The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta, which is to say Facebook, laid off 1,500 or so employees from its Reality Labs division. A vast pool of talent wasted on Mark Zuckerberg's bet on virtual reality, it draws down a project that ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

Earlier this month, Siemens expanded its AI partnership with NVIDIA, launched its Digital Twin Composer industrial metaverse ...

To become a Vogue Business Member and receive the Technology Edit newsletter, click here. Avatar company Genies, valued at $1 billion, has set aside $500,000 to incentivise creators to make digital ...

Yat Siu outlines the evolution of Web3 and the open metaverse since 2023, examining digital ownership, economic opportunities and the growth of DAOs, cryptocurrencies and NFTs. In 2023, I gave a talk ...

Although issues such as the cost of hardware, the bulkiness of VR headsets and a lack of interoperability between ...

In the rapidly evolving landscape of technology, few concepts have captured the collective imagination as powerfully as the metaverse. This virtual universe, an extension of the Web3 framework, is ...

Imagine this: A pharmaceutical company is ready to scale up production for a new medication. Creating just one batch involves massive reaction vessels, tens of thousands of liters of ingredients, and ...