Tag: Metaverse

Meta to integrate generative AI into VR, AR metaverse games
News

Meta to integrate generative AI into VR, AR metaverse games

Meta is planning to enhance its virtual reality, augmented reality, and mixed reality games with generative AI technology as part of an effort to revitalize its metaverse strategy. According to a recent job listing, Meta is looking to research and prototype “new consumer experiences” through gameplay driven by generative AI. These games would feature elements […]

News Tech

Meta to lay off staff from Metaverse division

Meta plans to lay off staff members on Wednesday from the department of its custom silicon-making Reality Labs subsidiary that is geared towards the metaverse, according to Reuters. On Tuesday, a post on the internal discussion board Workplace of Meta alerted staff members of the layoffs. According to the article, they will find out their […]

Business

Metaverse to contribute $760bn to US GDP by 2035 – Report

A study commissioned by the owner of Facebook, Meta Platforms, has revealed that Metaverse could contribute up to $760 billion, or about 2.4 per cent of the annual US gross domestic product by 2035. The report, conducted by consulting firm Deloitte and accessed by Reuters, suggests that economic gains could come from the use of […]