China’s Tencent announced to its staff on Monday the official formation of an ‘extended reality’ (XR) unit, three people familiar with the matter said, formally placing its bets on the metaverse concept of virtual worlds. The unit is tasked with building up the extended reality business for Tencent including both software and hardware, the sources … Read more
Mumbai: GOQii announced an investment of $10 million with Modality Partnership in the UK. This leads to extension of engagement with the Commonwealth Moves initiative to encourage healthy lifestyle and behaviour among the youth. With this new venture, GOQii will be looking for opportunities of investment in the Caribbean region to enable local communities make … Read more
Indian biomedical tech entrepreneur Bhargav Sri Prakash has been awarded the first patent globally by the US patent office for a ‘digital vaccine’, a platform that prevents real world health issues through the metaverse. Digital vaccines use applications via smart-phones, tablets, and other similar devices for nudging positive human behaviour through neurocognitive training. Sri Prakash, … Read more
by Samar Kagalwalla In June 2020, neurosurgeons at Johns Hopkins performed the institution’s first augmented reality operations on living patients. The doctors used six screws to fuse three vertebrae in a patient’s spine to cure persistent back pain, using headsets by Israeli firm Augmedics. The latter uses a see-through eye display that projects images of … Read more
New Delhi: Health tech firm GOQii has raised USD 10 million (about Rs 76 crore) from Animoca Brands for building its health metaverse, a top official of the company said on Monday. The company had raised USD 50 million in February last year in a series C round led by Sumeru Ventures with participation from … Read more
Yes, Holi was celebrated too. It all started with Asia’s first wedding in the metaverse. Then the first Bollywood characters appeared on the platform. The first Holi party followed soon thereafter in the virtual reality world. And then the metaverse became an important space existing parallelly to the real world. When Tamil Nadu couple Dinesh … Read more
Metaverse is offering futuristic experiences to users and bringing imagination to life. Just picture this for your wedding. You have an idyllic beach as the venue for your big day, the decision for which was made at ‘Hogwarts Castle’. You also get to wear your favourite luxury brand as wedding wear, and even go for … Read more
Facebook Inc CEO Mark Zuckerberg said privacy and safety would need to be built into the metaverse, as he opened the company’s annual conference on virtual and augmented reality on Thursday. Facebook continues to battle criticism over its market power, its content moderation practices and harms linked to its social media platforms. The tech giant, … Read more