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Luxury Brand Valentino Launches Meta Avatar Clothing

Meta and Italian luxury brand Valentino have partnered to launch a new line of digital clothing on the company’s Avatar Store. When the Meta Avatars Store launched in late 2022, the company offered digital outfits from a number of luxury clothing brands, including Balenciaga, Prada and Thom Browne. Now the prestigious Roman fashion house is among them, bringing a […]

Road to VR & Scott Hayden

Ready Player Me Raises $56M to Expand Cross-game Avatar Platform
Ready Player Me, a company focused on bringing cross-platform avatars to VR and beyond, announced it’s closed a $56 million Series B round. The round was led by Andreessen Horowitz (a16z), with participation from investors including Roblox co-founder David Baszucki, Twitch co-founder Justin Kan, King Games co-founders Sebastian Knutsson & Riccardo Zacconi, sports and entertainment company […]

Road to VR & Scott Hayden

Designing the metaverse: Challenges and questions

From a design, content and UX perspective, the metaverse carries some unique challenges that do not exist anywhere else. AR/VR – VentureBeat & Michal Turjeman, Minute Media

Genies Secures $150M Series C to Expand Development on Metaverse Avatars
Genies, a 3D avatar company, announced it’s raised a $150 million Series C investment, something it says will be used to hire more engineering talent and continue development on its non-fungible token (NFT) based “avatar universe.” The round was led by private equity firm Silver Lake, and includes participation from existing investors BOND, NEA, and Tamarack […]

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Road to VR & Scott Hayden

Salesforce offers the Glue for virtual collaboration

Salesforce has implemented virtual collaborative tools developed by Finland company Glue Corporation. These create ‚true presence‘ with spatial audio and customizable, 3D avatars that mimic the gestures and movements of their users . AR/VR – VentureBeat & Taryn Plumb

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3 Reasons Why We Need Avatars In Video Conferencing

In a survey conducted across India, 95% of the participating companies responded in favour of continuing remote working or a hybrid working style, moving forward. With the growing reliance on online video conferencing for daily communication, a large c… Virtual Reality Augmented Reality Technology Latest News & Shobhit Saxena

Inworld AI joins metaverse innovation with AI-driven virtual characters

Inworld AI announces plans to populate the metaverse with AI-driven virtual characters, and raises $7 million. AR/VR – VentureBeat & Tim Keary

Inworld AI joins metaverse innovation with AI-driven virtual characters

Inworld AI announces plans to populate the metaverse with AI-driven virtual characters, and raises $7 million. AR/VR – VentureBeat & Tim Keary

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Verizon taps Dreamscape Immersive for VR content for 5G

Verizon Communications has tapped Dreamscape Immersive to make virtual reality experiences in rich environments for 5G networks AR/VR – VentureBeat & Dean Takahashi

Facebook Gives Sneak Peek of New Avatar System for Quest, Watch It Here
At the all-digital version of SXSW 2021 today, Facebook’s Mark Rabkin, VP of Oculus, showed off an upcoming new version of its avatar system on Quest. In his chat with CNET’s Scott Stein, called The Quest Effect: Inside VR’s Next Chapter, Rabkin revealed the company’s next avatar system. It’s slated to arrive first on its […]

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Road to VR & Scott Hayden