Qualcomm bets on the metaverse with a $100-million investment fund

  • 📰 latimes
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 82%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Snapdragon Metaverse Fund aims to jumpstart virtual reality and augmented reality outfits toward creating foundational technologies and content for the metaverse.\r\n•

In broad terms, it’s a virtual world where users can interact digitally as they would in the real world. Augmented and virtual reality are part of the metaverse. The most common application for now is gaming. But the potential uses span a range of fields and interests.

Using virtual reality, consumers could take lifelike virtual tours of homes for sale or wander through hotels virtually before booking. They could get multiple camera angles at sporting events. Augmented reality glasses could translate signs and menus as overseas travelers stroll through town, or they could overlay instructions on glasses for repair crews fixing equipment.

Qualcomm supplies core technologies critical to the metaverse, including 5G connectivity, artificial intelligence and virtual/augmented reality processors and software. It has supplied chips and software to top virtual reality headset makers for quite a while now. Expansion of this technology is key piece of Qualcomm’s efforts to diversify its business beyond smartphones. At January’s CES in Las Vegas,to expand mobile technologies beyond smartphones and deeper into cars.

“Through the Snapdragon Metaverse Fund, we look forward to empowering developers and companies of all sizes as they push boundaries of what’s possible as we enter into this new generation of spatial computing,” Qualcomm Chief Executive Cristiano Amon said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good since Qualcomnn I think is still headquartered in San Diego or has some connections still to San Diego. Too much of the tech industry in California is connection to Silicon Valley or LA.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Qualcomm bets on the metaverse with a new $100 million investment fundSnapdragon Metaverse Fund aims to jumpstart virtual reality and augmented reality outfits toward creating foundational technologies and content for the metaverse.\r\n•
Source: sdut - 🏆 5. / 95 Read more »

Qualcomm bets on the metaverse with a new $100 million investment fundSnapdragon Metaverse Fund aims to jumpstart virtual reality and augmented reality outfits toward creating foundational technologies and content for the metaverse.\r\n•
Source: sdut - 🏆 5. / 95 Read more »

Metametaverse Secures $2 Million — Aims to Achieve Metaverse Interoperability – Finance Bitcoin NewsMetametaverse, a company founded by Joel Dietz, one of the architects of Metamask, wants to provide a tool to make all these metaverses interoperable. Great move!!! This will expand EVERYTHING related to, that corresponds to CRYPTO * META-LAND * NFTs* Klever is building true interoperability 🥷💣💎 and that they are insecure 😂🤣😂🤣😂🤣😂🤣
Source: BTCTN - 🏆 531. / 51 Read more »