Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. According to reports, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, as part of the 10,000-person layoff rounds announced in January.Microsoft, the Washington-based software giant, seems to be abandoning the metaverse in favor of other initiatives.
The group, which was formed just 4 months ago, served as a bridge for the implementation of metaverse interfaces to control electrical power plants, industrial robotics, and transportation networks. The division was part of the efforts directed to bring the metaverse to industrial environments byThe 100 employees that were part of the group were laid off. However, Microsoft has said that the products built by the group will continue to be supported in the future.
Microsoft had previously announced a round of 10,000 layoffs as part of a restructuring process in January.The recent turn of events suggests that Microsoft is taking part of its resources from metaverse initiatives to put into other areas like artificial intelligence . Earlier indicate that other metaverse projects have been affected by Microsoft’s cuts, with employees from metaverse platform Altspacevr — which announced its closure by March —and the Mixed Reality Tool Kit, also being laid off.
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I believe that Mejhool_app will set new rules for the philosophy of communication on web3
Hzm Coin owns the Metaverse project, Kingdom of Nemoland, the first integrated Arab virtual world in the 2D stage, the stage of land reservation. Through the Nemoland platform, you can trade in virtual lands
Virtual reality jobs huh? I'd say AI will be able to do it then easily.
This is exactly why I only trust ChiefraFba for signals and analysis
Totally agree, but I only use ChiefraFba for signals and analysis
and behind closed they invest billions into the metaverse....wich they wanne sell to the people with 10.000 % who the hell beliefs these people anymore what a joke these leftwing outlets
How will this affect the fortnite item shop?
Old news ?
Metaverse is pointless without full VR tech
$sand $mana in danger
This is exactly why I only trust ChiefraFba for signals and analysis