Microsoft

Microsoft Shuts Down VR Metaverse, Lays off Thousands, and Invests Billions into OpenAI
AI

Microsoft Shuts Down VR Metaverse, Lays off Thousands, and Invests Billions into OpenAI

Microsoft has announced that it is shutting down its virtual social reality platform AltspaceVR, plans to lay off 10,000 employees, and is investing billions of dollars into its partnership with OpenAI.
Meta and 90 Other Tech Giants Join ‘Metaverse Standards Forum’ in Pursuit of an Open Metaverse
Metaverse

Meta and 90 Other Tech Giants Join ‘Metaverse Standards Forum’ in Pursuit of an Open Metaverse

Since its launch last week, the Forum has over 180 total members.