Meta’s VP metaverse is optimistic: ‘The metaverse hype is dead’
Meta is quietly beginning to realize the state of the metaverse: "The metaverse hype is dead," says Vishal Shah, vice president of metaverse at Meta. But don't think we won't hear Zuckerberg and his team say another word about the metaverse. According to Shah, the time is now to actually build the ... Read more
Almost no one is enthusiastic about the metaverse
Research by Gartner indicates that the metaverse has little support. VR applications do not yet meet expectations in business environments, and "immersive meetings" with avatars do not seem to add value for the time being.
Gartner interviewed 52 metaverse providers and examined 170 implementatio... Read more
Meta’s own employees not fully onboard the Metaverse
Confidential discussions with 11 current and former employees revealed that teams within Meta, including those working on VR, are not regularly using the headsets for their work. While the company provides headsets to employees enrolled in its internal program for testing new features, adoption is ... Read more
Meta unveils the Quest 3 headset, beating Apple to the punch
Meta has officially unveiled its Quest 3 headset. Full details will be revealed at the Meta Connect event on September 27. However, the company couldn't resist giving us a preview days before Apple's highly anticipated Worldwide Developers Conference (WWDC), where their own mixed-reality headset is... Read more
Metaverse promises much, doesn’t deliver yet; Disney pulls plug on division
Will the metaverse meet the same fate as 3D TVs and VR glasses? Disney's decision to pull the plug on the entire metaverse division suggests the worst. What is the future for the metaverse?
The metaverse is without a doubt one of the most popular terms of recent years. Mark Zuckerberg even foun... Read more
Meta dismisses network fees as solution for EU telecoms’ billion dollar gap
Meta platforms elucidate its disagreement with EU telecom operators’ campaign to make tech giants pay more for network costs. Operators say that the expansion of the metaverse would put pressure on infrastructural capacity. Meta dismisses this argument as “nonsense.”
Operators say Amazon, ... Read more
Linux Foundation unveils Open Metaverse Foundation
The Linux Foundation has founded the Open Metaverse Foundation (OMF) to help different industries collaborate on open-source software and standards for a metaverse that is inclusive, global, vendor-neutral and scalable.
“The Metaverse brings exciting possibilities in revolutionizing the way we... Read more
Nvidia launches substantial update for Omniverse developers
Nvidia announced new functionality for Omniverse, a platform that helps developers to create virtual environments. Users can expect more AI functionality and integration capabilities.
According to Nvidia, the expansion of Omniverse helps developers build virtual worlds and content easier and fas... Read more
Nvidia, Microsoft and others join forces in Metaverse Standards Forum
The Metaverse Standards Forum, a new consortium aimed at assisting the growth of the metaverse, is being launched by more than two dozen IT companies and business associations.
The metaverse is known as a more advanced internet that incorporates augmented reality and virtual reality. Technologie... Read more
Microsoft and Meta expand their AI partnership
Meta notices how Microsoft keeps expanding its AI services on platforms like Azure.
Microsoft and Meta announced the ONNX (Open Neural Network Exchange) format in 2017, which helped developers to move their Deep-Learning models toward different AI Frameworks.
After its launch in 2018, Microso... Read more