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Is this the end of the metaverse?

Hypergrid Business

Last Friday , AltspaceVR announced that will be shutting down its virtual environment in March. AltspaceVR was a consumer-focused immersive space that could be accessed either via the desktop or through a virtual reality headset. In an SEC filing last Wednesday , Microsoft said it will lay off 10,000 employees.

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The Future Is Now: 2023 Metaverse and XR Predictions Worth Looking Into

ARPost

Metaverse Tech Will Be Built and Used by a More Diverse Group of People John Payne, CEO of Croquet , believes that metaverse technologies will be built and utilized by more diverse groups. We’re already seeing key metaverse players coming together in the collaboration between Meta and Microsoft.

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Igloo Vision Stirs XR World With London Open House Demo

XR Today - Mixed Reality tag

Additionally, the room incorporates a Lenovo ThinkSmart Teams Room device, Crystal Vox Loqui 1 Speakers, a Sennheiser TeamConnect Ceiling mic, and a Sony digital camera. Also, it revealed how users could incorporate Meta Quest virtual reality (VR) headsets into the immersive space via the company’s Connec2 XR collaborative platform.

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30 Best VR Games for PlayStation VR, Oculus Rift, and HTC Vive in 2018

VeeR VR

However, when an NPC directly talking to your face, it’s hard not to develop trust in the virtual environment. Developer(s) : Mojang, Microsoft Studios , Sony Computer Entertainment. Platform(s) : PlayStation 4, Xbox One, Microsoft Windows. Microsoft Windows Mixed Reality. Minecraft In 360º VR. Ninja Theory.

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The State of Eye/Hand-Tracking Technology for Enterprise in 2023

XR Today - Mixed Reality tag

Although, with more recent commercial headsets like the Meta Quest Pro and Sony’s PSVR 2, the technology is finding a home in affordable immersive products. This will enable more immersive experiences for users, allowing them to interact with virtual objects in a way that feels natural and intuitive.

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Eye/Hand-Tracking: XR Today Expert Roundtable

XR Today - Mixed Reality tag

Although, with more recent commercial headsets like the Meta Quest Pro and Sony’s PSVR 2, the technology is finding a home in affordable immersive products. Eye tracking technology detects where a user is looking and simulates that in a virtual space, which developers can leverage for UI, avatar interactions, or gameplay loops.

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Big News from XR Awards, Microsoft, Meta, and Sony

XR Today - Big XR News tag

XR Awards Winners Announced The XR Awards 2023, alongside an esteemed group of industry expert judges, revealed this year’s winners across 16 categories that showcase the best and brightest the space has to offer. New updates to Microsoft Mesh allows remote workers to add immersive experiences to private previews on the platform.