metaverse Archives - AiThority https://aithority.com/tag/metaverse/ Artificial Intelligence | News | Insights | AiThority Tue, 18 Jun 2024 10:24:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://aithority.com/wp-content/uploads/2023/09/cropped-0-2951_aithority-logo-hd-png-download-removebg-preview-32x32.png metaverse Archives - AiThority https://aithority.com/tag/metaverse/ 32 32 Augmented Reality Or Virtual Reality- Which Is Better? https://aithority.com/technology/virtual-reality-technology/augmented-reality-or-virtual-reality-which-is-better/ Mon, 17 Jun 2024 09:16:00 +0000 https://aithority.com/?p=541944

Virtual reality (VR) and augmented reality (AR) are two distinct but related computing paradigms. Compared to virtual reality, augmented reality occurs in the real world. Augmented reality users have command over their physical presence, whereas virtual reality users are at the mercy of technology. As of 2023, there are 65.9 million VR users and 110.1 […]

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Virtual reality (VR) and augmented reality (AR) are two distinct but related computing paradigms. Compared to virtual reality, augmented reality occurs in the real world. Augmented reality users have command over their physical presence, whereas virtual reality users are at the mercy of technology.

As of 2023, there are 65.9 million VR users and 110.1 million AR users in the U.S.

Virtual reality and augmented reality are frequently used interchangeably. AR apps, games like Pokemon Go, and VR headgear, like Meta Quest 2 and the Valve Index, are becoming increasingly common. They have a similar ring to them, and as technology advances, they blend in many ways. This is obvious in Apple’s forthcoming Vision Pro headset (release date: early 2024).

However, virtual reality (VR) and augmented reality (AR) are still not the same thing.

What Is AR?

Augmented reality is more effective than virtual reality as a branding and gaming tool since it is accessible to virtually anybody with a smartphone. The camera or video viewer on a smartphone is used to project digital images and characters onto the real world, transforming it into a vibrant, surreal environment. Simply said, augmented reality enhances the user’s current surroundings. To fully use AR, you need to use certain gadgets. For instance, Smart Glasses are often used to get the info through Smart Glasses software.

What Is VR?

The global virtual reality (VR) is expected to grow at a CAGR of 27.5% from 2023 to 2030

The next level of these components is achieved in virtual reality by creating a computer-generated representation of a different universe. Using technology like computers, sensors, headphones, and gloves, these simulations can transport the player to practically any setting they can imagine.

Virtual reality is all about making a new world seem real. With a VR screen, the person can see and communicate with the digital world. Two lenses must be put between the person and the screen for this to work. They figure out what the eye movements mean and change how the person moves to fit the VR. So, in this case, a lot of gear is needed to cut the person off from the real world.

Read the Latest blog from us: Risks Of IT Integration

Jobs in the VR and AR Industry

It has created innumerable opportunities for businesses and workers. Virtual reality and augmented reality are revolutionizing several fields, including computer programming, graphic design, scientific study, and more.

A bachelor’s degree in computer science might help you learn how the technology works. People who work with AR and VR must know how to use tools like 3D MAX and Autodesk 3D and be familiar with video game creation systems like Unreal and Unity that recreate environments in 3D.

Read: What Is Augmented Reality?

Augmented or Virtual Reality? A direct comparison!

  • The two technologies—AR and VR—differ significantly. This striking contrast does not, however, suggest that one technology is superior to the other. Instead, each technology excels in a distinct field of use:
  • While VR transports users to an imaginary realm, AR adds digital details to the actual world.
  • Virtual reality is 75% virtual whereas augmented reality is just 25% virtual.
  • Virtual reality headsets are necessary for use, although augmented reality devices are not.
  • Virtual reality (VR) users move in an entirely fabricated environment, whereas augmented reality (AR) users interact with the actual world.
  • More bandwidth is needed for AR than VR.
  • The goal of augmented reality is to make both the digital and physical worlds better. Virtual reality (VR) is a technology that simulates an alternative environment to improve video games.
  • Both AR and VR employ a real-world environment, whereas VR is entirely simulated.
  • Users of augmented reality have command over their physical presence, whereas those of virtual reality are at the mercy of the technology.
  • While virtual reality headsets are required to experience AR, all you need is a smartphone.
  • While virtual reality can only improve upon an artificial reality, augmented reality can improve upon both.

Read the Latest blog from us: AI And Cloud- The Perfect Match

The Synergy Between Augmented and Virtual Reality

When augmented reality and virtual reality are used together, they form a harmonious system. They each function independently, but when used together, they provide a richer, more exciting experience for the user. The idea is to build a fictitious setting that is open to outside influences.TeamViewer provides excellent software options for integrating AR and VR into your business.

