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Microsoft Reportedly Disbands Its Industrial Metaverse Team
Sources claim that the tech giant has disbanded the team and laid off all of its members.
Devs Are Skeptical about the Potential of the Metaverse, Survey Reveals
A recent survey of over 2,300 game developers shows that many game makers are not convinced by the hype surrounding the metaverse. Additionally, they are not particularly interested in the possibilities of blockchain technology.
NVIDIA Omniverse Avatar Cloud Engine Available in Early Access
Easily create avatars compatible with Ready Player Me and MetaHuman.
NVIDIA Omniverse Introduces Blender Enhancements and New Generative AI Tools for 3D Artists
New Blender AI add-ons, Ada Lovelace support, and free 3D USD assets are now available to GeForce RTX users.
Meta Has Launched Meta House
Meta House is showcasing various mixed reality experiences including installations from emerging VR/AR artists.
Sony Introduced Mocopi, Motion Trackers for Creating Metaverse Avatars
The set of wearable motion trackers should simplify the process of motion capture for 3D avatars and make it more accessible to the public.
Meta's Shares Plunge by 25%, Zuckerberg Asks Investors for Patience
The company's big bet on the metaverse led to skyrocketing costs and drops in revenues which resulted in its shares nosediving 25% in one day.
Horizon Worlds Is Reportedly Falling Short of Meta's Performance Expectations
The alleged internal documents reveal that Meta's "flagship" metaverse app Horizon Worlds could not reach the expected MAU as well as almost doesn't have returning users.
People React to Meta's New Leg Announcement
Social media users reacted to Meta's announcement that Horizon Worlds avatars will be getting legs now, mocking this "innovative" feature.
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