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Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group
13.2.2023
Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. According to reports, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, as part of...
Microsoft Pulls the Plug on Industrial Metaverse Team – Here's What Happened
11.2.2023
Microsoft has discontinued its Industrial Metaverse Core team, a four-month-old project aimed to encourage the use of the metaverse in industrial environments.
According to a Thursday report by The Information, the tech giant has also laid off employees working on the project, which amounts...
Microsoft Disbands Industrial Metaverse Project: Report
10.2.2023
The 100 members of the team have all been laid off, according to the report, according to a person with direct knowledge of the matter
WEF Predicts Metaverse Tech Will Change Industry First, Moving to the Consumer Space Later
17.1.2023
The World Economic Forum (WEF) has published an article predicting how metaverse tech will evolve and how it will be introduced in different sectors. For the organization, the biggest impact of the implementation of this tech will be observed in industrial environments, where it will contribute...
Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025
15.11.2022
Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to the company, this digital twin replica will allow it to save $330 million by 2025, diminishing warranty expenses...
Nokia Believes the Metaverse Will Replace Smartphones in the Future
25.10.2022
Nokia, one of the first companies to manufacture a consumer-grade mobile phone system, now believes the metaverse will cause phones to become deprecated. These metaverse experiences will be powered by the use of virtual reality (VR) headsets and augmented reality glasses, and will allow users...