Category: Metaverse / Virtual Reality and Augmented Reality

Here’s How Artificial Intelligence Is Transforming the IoT

The business world has seen a steady rise in adoption of the internet of things (IoT) over the past years. Many businesses have been built and optimized using IoT, enhancing their capabilities and overall performance. However, the next phase of advancement in artificial intelligence (AI) and machine learning is the development of IoT devices leveraging…

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Mogul Productions Inks Partnership With Trace Network Labs To Stream Movies In The Metaverse

The Metaverse is going big on entertainment as Mogul Productions, a platform promoting NFT and DeFi in the entertainment sector has penned a new deal. Accordingly, Mogul Productions aims to use its new partnership with Trace Network Labs to bring entertainment to the Metaverse. A Surge in Metaverse Growth The emergence of blockchain technology has…

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Australia Create First Quantum Circuit For Quantum Computers

According to reports, an Australian tech company, Silicon Quantum Computing, has made a breakthrough. The team has developed the first atomic integrated circuit for the next generation of computers.  Over ten years have gone since the SQC created the first atomic transistor. However, this recent development brings them close to the production of quantum computers. …

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Meta Plans To Start Testing NFTs On Instagram Stories With AR

The parent company of Facebook and Instagram, Meta, announced its plans to start testing non-fungible tokens (NFT) on Instagram stories. For the upcoming test, Meta wants to use its augmented reality (AR) protocol, Spark AR. Meat is on an expansion drive that integrates crypto, NFT, and Metaverse into many of its platforms. Additionally, the company…

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Afropolitan Raises $2.1M Funding To Engage Africa’s Diasporan In Web3

The history of Africa is filled with institutional wrongs against the continent, and Afropolitan is looking to change the narrative. The platform wants to create a global digital space having a real-world impact on Africans living outside Africa. According to Afropolitan, it has raised $2.1 million in funding to realize its vision of a digital…

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Introducing Spatial, A Platform Providing Full-body VR Experience

The concept of virtual reality (VR) is rapidly evolving as manufacturers continue to develop innovative ways to deliver immersive VR experiences. However, the idea of floating around in VR and feeling yourself in your material body with your eyes covered by a headset is one experience you could like to have. Welcome to the era…

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Meta Introduces Voice Mode To Horizon Worlds Quest 2 VR Headset

After unveiling the Quest 2 VR headset, Meta is moving further ahead by adding a new setting to the Horizon Worlds. The Voice Mode feature gives users an added experience and control in VR. The new development will be unveiled over the coming weeks and will give Quest 2 users audio options to choose from.…

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UAE Begins Project To Increase The Amount of Rainfall With AI Technology 

Recently, the clamor for freshwater has been increasing, especially in regions with low rainfall. Among the various countries experiencing low rainfall due to weather conditions is the UAE.  However, the country’s meteorological center is set to solve the problem. According to reports, the National Centre of Meteorology (NCM) has commenced a new project. The NCM…

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Apple Plans To Launch AR Glasses In 2024 Alongside AR/VR Gadgets

The development and expansion of augmented reality are growing and gaining momentum, with Apple being the latest to come up with a product. Mashable reported that Apple is currently working on releasing an AR device that is expected to be ready by the second quarter of 2022. However, this is not the first time that…

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Yahoo Launches Metaverse Events In Hong Kong

According to the report, Yahoo has launched various metaverse activities in Hong Kong. These activities aim to explore the usage of immersive advertising technology.  Yahoo’s announcement comes after Meta launched similar plans this week. Yahoo’s project, which would end on June 19th, features various activities.  Among them are the latest trends in lifestyle, sports, entertainment,…

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Edge Computing Evolution And Why It Is Important

The world is hyper-connected, and the need to find a way to scale and process data is increasing. There is a massive transformation in how data is processed, stored, and analyzed. Moreover, there is a noticeable change in the goal of what edge computing is designed to achieve. Initially, it aims to lower the cost…

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McKinsey’s Research: Metaverse Will Be Worth $5Trn By 2030

A popular research company, McKinsey & Company, has released a new report. The report titled “Value creation in the metaverse” evaluates the worth of the metaverse.  According to the research, the metaverse would be worth over $5 trillion by 2030. The biggest sector would be the e-commerce industry ($2.6 trillion), followed by virtual learning at…

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ICI Bucharest Plans To Develop NFTs Using Elrond Blockchain

Integrating Web 3.0 technologies into everyday use by institutions is on the rise. Accordingly, the Romanian Institute for Research and Development in Informatics, also known as ICI Bucharest, is the latest to join the move. ICI Bucharest revealed its plans to develop institutional NFTs alongside a marketplace and a decentralized protocol for Domain Name System.…

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Introducing Jidu Robo-1, China’s AI-Powered Futuristic Car

Like Google, China’s search engine giant, Baidu, has a firm grip on the Chinese internet space. Baidu has dominated China’s internet industry for years, raking in billions of dollars annually from search engines and other web services. However, Baidu’s ambition extends beyond just the internet ecosystem; its next destination seems to be the automobile industry.…

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ByteDance Plans To Venture Into The VR Ecosystem

According to reports, TikTok’s parent company, ByteDance, is on the verge of joining the extended reality space via virtual reality (VR). The short video-making company looks to venture into new space by banking on its popularity and user base. As per the insider report, ByteDance plans to invest heavily in VR-related services, according to the…

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Qualcomm’s XR Platform Enhances The Development Of AR And VR

Qualcomm recently made the Snapdragon Spaces XR available for download as it continues to lead the way in the development of extended reality (XR).  The growth in the field of XR has increased the pace of adoption of augmented reality (AR), virtual reality (VR), and others. Many industries are now pushing for alternative reality to…

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Distinguishing Virtual Reality From Augmented Reality

The advancement in information and communication technology has led to new ways of doing things. These technological innovations are virtual reality (VR) and augmented reality (AR). Most VR experiences are via computer technology to create new replicas of an individual’s unique features. Additionally, a virtual version of an individual’s voice, visuals, and other personal attributes…

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Metaverse – Possible Challenges of the Virtual Reality Space

Metaverse is a virtual reality space that allows users to work together with a computer-generated setting and other users. You might wonder what made the Metaverse rise at a swift pace. The connectivity with one of the tech giants, Facebook, caused rapid expansion. Mark Zuckerberg announced last July that the company would create its future…

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Metaverse Investments – Everything That You Should Know Before Putting in Your Money for the Virtual Reality

Investing in the real world may be complicated for many individuals. The good news is that you can think of heading around the Metaverse. It is virtual reality that may soon become an everyday reality. Metaverse is the new phase in the internet’s development wherein the physical sphere gets together with Augmented Reality. Users can interact…

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Artificial Reality and Virtual Reality – The Empowering Technologies That Go with Metaverse

The term ‘metaverse’ went into public use in 2021, leading to a lively global discussion about what it represented. Questions like whether Metaverse exists here or who owns it stayed in the air, though nobody still has an established definition of the technology. Meta has a significant investment of ten billion dollars in Virtual Reality…

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How Learning Metaverse Tech Can Considerably Impact Your Business

Metaverse technology is just over the horizon. It is a technology that makes individuals fall over themselves, trying to find out its uses to meet their purposes. Facebook recently has changed its name to Meta, though it is something more than a name change. It sets the future direction of Metaverse with supportive technologies like Augmented…

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