In a year in which AI dominated virtually every economic sector, related cryptocurrency tokens soared in value as investors took positions in a technology that’s being viewed as the next big thing. The broader crypto market bounced back in November,
Although the implementation of the metaverse did not come as quickly as anticipated and was “doused” by generative AI, the concept is not yet dead and has a bright future. Growth opportunities are still plenty for the metaverse concept to
The United Nations Institute for Training and Research (UNITAR) has unveiled its innovative UNITAR Metaverse, a first-of-its-kind virtual platform from a United Nations body, to mark its 60th anniversary. According to the UNITAR announcement, this initiative stands as the first
Lockheed Martin has introduced a suite of metaverse-based training solutions, revolutionizing military preparedness for the 21st century. This move encompasses a range of systems, including the Amorphic Appearance Zero-Projector (AMAZE) visual display, Prepar3D simulation software, SIMRES live training technology,
A new lawsuit accuses Roblox of lying and saying that the popular gaming platform is “safe and appropriate” for children. The complaint made recently by several parents said some games on Roblox exposed their underage kids to explicit sexual content.
Coventry University has unveiled its Advanced Manufacturing and Engineering (AME) Institute’s grand relaunch, investing £6 million to expand its facilities and introduce a digital presence in the metaverse. Coventry University’s decision to relaunch its AME Institute in the metaverse is
Reddam House schools are leading the charge in a rapidly evolving educational landscape by seamlessly integrating virtual reality (VR) and the metaverse into their classrooms. This approach, which has already succeeded in five international schools, is now being embraced by
Metaverse technology is creating new opportunities for teachers to inspire students, said Nick Clegg, President of Global Affairs at Meta. Clegg believes that this immersive technology has transformed ‘various areas of education in recent decades’, according to his new blog.
World over, the retail sector has seen a significant shift with shoppers adopting online shopping as opposed to traditional brick-and-mortar experiences, and another trend—metaverse shopping—is emerging. Metaverse shopping, as a new trend in the retail sector, is gaining traction, and
South Korea has taken a decisive step, instructing its local cryptocurrency exchanges to maintain a reserve of at least 3 billion won, equivalent to roughly $2.3 million. This directive, anchored in the “Virtual Asset Real-Name Account Operation Guidelines” by the
As the use of artificial intelligence (AI) and machine learning (ML) technologies grows, so do concerns about their implications for cybersecurity. According to a recent press release, global enterprise leaders now view these emerging technologies as the biggest threat to
Apple Inc. is reportedly developing its own AI chatbot known as ‘Apple GPT’ to rival OpenAI’s ChatGPT and Google’s Bard, Bloomberg News reported. Shares of Apple rose as much as 2% in Nasdaq stock market trading after the news. Apple
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