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Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round

TechCrunch

Spatial Labs , a web3 infrastructure and hardware company, announced today the closing of a $10 million seed round led by Blockchain Capital with participation from Marcy Venture Partners, the firm co-founded by Jay-Z. The metaverse to us is not a virtual space that people go to spend time in.

Hardware 290
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As healthcare goes remote, Equipt Health brings medical hardware to the home

TechCrunch

It’s no secret the pandemic has pushed healthcare to become virtual, in theory making it easier for patients to attend appointments and access the care they need. Equipt is a home medical equipment company; it aims to streamline the process for providers and patients to access medical equipment needed for care.

Hardware 227
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Will VMWare’s licensing changes push devirtualization of data centers?

CIO

The landscape of data center infrastructure is shifting dramatically, influenced by recent licensing changes from Broadcom that are driving up costs and prompting enterprises to reevaluate their virtualization strategies. Clients are seeing increased costs with on-premises virtualization with Broadcom’s acquisition of VMware.

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How Nvidia became a trillion-dollar company

CIO

How Nvidia got here and where it’s going next sheds light on how the company has achieved that valuation, a story that owes a lot to the rising importance of specialty chips in business—and accelerating interest in the promise of generative AI. Efforts to stay in the $1T club Nvidia is driving forward on many fronts.

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Transfr raises $12M Series A to bring virtual reality to manufacturing-plant floors

TechCrunch

In order to recover, companies must focus on re-skilling their workforces in a measured and sustainable way. However, training and recruitment can cost hundreds of thousands of dollars for companies, a heavy investment that is hard to explain during volatile times. The company raised money in August to expand to Asia.

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YC and a16z back virtual reality basketball app Gym Class

TechCrunch

spending billions of dollars on virtual reality tech every fiscal quarter, the wider VR startup ecosystem has been having a tough few years coming down from the highs of 2016, when investors dumped money into the sector expecting Oculus-sized returns only to see most of their investments slowly wilt away. Despite Zuckerberg & Co.

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Disney-backed Inworld raises new cash for its AI-powered virtual characters

TechCrunch

The brainchild of Ilya Gelfenbeyn, Michael Ermolenko and Kylan Gibbs, the startup’s AI-powered service generates virtual characters primarily for games, but also in broader entertainment and marketing campaigns. “ Inworld is a creative platform for building virtual characters for immersive realities. .