Future-Oriented Thinking

As mixed reality becomes more prevalent among VR headsets, the border between augmented and virtual reality will blur temporarily if not permanently. Over time, advancements in outward-facing camera and environment-scanning technologies will allow you to see more clearly while wearing a headset, transforming any virtual reality headset into a mixed reality headset.

Read: AI and Machine Learning Are Changing Business Forever

[To share your insights with us, please write to psen@martechseries.com]

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AI Video Editing SaaS Provider Magnifi by VideoVerse Set for Display at NACDA 2024 https://aithority.com/video/magnifi-by-videoverse-set-for-display-at-nacda-2024/ Tue, 04 Jun 2024 10:21:34 +0000 https://aithority.com/?p=571908 AI Video Editing SaaS Provider Magnifi by VideoVerse Set for Display at NACDA 2024

Magnifi by VideoVerse is a next-gen video editing SaaS solution provider for seamless content creation and distribution in collegiate athletics Magnifi by VideoVerse, an AI-driven video technology company and powerful video-editing SaaS platform is excited to announce its participation in the upcoming NACDA Convention, the largest gathering of collegiate administrators in the country. Magnifi will be located at […]

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AI Video Editing SaaS Provider Magnifi by VideoVerse Set for Display at NACDA 2024

Magnifi by VideoVerse is a next-gen video editing SaaS solution provider for seamless content creation and distribution in collegiate athletics

Magnifi by VideoVerse, an AI-driven video technology company and powerful video-editing SaaS platform is excited to announce its participation in the upcoming NACDA Convention, the largest gathering of collegiate administrators in the country. Magnifi will be located at Booth no. 538 from June 10-12, at the Mandalay Bay Resort and C*****, Las Vegas.

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Magnifi has found an extremely strong product-market fit in serving enterprises across numerous industries – OTT players, broadcasters, sports clubs and leagues, marketing agencies, Esports platforms, schools, colleges, and more.

Magnifi is well-recognized for its robust capabilities in instantly clipping key moments for social media, automating standard content for halftime or post-game releases, and crafting personalized, localized graphics for sports marketing. These capabilities align seamlessly with the emerging trends in collegiate athletics, such as immersive fan experiences with AR and VR, and the growing importance of personalized content driven by data analytics. Magnifi’s solutions enable teams and universities to deliver hyper-personalized, engaging content that resonates with fans across various platforms.

“At a time when the pace of content consumption demands both speed and precision, Magnifi’s technology offers unparalleled advantages,” said Jere Hanks, Sr. Director of Sales, North America at Magnifi. “We’re not just responding to the market’s needs but are actively shaping the future of how sports content is produced and delivered.”

At the NACDA Convention, Magnifi will demonstrate how these innovative tools help collegiate sports administrators and broadcasters engage audiences more effectively and efficiently:

  • Instant Clipping for Social Media – Magnifi’s technology allows users to clip key moments from live events and share them on social media in near real-time. This feature is critical in a fast-paced environment where moments can become viral in seconds.
  • Automated Long-Form Content  Magnifi automates the creation of halftime and post-game content, such as Player of the Game compilations, high scorer summaries, and condensed games. These are distributed across social media, websites, apps, and OTT platforms, ensuring broad and timely reach.
  • Personalized Graphics – Through its acquisition of Optikka (a post-production, GPT bot-integrated graphic design tool with applications across video, broadcast, XR, and metaverse platforms), Magnifi offers personalized, localized matchup graphics, bumpers, and hero cards. This enhances the visual appeal and relevance of sports content across all platforms.

Building on the success at the recent NAB Show, where Magnifi expanded its ecosystem through partnerships with Grabyo (a leading cloud video platform for live broadcasting, live clipping and distribution) and Adobe (with a new extension for Adobe Premiere Pro), the company continues to enhance its platform capabilities.

Visitors to the Magnifi booth can expect to see firsthand the seamless integration of AI-driven video editing tools that are revolutionizing content creation across collegiate sports. The display will include demonstrations of real-time content automation, from creating player highlight reels to generating comprehensive game summaries that captivate and engage fans across various digital platforms. Additionally, as demonstrated in their partnership with the Mountain West Conference, announced last year, Magnifi is committed to enhancing video experiences for athletes, coaches, and fans through innovative AI-powered solutions.

Magnifi is building the next-generation video editing ecosystem addressing a broad range of use cases in the post-production process. The company started its journey by generating instant key moments and auto short-sized clips leveraging computer vision and AI capabilities, the sliver in which it is the current tech leader.

