The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...

When Disney shut down its metaverse division on March 28, 2023, the end of the 50-person division was interpreted as doom for the metaverse, the over-hyped universe of virtual worlds that are all ...

Gamefam, a leading American game developer and strategist, has released its first State of Brands in Metaverse Gaming end-of-year report looking at how successful brands were in their crossover into ...

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

Peer Global Inc announced today that it has raised $10.5 million in its latest round of funding for its metaverse game engine, which it plans to use to build out its team and to accelerate AI product ...

According to MarketsandMarkets™, the global Metaverse Market size is expected to grow from USD 83.9 Billion in 2023 to USD ...

The metaverse has lost its magic for investors as artificial intelligence replaces it as the hottest investment trend. But Sebastien Borget is undeterred. The cofounder and COO of Hong Kong-based the ...

Editor's note: Viewing this story in our app? Click here for a better experience on our website. In 1998, North Carolina’s Epic Games achieved its first big hit with Unreal, a first-person shooter ...

A video game-like training simulator for Air Force pilots will give them a major advantage in real-life combat campaigns, a former F-22 pilot told Fox News. The military metaverse is a virtual space ...

Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.