The educational sector will soon get access to Meta’s enterprise-level Quest services, the social media behemoth said on April 15. When it comes to extended reality (XR) headsets, the Quest models from this business are “by far the most popular on the market,” as Statista puts it. Moreover, by the
The World Economic Forum reports that an increasing number of American manufacturing companies are looking to the industrial metaverse to solve complicated problems that arise throughout the production cycle. The World Economic Forum (WEF) revealed in a March 12 report that 92 percent of American manufacturing executives are looking at
In a historic partnership, droppGroup, Oracle, and the Saudi Ministry of Culture are pleased to announce the opening of the Cultural Universe, the first government-run national Metaverse project in history. It is powered by droppGroup’s droppPhygital Generative Media Intelligence (GMI) AI system and Oracle’s Hyperledger Fabric 2.5 blockchain technology. In
The ZTX metaverse platform, a fast-growing Web3 ecosystem that empowers content creators, has continued to align its infrastructure and community’s mindset for the mainstream adoption of its native digital products. Having successfully raised $13 million through a seed funding round at the height of the crypto bear market, ZTX demonstrated
Despite recording its most quarterly sales ever in the Q4 of 2023, Meta’s mixed-reality arm, Reality Labs, had an operating loss of more than $4.6 billion. While Meta’s virtual and augmented reality (VR/AR) research arm, Reality Labs, lost $4.65 billion in Q4, the company’s overall revenue was roughly $1.1 billion,
The first metaverse app for the Apple Vision Pro is scheduled for release by virtual reality developer Victoria VR. The Victoria VR app will be accessible in Q2 2024, marking Apple’s first virtual reality venture, which is set to launch on February 2. The web3 application for Victoria VR will immerse users
ZTX, a well-funded metaverse platform that supports next-level immersive gaming experience, has announced that the official beta application will be unveiled next week. The long-awaited ZTX beta launch will premiere on the leading Ethereum (ETH) scaling solution Arbitrum (ARB) on a date yet to be announced. The ZTX community has
Oasys, a platform created exclusively for gaming community, has teamed up with AltLayer, a decentralized rollup interlayer. Through the agreement, blockchain game and metaverse launches on the Oasys ecosystem will be made simpler by enabling users to create Verses, or Layer 2 rollups, on Oasys with just one click, thanks
It has been revealed that social media behemoth Meta (Facebook) has abolished the department that oversees the regulation of its AI initiatives under development and deployment. Several members of the regulation AI team at Meta have apparently moved to the generative AI product team, while others have joined the AI
The ZTX Web3 metaverse project has made significant strides towards smashing its entire 2023 roadmap, and all indicators point towards further momentum. In a bid to deliver a seamless virtual reality environment for the 4,000 District Home owners and value creation for the $ZTX token holders, the ZTX team led
