Metaverse

Meta, Microsoft, Nvidia, Unity and others form Metaverse Standards Forum

As more tech companies develop virtual and augmented reality products, some oversight groups are trying to keep the industry on the same page. The newest of these is the Metaverse Standards Forumwhich aims to drive open interoperability, which could make it easier for developers to build across platforms. As announced today, the forum already has …

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Lowe's expands into the metaverse with a tool to help visualize projects

Lowe’s Metaverse Open Builder. Courtesy: Lowe’s It seems like every company is getting into the metaverse these days. Lowe’s doesn’t want to miss out on the opportunity to use it to help builders imagine projects. But unlike other retailers that chose a particular virtual platform or game like Fortnite or Roblox, Lowe’s metaverse assets – …

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Major Tech Firms Create Metaverse Standards Forum — Redmondmag.com

News Major Tech Firms Create Metaverse Standards Forum The Metaverse Standards Forum, made up of some 37 tech organizations, has formed to foster cooperation in creating requirements and resources for the future of the metaverse industry. Rather than setting those interoperability standards itself, the Metaverse Standards Forum will provide a venue for industry players to …

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CPI Tech expert explains relationship between NFTs and the Metaverse

In-house CPI Technology Expert Ola Lind, CEO of FTFT Capital, outlines the role played by NFTs in the burgeoning new arena of the Metaverse, described by some IT and tech analysts as representing the future of the internet, in the first in a series of op-eds for CNME. The Metaverse is everywhere, and NFTs represent …

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Tencent

Tencent joins metaverse race with ‘extended reality’ division

Chinese internet giant Tencent has created an ‘extended reality’ division that will develop hardware and services for the metaverse, according to news agency Reuters. The move is the latest Big Tech bid to stake a claim to the metaverse, with Meta, Microsoft, Apple and TikTok-developer ByteDance all making bets that virtual and extended reality will …

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Huobi Tech Capital: Metaverse is on the Eve of an Explosion and NFT is Hampered by Liquidity

HONG KONG, June 22, 2022 /PRNewswire/ — Huobi Tech Capital, the strategic investment and M&A division of Huobi Technology Holdings Limited (“Huobi Tech”, stock code: 1611.HK), issued a research report titled “Current Situation and Future of crypto Asset Market” ( the “report”) in June 2022. Combined with the new development of the blockchain industry since …

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Mark Zuckerberg envisions a billion people in the metaverse spending hundreds of dollars each

Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, …

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The Global Metaverse Market in 2030 will be worth USD 1.6 trillion, having a CAGR of 38.25%.

New York, United States, June 23, 2022 (GLOBE NEWSWIRE) — The factors driving the market are the widespread use of new technologies and the increasing demand of Metaverse users to purchase digital assets using cryptocurrencies. Key Insights of the Metaverse Market: North America held the largest share of the revenue of the metaverse market, which …

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From The Metaverse Hype To Green Tech Solutions: VivaTech 2022

Paris was the center of innovation and technology last week. The 2022 edition of VivaTech in Paris was a great success with more than 90,000 in-person visitors and 300,000 digital connections. It has become the largest technology and innovation event in Europe with CEOs, C-leaders, VCs, and startups attending from all over the world. If …

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