Study shows metaverse may account for 2.4 percent of US GDP by 2035
A new study commissioned by Meta Platform suggests that the Metaverse could contribute as much as $760 billion, or about 2.4 percent of the US GDP by 2035. The Deloitte report highlights the potential...
Google launches next-generation AI tool, PaLM 2
Google has launched PaLM 2, a next-generation large language model that the company claims will surpass the performance of top systems on some tasks. The company unveiled the avant-garde artificial intelligence at its yearly...
KPMG Study Shows Almost Half of UK Consumers See Metaverse in Their Future
As the metaverse gets increasingly popular globally, a new KPMG study has found that almost half of UK consumers believe that the metaverse will become widely used in the next 10 years. The research...
How Fraudsters Use AI to commit email fraud
The rise of Artificial Intelligence (AI) has revolutionized many aspects of our lives, from the way we communicate to the way we work. However, this technology is not without its risks. As AI has...
Alibaba Cloud builds Cloudverse on Avalanche
Alibaba Cloud has built a Launchpad, Cloudverse, and hosted on Avalanche, allowing businesses to deploy metaverses on the layer 1 blockchain.A crypto launchpad, sometimes called a crypto incubator, is a decentralized exchange (DEX)-based platform...
USC announces $1 billion-plus Initiative for AI, AR, VR, blockchain, robotics and gaming.
The University of Southern California (USC) has launched a new initiative named “Frontiers of Computing”. The initiative aims to enhance education and research in the fields of computing, including AR, VR, AI, data science,...
$16 JioDive VR Headset Challenges Established Players in the Market
Indian billionaire Mukesh Ambani’s company, Reliance Industries, has launched JioDive, a virtual reality (VR) headset that promises an immersive entertainment experience at a much lower price point than competitors in the VR headset market....
Saudi Arabia’s CST and the ITU discuss how metaverse can help achieve SDGs
Saudi Arabia’s Communications, Space and Technology Commission, in partnership with the International Telecommunications Union, recently held an online event to discuss the potential of metaverse technologies in smart cities. The conversation centered around how...
New Immersive Virtual Reality Experience set to launch on Sandbox VR
Sandbox VR, the world’s leading virtual reality game company, has launched its latest immersive virtual reality game, “Seekers of the Shard: Dragonfire.” Interestingly, the game is set in a fantasy world where players form...
Research reveals listening to music can ease Cybersickness
As technology continues to advance and people become more reliant on digital devices, the risks of cybersickness, also known as virtual reality sickness, are increasing. Cybersickness is a form of motion sickness that occurs...