokia cree que el metaverso reemplazará a los teléfonos inteligentes en el futuro

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Nokia, one of the first companies to manufacture a consumer-grade mobile phone system, now believes the metaverse will cause phones to become deprecated. These metaverse experiences will be powered by the use of virtual reality (VR) headsets and augmented reality glasses,…

European Union to Launch Global Metaverse Regulation Initiative in 2023

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The European Union (UE) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored…

Renault se asocia con The Sandbox para llevar experiencias automotrices al metaverso

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The Korean subsidiary of Renault, a historic brand in the automotive industry, is establishing a partnership with The Sandbox, an Ethereum-based metaverse platform, to enter the metaverse space. With this partnership, Renault Korea’s objective is to establish its brand presence in…