• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Microsoft cuts metaverse growth division

February 13, 2023
in Crypto News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Tech giant Microsoft has laid off a hundred staff of the company’s Metaverse staff, raising suspicions that the firm has misplaced faith in the technological innovation.

Microsoft cuts metaverse development division
Microsoft cuts metaverse growth division

Second The info, a group of a hundred staff to lower “Industrial Metaverse Core”, focusing on constructing the working method interface. This group was only formed about four months in the past.

Related articles

Aave changed its name to Avara and acquired wallet development startup Family

Aave altered its identify to Avara and acquired wallet improvement startup Family

November 17, 2023
China's Largest Poker Game Development Company Plans to Gradually Buy $100 Million in BTC and ETH

China’s Largest Poker Game Development Company Plans to Gradually Buy $100 Million in BTC and ETH

November 14, 2023

Microsoft has been energetic in the metaverse for several many years and the primary merchandise is the gadget HoloLensbut it was not commercially thriving.

Before that, in November 2021, Microsoft has spends up to $68.seven billion on record acquisition of game firm Activision Blizzard to reflect established to enter the Metaverse. Even Microsoft CEO Satya Nadella correct now emphasizes the relevance of the Metaverse as the globe is getting into an more and more technological age.

Microsoft continues a prolonged wave of layoffs, following other huge names like Google, Amazon, Salesforce and Meta. This choice of the huge ones manufactured several folks doubt no matter whether the era of “virtual reality” technological innovation is coming to an finish.

However, in the opposite path, huge tech businesses carry on to make strides in the growth of their technological innovation. Typically, Microsoft’s $ten billion investment in OpenAI, the “father” of the well-liked ChatGPT instrument. The firm lately announced the integration of ChatGPT into its Edge and Bing browsers.

Bing and Edge + AI: a new way of executing exploration begins now https://t.co/0y8sw7waNb

— Satya Nadella (@satyanadella) February 7, 2023

Additionally, Alphabet Inc., the mother or father firm of Google, has pledged to invest $400 million in ChatGPT rival Anthropic, sparking public curiosity in an impending “AI war” among the Silicon Valley giants.

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: cutsdevelopmentdivisionMetaverseMicrosoft
Share76Tweet47

Related Posts

solana dominates q1 but cracks appear as ethereum gains ground thumbnail

Solana Dominates Q1, But Ethereum Gains Ground as Cracks Appear

by Akita Inu
April 20, 2026
0

Solana led Q1 decentralized exchange spot trading, but signs of weakness emerged as Ethereum began regaining ground. Here is the...

ethereum hits all time high quarterly network activity thumbnail

Ethereum Hits Record Q1 Network Activity With 200M Transactions

by Akita Inu
April 19, 2026
0

Ethereum posted a record quarter for network activity after processing more than 200 million transactions in Q1, highlighting sustained on-chain...

xrp major adoption boost solana price gains momentum thumbnail

XRP Gets Major Adoption Boost From Solana as Price Gains Momentum

by Akita Inu
April 18, 2026
0

Solana's launch of 1:1-backed wXRP adds a new adoption catalyst for XRP as traders watch whether expanding utility can reinforce...

why ripple xrp keeps pumping 3 key reasons and whats next thumbnail

Why Ripple (XRP) Keeps Pumping: 3 Key Reasons and What’s Next

by Akita Inu
April 17, 2026
0

XRP has rebounded from $1.30 to a 25-day peak. Here are three key reasons behind Ripple’s rally and what traders...

xrp hits 3 week high above 1 40 analyst ath rally thumbnail

XRP Hits 3-Week High Above $1.40 as Analyst Signals ATH Rally

by Akita Inu
April 16, 2026
0

XRP climbed 4% to a 3-week high above $1.40 as a bullish analyst call fueled talk of a fresh all-time-high...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Solana Dominates Q1, But Ethereum Gains Ground as Cracks Appear
  • Ethereum Hits Record Q1 Network Activity With 200M Transactions
  • XRP Gets Major Adoption Boost From Solana as Price Gains Momentum
  • Bitcoin Forecasts, Cardano Outlook: Bits Recap April 17
  • Why Ripple (XRP) Keeps Pumping: 3 Key Reasons and What’s Next
  • BTC Drops After US Jobs Report as $120M Gets Liquidated in 1 Hour
  • Bitcoin Price Analysis: Why the Next Few Days Are Crucial for BTC
  • Bitcoin Nears $78K True Market Mean as Fed Data Looms
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7