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[To share your insights with us as part of editorial or sponsored content, please write to sghosh@itechseries.com]

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Leading Metaverse Pioneers: India’s Top Companies Shaping The Virtual Future https://aithority.com/technology/virtual-reality-technology/leading-metaverse-pioneers-indias-top-companies-shaping-the-virtual-future/ Thu, 04 Jan 2024 10:22:19 +0000 https://aithority.com/?p=541127

Introduction The metaverse is a concept that is taken with an expression of surprise by ordinary people and they are perplexed about how it works. It’s not a single technology rather it is the combination of many unique and diverse technologies maturing for mainstream use called The Metaverse concept. Together, those technologies give the experience […]

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Introduction

The metaverse is a concept that is taken with an expression of surprise by ordinary people and they are perplexed about how it works. It’s not a single technology rather it is the combination of many unique and diverse technologies maturing for mainstream use called The Metaverse concept.

Together, those technologies give the experience of a three-dimensional environment that is immersive for user interaction. Metaverse is beyond just defining it as a virtual space. With the graphic below, we can easily imagine the global market value and its gaining demand and popularity.

We can say it includes both the physical and digital/virtual worlds for the user to experience at the same time including digitally native assets and trade to create its economy. Metaverse portrays a significant paradigm shift in how we use digital technologies and networks to interact and collaborate with others and have virtual experiences of all kinds.

The takeaway is that these technologies are a core element of a metaverse. This article shall highlight a few of the metaverse companies along with their achievements in the metaverse, and cryptocurrencies.

Top Indian Metaverse Companies  

INDIA WILL BE A MASSIVE AND VITAL PART OF THE METAVERSE- MARK ZUCKERBERG

  1. HTC

In the past couple of years, HTC has tapped an innovative option for itself to shift towards metaverse apart from mobile tech. It all started with the application Exodus which is used for crypto trading and is known as one of the best apps so far in India.

HTC has been trying its hands best its align itself towards VR since 2018. It has also launched a “metaverse smartphone”, which is compatible with NFT and crypto functionality and was released as a companion device to the company’s VR headset HTC Vive Flow.

Read: Cathay Financial Announces Its Digital Users Surpass 8.6 Million, Making Customers the Biggest…

2.Capgemini India Pvt Ltd

The winner of the HeroX/Airbus metaverse challenge and one of the most potent metaverse companies is Capgemini. The challenge aimed to draw ideas to enhance the client’s overall experience and to bring VR into air travel.

Passengers need to log in with their smartphones with VR headsets to experience the virtual township. Capgemini recently entered into a partnership with a real-time 3D content-creating- Unity, to build a wide array of business opportunities for the benefit of metaverse experiences globally.

3. TCS

A well-established brand with a cognitive-driven approach towards technology and engineering service. Its journey toward metaverse started in 2017 when it worked with an u********** European airline client who asked to teleport photorealistic avatars for their official meetings.

The company tried its best to provide a platform called Avapresence, a combination of the words “avatar” and “presence,” leveraging XR, blockchain, cloud, AI, and IoT. Off-lately, it worked with Ireland tech professionals to build an innovative global delivery center in Letterkenny to service companies in India. The center shall be working with interested clients to transform the metaverse concept digitally.

4.Zensar Technologies

The Indian software and services company that innovated metaverse-as-a-solution, provides tech solutions for the enhancement of the digital experiences of its clients-Zensar. It utilizes AR/VR technologies for creating digital items based on NFTs. Zensar is involved in modernizing legacy technologies by migrating to the cloud and thereby turning intelligent data into actionable insights.

Read: Project Nephio Joins LF Networking to Accelerate Cloud Native Automation on Kubernetes

Some Indian Metaverse Startups  

  1. LOKA Metaverse

It started its metaverse race in 2020 amidst the COVID-19 pandemic where it launched an application that allows users to interact with people worldwide. This platform embraces the customers with a multiplayer gaming application floated for social engagement, gaming, E-commerce, content, as well as for entertainment.

2. Zippy

Zippy Technology Corp. is into microswitch technology. Zippy has developed into a business with qualified R&D teams and top-notch production procedures. The business divisions of Zippy Technology Corp. are focused on manufacturing high-performance industrial power supplies and micro switches.

Zippy is a well-known worldwide brand because of its focus on R&D and core competencies. Consumer electronics, IT peripherals, communication devices, home appliances, industrial and medical equipment, and autos all utilize its products extensively.

It came up with an innovative mobile application that creates an immersive indoor running experience, by preserving all indoor and outdoor parameters required to run and thereby bringing it naturally to its clients just like any other physical exercise.

3.NextMeet

This is another Indian startup based on Virtual Reality which allows its users to generate a 3D avatar to interact with their close ones in real-time and where they can have an immersive experience via VR.

Featuring four virtual environments – classrooms for education, conferences, and meetings for businesses for commercial purposes, making it one of the most purpose-driven metaverse companies in India. This app was launched in October 2020 in India.

