Wevr Announces New $3.5 Million Investment from HTC and Epic Game

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Wevr, a creative development and production studio devoted to interactive and spatial experiences, today announced $3.5 million in new funding from HTC Corp. and Epic Games. Original backers of Wevr, HTC and Epic are adding to their investment as Wevr expands its Virtual Studio technology and real-time 3D production capabilities. Advances in spatial computing and […]

Screen Australia announces over $3 million in support of the digital games industry

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

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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 […]

LandVault raises £2.4m to build ‘WordPress’ for metaverse worlds

Autodesk closes PIX acquisition

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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 […]

OpenAI acquires Global Illumination

Adobe Integrates Firefly Generative AI Into Substance 3D Workflows

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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 […]

The Jed Foundation issues report on preserving youth mental health in the metaverse

Sony stops production of PSVR 2 to clear current backlog

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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 […]

Autodesk: Signs Of Soft Demand (NASDAQ:ADSK)

VR game developer Thirdverse has finalized $11.29 million in investment

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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 […]

Wevr Announces New $3.5 Million Investment from HTC and Epic Game

Not your grandparent’s measurement

Christopher Caen
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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.

Unity Announces the New Unity Weta Tools Division Focused on Film and Real-Time 3D

Chaos Unveils 2024 Roadmap: AI and Visual Storytelling Tools

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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 […]

Xsolla Advances Asian Gaming Market Growth with New Japanese Office

Is the Disney deal as Epic as we think?

Christopher Caen
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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.

BMC’s CTO Ram Chakravarti on Generative AI in the Enterprise