In the latest development for the 3D design and visual effects (VFX) industry, Foundry’s release of Nuke, a compositing tool, brings enhanced support for Open Universal Scene Description (OpenUSD). OpenUSD, initially developed by Pixar, has evolved beyond its animation roots,
Meta has updated its VR framework to include tongue movement tracking for avatars. This development is part of the company’s efforts to enhance facial recognition capabilities within virtual reality, aiming to offer more lifelike avatars through accurate representation of speech
The emergence of metaverse casinos is ushering in immersive gaming experiences. Powered by blockchain technology and enhanced by Augmented Reality (AR) and Virtual Reality (VR), metaverse casinos are changing how people engage with casino games, blending the virtual and real
The gaming landscape is shifting into Web3, with players like Microsoft, Sony, and others exploring blockchain technology and its applications. Per Forbes, these moves signify a new era where digital assets could seamlessly move across various devices, from consoles to
The digital realm has dramatically impacted various sectors, and the maritime industry is no exception. With the rise of the metaverse and NFTs, yachts have found a new virtual dimension. Notably, Andy Waugh’s Skyline 14 stands out as an exemplary
Sony Pictures and Spyglass Media Group launched the horror gaming metaverse ‘Survive Thanksgiving’ on Tuesday. The companies worked with AI and metaverse development firm MeetKai to create immersive experiences based on the upcoming horror flick ‘Thanksgiving.’ Thanksgiving is set in
Nomura, in collaboration with its subsidiary Laser Digital, unveils a traditional Japanese botanical garden experience in The Sandbox metaverse. The immersive venture aims to integrate heritage, sustainability, and digital asset exploration. While the initial enthusiasm surrounding cryptocurrencies and the metaverse
Meta’s third quarter revealed significant financial blows, particularly within its metaverse-focused Reality Labs division. Despite earning $34.1 billion in total revenue, according to their third-quarter 2023 results, a growth of 23% from the prior year, the Reality Labs sector plummeted
ByteDance, the parent company of social media juggernaut TikTok, has vehemently dismissed rumors suggesting the potential shutdown of its VR enterprise, Pico. With Pico headsets dominating 58% of the VR market in China, ByteDance’s affirmation comes at a pivotal time,
In a riveting discussion at The Future of Gaming conference this month, the metaverse—a term that has stirred up the world of gaming and tech—found itself at the center of a heated debate. On one side of the spectrum, Shay
The United States Federal Communications Commission (FCC) has made a pivotal decision that promises to shape the trajectory of augmented and virtual reality (AR/VR) technologies. By allowing low-power wearable technology to access the 6 GHz frequency band, a new era
At the forefront of the tech revolution in legal resolution, Dubai is pioneering a path that could reshape how rental disputes are settled globally. The Dubai Land Department’s Rental Dispute Centre (RDC) has rolled out its “Metaverse Litigation” platform. Per
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