Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse – an enhanced virtual reality for companies to reduce the costs of running their factories, buildings and speed up new product design. The deal is a cornerstone of Siemens Xcelerator, a new open digital platform also launched by the […]
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The telecom evolution has been happening at a considerably fast pace. Civilizations flourished around the latest advances in technologies that allowed communications between distant parties. From smoke signals to pigeons and hawks, wireless communications went through several stages of evolution until reaching the current global connectivity we enjoy. The impact of telecommunications on society has […]
LincTex Digital, best known for developing its virtual try-on technology for fashion e-commerce, raised $100 million in a fund-raising round led by Hillhouse Capital and CDH Investments, according to the company’s official WeChat account. The money has been earmarked for international expansion and a further shift into the digital fashion realm, it said on Tuesday. […]
The technological evolution has been outpacing virtually any other field, most noticeably law and ethics. The alarming disparity between these different areas raises a question related to the uncontrollable effect the technological advances would have on the users themselves. Although ethics and ethos come from the same Greek root ēthikós which relates to morality and […]
Facebook owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday. Virtual outfits designed by fashion brands Balenciaga, Prada and Thom Browne will be available for purchase to start, said Zuckerberg, speaking in a live video stream with Instagram’s head […]
The world has been living under the charm of 5G for about three years now. Operators have been deploying and upgrading their networks, experimenting with different configurations, and bands to extract the maximum performance of the network. Concurrently, businesses have been trying the exploit the tiniest feature of the standard to generate new revenue streams. […]
How can augmented reality be used in the construction industry, a field that has maintained relatively similar technology over the past decades? 3D printing and modular building are new trends in some types of construction, but what does the application of augmented reality in construction look like? In a world of rapid digital transformation and […]
Facebook parent Meta Platforms Inc will use Broadcom Inc’s custom chips to build its metaverse hardware, becoming the chipmaker’s next billion-dollar ASIC customer, analysts at J.P. Morgan said on Tuesday. ASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its deals with Meta and […]
Gamified Finance, or GameFi, is erupting in the crypto world and represents the most prolific use of Non-Fungible Tokens (NFTs) today. It is a beautiful mix of two of people’s favorite things in life; Money and video games. 2022 GameFi crypto projects go beyond the mindless money-hungry phone tapping and produce video games that focus […]
Google’s cloud division announced the launch of an internal team tasked with building services for blockchain and Decentralized Application (DAO) developers. The decision to create Google Web3 solutions comes at a time of increased interest, activity, and use of crypto, blockchain, and Web3 tools. Amit Zavery, Vice President of Web3 Infrastructure at Google Cloud, allegedly […]