Metaverse

NVIDIA announced a range of developer frameworks, tools, apps and plugins for NVIDIA Omniverse, the platform for building and connecting metaverse worlds based on Universal Scene Description (USD).

NVIDIA has announced a broad initiative to evolve Universal Scene Description (USD), the open-source and extensible language of 3D worlds, to become a foundation of the open metaverse and 3D internet.

NVIDIA has announced NVIDIA Omniverse Avatar Cloud Engine (ACE), a suite of cloud-native AI models and services that make it easier to build and customise lifelike virtual assistants and digital humans.

pax.world announces its first-ever public land sale on 26 July, ahead of the virtual world's public launch, scheduled for September 2022.

Siemens and NVIDIA have joined forces to create an industrial metaverse to increase use of AI-driven digital twin technology that  the companies say, “will help bring industrial automation to a new level.” 

Swave Photonics, an innovator in Holographic eXtended Reality (HXR) technology to bring the metaverse to life, has announced a €7m seed round.

Mark Zuckerburg believes so strongly that the future is the metaverse that he changed the name of Facebook to Meta. Suddenly, an old sci-fi word has become the hottest mainstream concept with billions being invested to create its virtual worlds with hardware such as augmented reality smart glasses and full immersion artificial reality goggles.

While the metaverse will make digital experiences more immersive, inclusive, and accessible, the platform will raise social concerns ranging from data privacy to other forms of online harm, and these will only continue unless explicitly addressed within the foundations, according to GlobalData.

Virtual space metaverse GigaSpace has announced it has formed a partnership with UCOLLEX, an innovative NFT platform focused on art and pop culture collectibles.

Metaverse platform for the events and hotel sector, RendezVerse has launched at the m&i Europe Spring forum in Seville, showcasing its platform with over 300 demo trips into the metaverse while launching its initial product, the RV360.