Metaverse

The game is expected to feature lord Krishna's 2,850 unique, playable avatars that span five rarity tiers, Common, Uncommon, Rare, Epic, and Legendary. Players can mint the game from June 3.

Zuckerberg’s Metaverse gamble pays off with $201 billion fortune

While other tech titans made big jumps in net worth this year — Nvidia Corp. Chief Executive Officer Jensen Huang, for example, has more than doubled his wealth to $106.2 billion — none has grown as much as Zuckerberg’s.

Karnataka's heritage structures to join Metaverse; virtual tours soon

The Department of Archaeology, Museum, and Heritage has digitally scanned 530 protected monuments in the state. For starters, 10 monuments will have walkthroughs using immersive 3D, virtual reality, and generative AI.

Meta restructures its Metaverse team, to lay off a ‘small number’ of employees

Meta said that the move will hopefully allow it to "“reduce overhead and allow people across teams to come together and execute with a more unified view".

World Street | Dimon warns of geopolitical 'pitfalls', IBM's big bet, Metaverse loses billions, Spotify's disruptions and more

From Meta's Metaverse arm losing billions to the Spotify CEO's looking back at disruptions following layoffs, here are some of the major developments from across the world

Meta's metaverse, mixed reality bet continues to bleed billions of dollars

Since its inception in 2020, Meta Reality Labs has lost $45 billion. In the last four years, there have been a few product announcements, some glimpses into the future and then the AI integration.

Universal Ai University launches India’s first Metaverse and AI-based admissions process

Universal Ai University has revolutionised the admissions process by combining optimisation algorithms, crowd-generating tools, and visual-enhancing technologies.

Telco body COAI seeks manufacturing incentives in AR/VR devices for Metaverse

Indian telecom operators want to tap the Metaverse opportunity with their 5G services. They want to partner with content providers and over-the-top players to enable several use cases.

Trai seeks views on policy framework for economic development driven by 5G ecosystem

In the consultation paper, Trai has sought views on the need to develop a regulatory framework for the responsible development and use of Metaverse.

Meta executive leading AI chip efforts to leave position - sources

Meta on Tuesday is expected to offer new details of its mix-reality headsets that will be a window into what it calls the "metaverse."

Senco Gold & Diamonds launches India's 'first virtual jewellery showroom' on metaverse

The initiative offers a new and immersive way for customers to shop for jewellery from the comfort of their homes, the company said.

Just how deep is Mark Zuckerberg’s Metaverse money pit?

The company has lost $21 billion creating its virtual reality experience since the start of 2022. It’s only a matter of time before investors start demanding answers

Web3, Metaverse to be a $200 bn market in India by 2030: Report

To reach $200 billion, the Web3 and Metaverse market will grow at 40 percent per annum till 2035, as per an official statement.

Indian courts providing legal clarity for Web 3.0 and Metaverse

There is no doubt that there remains a gap in the regulation of upcoming Web3 technologies, along with the metaverse. In such an environment, Indian courts will be expected to evolve regulation through judicial precedent in a gradual piecemeal manner, by applying existing legal principles

Metaverse Gaming Market Could Reach $280 Billion By 2025: Guardianlink CEO & Co-Founder| Crypto News

The metaverse gaming industry is taking the maximum screen time for GenZ and presents a vast opportunity for funding in this sector. What are the key trends in the NFT, Gaming and Metaverse industry? Why will the sector be the next big bait for the investors? How is the sector being evaluated? Manisha Gupta sits down with Ramkumar Subramaniam, CEO and Co-Founder of Guardianlink to answer all these and bring the latest in Crypto and Blockchain.

Metaverse could contribute up to 2.4% of US GDP by 2035: Study

Social media giant Meta, which pivoted its focus on building metaverse technologies in 2021, has forecast the tech would eventually replace mobile as the main computing platform.

Tech Mahindra CEO Gurnani bets big on futuristic tech, IT service resurgence

The IT services firm reported an order book of $592 million for Q4FY23, down by 25.5 percent QoQ from $795 million in Q3.

Alphabet and Meta will focus on AI for their quarterly results next week

Meta's huge push into the Metaverse hasn't gone as expected while Google is fighting off competition in its Search business.

Cloud, metaverse and AI will be next decade's mega tech trends: Accenture

Generative AI, digital identity and data usage are the key factors that will enable these trends, Acccenture says in its Technology Vision 2023 report

With no end in sight yet, will 2023 be the year of layoffs?

When money is cheap, instead of taking calculated risks, companies buy back their own shares and drive stock prices up

'Didn't realise the timeline would be this short': Employee laid off by Meta

Meta, Facebook's parent company, is planning a second round of layoffs to become a more efficient organisation.

Corporate Crossings: Flipkart Labs’ Ajay Ponna Venkatesh, Sai Krishna VK join Polygon

The duo’s visual tech startup Scapic was acquired by Flipkart in 2020 since then the founders were heading Flipkart Labs for building emerging tech solutions in house

Why are NFT marketplaces shutting shop? | Crypto News

While the euphoria may have come off, the street believes that NFTs will continue to be adopted by video games, artwork, music, and digital collectable industries. In this video, we explain to you why NFTs are shutting shop.

'Humans who don’t use AI will be replaced...', says Srikanth Velamakanni of Fractal Analytics

‘Humans that don’t use AI will be replaced by those who do.’ Catch Moneycontrol’s Debangana Ghosh in conversation with Srikanth Velamakanni Co-founder & CEO, Fractal AI. He shares his views on evolution of AI, ChatGPT, Metaverse & the new developments that Fractal AI is focusing on. Watch!

Apple to develop AR device at contract manufacturer Luxshare: Report

The Chinese manufacturer has reportedly taken over from a development team in Shanghai