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Metaverse
Facebook Parent Meta’s Metaverse Unit Lost $13.7B Last Year
According to its earnings release Wednesday, Meta Platforms (META)'s Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, lost $13.7 billion in 2022. "The Hash" panel discusses the outlook for Meta's metaverse ambitions.
Company Linked to Tom Cruise Deepfake Addresses Ethical Questions Around the Technology
London-based company Metaphysic is developing AI for hyperreal virtual experiences in the metaverse. Co-Founder Tom Graham addresses the ethical dilemma around using deepfake technology and how blockchain could potentially create digital identity rights.
Metaphysic Co-Founder on Building Ethical AI in the Metaverse
Metaphysic, the London-based tech firm is partnering with Creative Artists Agency to develop generative artificial intelligence (AI) tools and services, while working with Miramax to develop hyperreal content for the upcoming feature film "Here." Metaphysic co-founder Tom Graham shares insights into the impact of AI on the media industry, the importance of responsible AI, and the future of hyperreal technology in the metaverse.
21.co’s 2023 Crypto Outlook
21.co co-founder and CEO Hany Rashwan joins “First Mover” to discuss its report on the state of crypto, focusing on macroeconomic conditions and regulation. He shares 21.co’s predictions on bitcoin's price action, OFAC sanctions and the developments in the metaverse. Plus, the possibility of a bitcoin ETF in the US.
Web 2, Meet Web3
Kelly DiGregorio (Polygon), Marc Mathieu (Salesforce), Maya Draisin (TIME) and Joe O'Rourke (Forum3) join CoinDesk anchor Christine Lee at CES 2023 in Las Vegas to discuss what they’ve learned from experiments with the metaverse and NFTs, and what mass adoption would take as we cruise toward the Web3 world.
Davos 2023: Future of the Metaverse
While corporations have gone risk-off with crypto, there is growing comfort with the metaverse, gaming, and Web3. Data from CoinDesk's Market Index shows that the Culture and Entertainment sector, which contains media, content, and gaming projects, is up roughly 46% in 2023. Saro Mckenna, Alien Worlds Co-Founder, shares her outlook on the metaverse and gaming industry during the World Economic Forum in Davos, Switzerland.
Future of the Metaverse Amid Crypto Winter
Sebastien Borget, Co-Founder of The Sandbox and President of the Blockchain Game Alliance, alongside Saro McKenna, co-founder of Alien Worlds, join "First Mover" live from Davos 2023 to discuss the outlook for development and adoption of the metaverse and blockchain gaming. Plus, reactions to South Korea launching a metaverse replica of Seoul.
IBM Executive on Enterprise Use Cases of NFTs and Metaverse
IBM has a number of patents on NFTs. Shyam Nagarajan, IBM Consulting Executive Partner, Blockchain, Web3.0, Metaverse and Sustainability, discusses the future of the technology, saying, "it's going to be for enterprise use cases," naming healthcare records as an example. Plus, Nagarajan discusses IBM's metaverse strategy.
IBM Executive on the Future of Web3
Shyam Nagarajan, IBM Consulting Executive Partner, Blockchain, Web3.0, Metaverse and Sustainability, discusses the future of enterprise blockchain, CBDCs, and Web3 at the annual World Economic Forum in Davos, Switzerland. Plus, IBM's sustainability efforts and insights into discontinuing blockchain-enabled shipping solution TradeLens.