King River Capital, Immutable, and Polygon Labs have teamed up to launch the $100M Inevitable Games Fund (IGF

Wanda Meloni
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FUNDING
This web3 fund brings together Immutable and Polygon Labs who will identify opportunities for investors across the ecosystem. Managed by King River Capital, with support from Immutable and Polygon Labs, the fund targets high-growth prospects in the web3 gaming space. IGF's investor base comprises select professional and sophisticated investors, with an initial cap set at […]
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Virtual Reality Labs Powered by WorldViz Publish Over 560 Research Studies

Autodesk closes PIX acquisition

News Desk
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ACQUISITIONS
Autodesk, Inc. has acquired the PIX business of X2X. PIX stands as a production management solution facilitating secure review and content collaboration between creatives and executives in the media and entertainment industry throughout the production process. The decision to acquire PIX aligns with Autodesk's findings from its 2023 State of Design and Make report, which […]
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Major retail players reversing their metaverse strategies

Adobe Integrates Firefly Generative AI Into Substance 3D Workflows

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AdobeSubstance
GAMES
Adobe has integrated Firefly generative AI capabilities into Substance 3D Sampler and Stager, marking a significant advancement in 3D workflows for industrial designers, game developers, and VFX professionals. These new features, Text to Texture and Generative Background, streamline and enhance 3D texturing and staging tasks, saving time and boosting creativity. The Text to Texture feature […]
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Is the Disney Deal as Epic as we think?

Is the Disney deal as Epic as we think?

Sony stops production of PSVR 2 to clear current backlog

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PSVR2
GAMES
According to Bloomberg, Sony Interactive Entertainment has paused the production of PSVR 2 in order to address the existing surplus of unsold units. This information comes from sources familiar with the situation. These sources indicate that Sony has already manufactured over 2 million units of PSVR 2. Data from IDC, as cited by Bloomberg, reveals […]
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InMobi acquires Quantcast Choice to adapt to privacy regulations

VR game developer Thirdverse has finalized $11.29 million in investment

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FUNDING
Based in San Francisco, California, Thirdverse, raised $3.3 million through a third-party share allotment facilitated by Nissei Capital Co., Ltd. and VeriServe Corporation. This latest funding, combined with the capital previously raised in November of the previous year, brings the total series D funding to approximately $11.29 million. When considering the funds amassed before the […]
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Nvidia Realtime Raytracing

NVIDIA Debuts AI-Enhanced Real-Time Ray Tracing for Games and Apps

Not your grandparent’s measurement

Christopher Caen
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Not Your Grandparent’s Measurement
BRANDS
Last week there was a great article in Digiday about the fact that measurement, not targeting could be more at risk with the deprecation of the almighty cookie. And it brings up very important issues about measurement, attribution, and behaviors. All of this had led to a need to have new cookie-less solutions to deal with the loss of third party data.
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Nvidia

NVIDIA Announces Financial Results for Second Quarter Fiscal 2024

Chaos Unveils 2024 Roadmap: AI and Visual Storytelling Tools

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Chaos Roadmap
GENERATIVE AI
Discover how Chaos aims to redefine visualization with AI-powered features and smart products designed to facilitate the production of top-quality work without limitations. The imminent dawn of a new era in visualization promises exciting opportunities for creators to bring their ideas to life with unprecedented freedom. Chaos is committed to spearheading this creative revolution. But […]
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Meta had its best quarter since 2021 despite losing more money on the metaverse

Is the Disney deal as Epic as we think?

Christopher Caen
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Is the Disney Deal as Epic as we think?
ENTERTAINMENT
So I admit, I can safely say I did not have “Disney invests $1.5 billion in Epic” on my 2024 bingo card, although I am pretty sure I am in good company when it comes to that announcement. But as folks who have been knocking around the worlds of the metaverse and gaming for years, as the dust settled on this, Tony Parisi and I have some thoughts.
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Game On: Embracer Group’s mass layoffs triggered by failed $2 billion Saudi Arabia deal

Are you doing Creators wrong?

Christopher Caen
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Are you doing creators wrong?
BRANDS
Tony Parisi and I have been doing communities longer than…well, longer than we will admit. Whether it was building online communities during the early days of the metaverse, building developer communities, customer communities…. we have put them together in more ways than you can imagine. And the chaos continues, as today Tony is running a Web3 Discord community and I lead a gaming Discord community.
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Bank of America Utilizes The Metaverse and AI For Training Over 200,000 Global Staff

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