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

📆 3/21/2022 10:14 AM
📰 sdut

⏱ Reading Time:
29 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 95%

United States News News

United States United States Latest News,United States United States Headlines

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

Qualcomm has set up a $100 million fund to invest in virtual and augmented reality technologies in a bid to help jumpstart the metaverse.

The company plans to deploy the Snapdragon Metaverse Fund by investing in virtual and augmented reality companies through Qualcomm Ventures — its corporate venture capital arm. 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.

Write Comment

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:

United States United States Latest News, United States United States Headlines

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

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 »