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Loft Dynamics raises $20M to tackle pilot shortage with VR training

TechCrunch

Loft Dynamics , a Swiss startup creating virtual reality (VR) simulation technology for helicopter pilots, has raised $20 million in funding from U.S. H125 VR simulator. Other companies are using VR simulation to tackle similar workforce shortage problems or otherwise enhance existing training programs.

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AI voice, synthetic speech company LOVO gets $4.5M pre-series A funding

TechCrunch

With the mission, LOVO allows enterprises and individual content creators to generate voiceover content for using in marketing, e-learning, customer support, movies, games, chatbots and augmented reality (AR) and virtual reality (VR). Hunt, Bouncer, CPA Canada, LG CNS, and South Korea’s Shinhan Bank, Lee mentioned.

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Temasek’s Pavilion Capital backs South Korean AI chip maker Rebellions with $50M investment

TechCrunch

Semiconductors, which have become a valued asset, are used in virtually almost every industry, including 5G networks, automation, the Internet of Things, financials, smart homes, smart cities, virtual reality (VR), augmented reality and self-driving cars. by the end of this year, Park continued. .

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Varjo, an early mover in building XR headsets and software for enterprises, taps $40M

TechCrunch

Varjo describes the latter two as strategic: It’s not clear how the Swiss finance and banking giant is working with Varjo, but Foxconn is a potential manufacturing partner for its devices, CEO Timo Toikkanen said in an interview. Toikkanen believes that prescience has been integral to its success. Image Credits: Varjo.

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Metaverse: The time for CIOs to experiment is now

CIO

Right now, the metaverse is essentially an undefined amalgam of technologies and concepts including but not limited to augmented reality (AR), avatars, blockchain, cryptocurrencies, extended reality (ER), mixed reality (MR), NFTs (non-fungible tokens), virtual reality (VR), and Web3.

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Is Custom Web App Development Popular During COVID-19?

The Crazy Programmer

Crucial services like banking, food delivery, healthcare, and retail are now possible online through Artificial intelligence. Augmented Reality AR/VR. User experience is also made easy with the help of AR and VR. Conferences will be virtual. In the future; Remote digital teamwork will be the norm. Final Thoughts.

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Virtual reality in banking. How are we going to visit the bank in the future?

Strategy Driven

Perfect examples of the implementation of these visionary ideas are virtual and augmented reality. Although these technologies are similar, they offer different types of experiences for users: Virtual Reality (VR) is completely computer generated, while Augmented Reality (AR) superimposes selected images over the user’s field of view.

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