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Rec Room raises $145M at a $3.5B valuation for its user-generated, immersive gaming platform

TechCrunch

On the heels of Roblox hitting it big with its platform for user-created gaming content, another startup has landed a major round of funding to build out its own user-generated platform aimed at immersive experiences. billion valuation. There are some 12 million rooms on the platform already, Rec Room said.

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Daily Crunch: China criticizes India for ‘frequent investigations’ of local Chinese firms

TechCrunch

Level up your avatar : Reddit is getting deeper into the NFT game by launching a new avatar marketplace, Ivan writes. Another one gets the horn : Tebra, an operating system for independent healthcare providers, is now a unicorn after taking in over $72 million in equity and debt, Catherine writes. . The advantages?

Insurance 234
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How Much Does It Cost to Create a Mobile VR App?

Mobilunity

When looking at the future of the technology industry, virtual reality (VR) is seen as one of the leading fields. As a result, businesses are increasingly looking to hire virtual and augmented reality developers for new and innovative VR apps. The global virtual reality (VR) and augmented reality (AR) market was expected to reach 18.8

VR 52
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Why Adopting New Technologies like AR and VR are Essential for Your Business?

Trigent

In that case, it is essential to understand why companies consider adopting new technologies or digital transformations like Augmented Reality (AR) and Virtual Reality (VR) to meet customer needs. While AR and VR offer many revolutionary experiences, XR is based on the same technologies. million VR users and 110.1

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Radar Trends to Watch: June 2022

O'Reilly Media - Ideas

It’s claimed that these systems can be trained to perform game-playing tasks significantly faster than traditional AI. It is a single model that can solve many different kinds of tasks: playing multiple games, labeling images, and so on. VR/AR/Metaverse. DeepMind has created a new “generalist” model called Gato.

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Radar Trends to Watch: June 2023

O'Reilly Media - Ideas

By the time you read this, Apple may have announced their ultra-expensive, ultra-stylish AR headset; that may be enough to break the Metaverse out of its AR/VR winter. MLC LLM , from developers of Web LLM , allows many different combinations of hardware and operating systems to run small large language models entirely locally.

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Radar trends to watch: December 2021

O'Reilly Media - Ideas

Out of the other side of their mouth, they have said this announcement doesn’t apply to Meta , which will use this model to produce VR products. An AI system to give ethical advice gives unethical advice. What’s concerning isn’t the bad advice so much as the naiveté of the research project. Programming.

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