Mark Zuckerberg went bullish on the metaverse tech when he rebranded Facebook to Meta in September 2021. Despite incurring back-to-back losses in its metaverse-dedicated unit, Zuckerberg has kept his faith on this branch of emerging technology intact. On September 28, the 39-year-old CEO appeared for a podcast interview with YouTuber and AI researcher Lex Fridman. …
For companies playing with virtual reality as disparate as plane-maker Boeing and online-gaming platform Roblox, forays into the so-called “metaverse” have come with equal parts promise and peril. The U.S. aviation giant is looking to digital technology to accelerate production of new aircraft, said Susan Doniz, Boeing’s chief information officer, at the Reuters Momentum conference …
Aditya Birla Sun Life Insurance (ABSLI) has achieved a significant milestone by becoming the first private life insurance company in India to enter the Metaverse. Through the launch of its 3D virtual lounge, called InsureVerse, ABSLI aims to provide customers with a unique and immersive multisensory experience, allowing them to interact with Life Insurance experts …
The British Museum, located in London, is set to enter the metaverse. This historic institution, which has been the home of British history since the 18th century, will now have a presence in The Sandbox, a platform that offers a fully functional virtual universe where entities can exist as avatars. The British Museum’s decision to …
India’s Home Minister Amit Shah has made a thought-provoking comparison between the threats posed by cryptocurrency and the metaverse to the dangers of dynamite explosions and hawala cases. Shah emphasized the need for a global strategy to address the growing vulnerabilities in widely used cyber networks. As part of its role in the G20 presidency, …