Hyderabad (Telangana) [India], December 1 (ANI/PRNewswire): CIE (IIITH Foundation), the Center for Innovation & Entrepreneurship of IIIT Hyderabad, has been selected for the Startup India Seed Fund Scheme by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India.
For the second time, Facebook connect was conducted virtually. The main theme of the event revolved around the Metaverse, its development, and its features. However, it ended with Facebook’s rebranding to ‘meta’. Here’s a detailed scoop on what happened at the event. Facebook is now Meta While expected, one of the most shocking announcements from […]
The term “Metaverse” is derived from the 1992 science fiction novel Snow Crash written by the famous American science fiction novelist Neal Stephenson. In the book, Stevenson describes a network world parallel to the real world — the meta-world, in which all the people in the real world have an “Avatar”. Stephenson’s meta-world is the […]
With the access of VR/AR, scene experience projects have once again got attention. 5G getting more mature, its application will make progress in acceleration, and the virtual space will gradually become the real world. Recently, a new application has received widespread attention. Virtual plus real forms of presentation has a strong sense of technology and […]
Recently, market research firm ARtillery Intelligence released its global mobile AR market revenue forecast report. The report shows that the global mobile AR market revenue is expected to grow from $6.87 billion in 2020 to $26.05 billion by 2025, at a CAGR of 30.5%. The total includes mobile AR consumer and enterprise spending and its […]
Since 2016, competition in the AR and VR industry has been very serious, with many hardware manufacturers who could not afford high R&D costs and virtual reality companies without senior R&D capabilities heading for extinction. After natural competition and elimination through the market, market sentiment is now rising and the scale of investment and financing […]
With the rapid development of 5G, the VR/AR industry and online games will be the first to be applied on the ground. As one of the most anticipated 5G application scenarios in the industry, VR/AR will usher in an “explosive period” in the future with the pace of 5G commercialization and ecological maturity. In the […]