Indian company Metaverse911 launched a Metaverse Experience Center to offer industry leaders a new way to engage with immersive tech like virtual and augmented reality – both crucial to creating a vibrant digital ecosystem in the metaverse. Announcing the Center
South Korea is developing systems that could make touching and motion in the metaverse real. It is part of an effort to improve immersion in virtual worlds and gaming environments. The Korea Research Institute of Standards and Science, or Kriss,
OpenAI’s Sora, a text-to-video generator, stirs new tech anxieties in Hollywood during the 96th Academy Awards season. Hollywood will have an opportunity to present an image of itself at the 96th Academy Awards that aligns with its desired perception following
Tech leaders, including OpenAI’s Sam Altman, join forces in an open letter by Ron Conway to advocate for responsible AI development, aiming to balance benefits and societal risks. In the tech industry’s most recent attempt to advocate for the responsible
Ben James, the CEO of Atlas, says on The Agenda that generative AI might support the expansion of Web3 gaming and allow independent companies to make games on a tight budget. Artificial intelligence (AI) has become one of the hottest
London-based metaverse infrastructure startup Improbable is developing a technology that could host up to 40,000 people occupying a single virtual world at the same time. The tech works best for immersive metaverse experiences that attract large crowds, like sports matches,
France’s competition authority has opened a public consultation exercise on the AI sector to investigate potential dominance by big tech firms. The authority seeks to understand the strategies that big tech firms have implemented, including the investments they have made
Some employees are already feeling the effects of the significant investments made by tech companies in artificial intelligence. Several tech companies are making drastic changes to their workforce. This follows the rapid adoption of artificial intelligence (AI). Some employees, as
Big Tech’s investments in AI paid off in 2023, driving a 26% return in the S&P 500, with Apple, Microsoft, Meta, Amazon, Alphabet, and Nvidia as the highlights. Their Q4 earnings will reveal who’s profiting most from the AI boom,
The Chinese Ministry of Industry and Information (MIIT) has assembled a team from universities and leading tech firms in that country to set up standards to support the development of the metaverse industry. The team has been mandated to build,
Microsoft, along with other tech giants such as Google and Amazon, has emerged as a leading force in funding AI startups in 2023, marking a notable change in the AI sector. According to PitchBook data, these companies have played a
As the cryptocurrency landscape changes, 2024 is anticipated to see an increase in complex cyber threats, including AI-powered phishing scams and smart contract vulnerabilities. Blockchain security experts alert the community to these risks, stressing the importance of increased awareness and
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