Meta’s Zuckerberg continues to pour billions into virtual reality Multiverse

Virtual reality - Funding - VR Tech

Despite the massive expense and the lack of popularity and interest, the CEO isn’t giving up. Meta, Facebook’s parent company, has been dumping billions of dollars into the development and production of virtual reality hardware, software and experiences, even as consumers remain essentially disinterested in taking part. From 2019 through 2022, Meta poured a tremendous $36 billion into its VR-focused division. The company’s CEO Mark Zuckerberg has been highly enthusiastic about virtual reality technology and has been convinced that the world will follow. That said, even when the company’s Quest…

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Meta wants its VR technology to provide realistic hands

VR Technology - Mega Logo on T-Shirt

The Facebook parent company feels that people will respond well to having accurate virtual reality hands. Since people communicate and identify with their own unique hands, Meta is currently researching strategies to make hands as realistic and accurate as possible using their VR technology. Researchers have found that people relate very closely to their specific hands and how they look and move. A team of researchers from the Codec Avatars Lab at Meta joined those at Nanyang Technological University in presenting a new research paper unveiling URHand. The name is…

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Amazon and Panasonic collab on content suggesting smart TV tech

Smart TV - Handshake - Collaboration

The companies unveiled their flagship model of the OLED device at CES. Amazon and Panasonic Holdings have announced that they are collaborating on a project for the production of a smart TV line that will be able to recommend content to viewers based on their watch history. The Japanese electronics company has been working on a strategy to enhance its TV software. Earlier this month at CES, the companies unveiled their flagship smart TV model, which is an organic light-emitting diode (OLED) screen equipped with the Fire TV streaming technology…

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DeepSouth AI supercomputer to become first at a human brain scale

AI supercomputer - Hand holding up digital brain

The technology is under development by Western Sydney University and will go live in 2024. Scientists in Australia at Western Sydney University are currently developing an AI supercomputer called DeepSouth, which it expects to be as powerful as the human brain. A human brain is exceptionally energy efficient for the amount it can accomplish per watt of power. To process the equivalent of a billion-billion (also known as an exaflop) mathematical operations per second, the human brain requires only 20 watts of power. The researchers are now working on creating…

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Black Friday shoppers looked to mobile commerce in record numbers this year

Mobile commerce - Black Friday Sale on smartphone

Consumers overall looked to the internet to provide them with the deals they wanted from the sales. This year, online shopping on Black Friday rose by 7.5 percent over last year on the same day, including buying on laptops, computers and mobile commerce. Total estimated sales on the one day were $9.8 billion in the United States, said Adobe Analytics. This is a further indication that online and mobile commerce are highly appealing to consumers and that they will look there first for many of the deals they’re hunting for.…

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