NextMeet is an immersive PC VR platform that offers networking for business, education, and events as well as remote working, collaboration, and meetings. a platform for global professionals, attendees, and students to connect and socialize online

4. Invact

Most heard about startup Invact Metaversity is one of the ed-tech metaverse companies that develops immersive learning experiences for global students. Its objective is to provide a possible campus-like environment in the metaverse, making education accessible to all in which the students can barrier-free communicate with their guide via animated avatars.

5. Wall App

NFT gained its popularity by realizing the need for an open platform that provides easy access to NFT trends and data analytics using web3. The app can also store data on particular whale wallets which influences the market momentum sweeps in the industry.

The app users can explore NFT statistics on Ethereum which includes features like volumes, price action, sales, and other leading NFT collections.

6.Atirath Gaming Technology

Launched in 2020, it is a metaverse gaming startup that creates mobile games. Atirath also incorporates AR/VR technologies in its upcoming application Asva.

It follows its unique strategy, puzzles, and even casual games with the elements of sub-continent cultures which focuses on Indian mythology to create applications with a global appeal to make people aware of each other’s traditions.

[To share your insights with us, please write to sghosh@martechseries.com]

 

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In AI’s Wild West, Brand Safety Comes First https://aithority.com/content/in-ais-wild-west-brand-safety-comes-first/ Tue, 21 Nov 2023 08:58:11 +0000 https://aithority.com/?p=548493 In AI’s Wild West, Brand Safety Comes First

Talking to marketers at this point is rather like the Distracted Boyfriend meme: they’re watching AI walk down the street, as the Metaverse looks on. AI has been every client’s only focus since ChatGPT came noisily to our attention. It’s ubiquitous, but new enough for everyone to be still figuring out their AI strategy and […]

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In AI’s Wild West, Brand Safety Comes First

Talking to marketers at this point is rather like the Distracted Boyfriend meme: they’re watching AI walk down the street, as the Metaverse looks on.

AI has been every client’s only focus since ChatGPT came noisily to our attention. It’s ubiquitous, but new enough for everyone to be still figuring out their AI strategy and how they’ll adapt. While there are endless interesting potential applications for this technology, it’s fair to say no one has fully processed the level of risk that comes with it. Like any new technology, AI presents a new frontier of brand security.

To tackle it in the relative absence of any other collective guardrails, it’s down to clients and their agency partners to show restraint and self-police how we use AI to a greater extent than we’ve done with any other technology. That process of self-policing starts with a genuinely robust scrutiny of the tools that are brought in-house, coupled with due respect for the walled garden of information and data that exists in every business.

Will Quantum Computing Be Better for Your Business?

AI learns through data. The technology comes with many ethical and moral questions about how we use other people’s data – or any data at scale. We arguably don’t yet know enough about AI to ask the questions that will enable us to make good, brand-safe decisions. Sure, it’s tempting to be able to generate cool imagery faster using a learning model, but without knowing the source of the data used to create that model, the stakes are high.

Just how high is evident in the lawsuits we’re starting to see unfold, such as Getty’s [against London-based Stability AI], as well as embarrassing moments like the leak of sensitive information from Samsung employees via generative AI platform ChatGPT over something as seemingly benign as converting a meeting recording to notes.

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When even the father of AI, Geoffrey Hinton, quits, you worry you’ve already reached something of an Oppenheimer moment. So, how do you act responsibly using AI, while making the most of its potential?

With in-housing models like ours, the most potent element is the level of intimacy we can establish with clients. We’re sitting right next to them and that enables us to act as brand guardians to ensure that our clients aren’t on a platform that feels unsafe, or in a situation that puts them at reputational risk. This includes recommending AI-enabled tech that operates in a data-safe way; in effect, using data that belongs to the business, so that the business learns from itself.

What is incredible about AI is that a learning model can ingest everything there is to know about your brand, from how it talks about itself, what font it uses, and its visual identity, to how consumers typically react to it. That information is what makes a brand unique, and a learning model that knows that uniqueness better than you know it yourself can make a brand better, stronger, and more consistent.

Based on what we know performs within a business, we can use AI to write copy better. If we already know what makes an effective brief, we can create better briefs faster. We can even comp up assets for segmented advertising messages faster – all while using the information from inside the business.

In my company, we’ve developed an AI Council. This is made up of our legal team, our compliance team, and creatives – anyone who has a role in making sure that ours or our clients’ businesses are safe is across it. No one in the company is allowed to use any sort of technology without it going through the AI Council first, and 95% of all of our employees have already gone through training on AI compliance, just as they would go through diversity and inclusion training.

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It’s important to state the Council isn’t there to stop or facilitate great work and better efficiencies. Nobody wants to get in the way of advancement, especially not in the relatively laissez-faire North American market. So the Council is born – and is run – in the belief that to get AI right in its infancy, we need to show restraint and self-police how we use this technology in the short term.

AI Councils like ours will likely spring up industry-wide, albeit in a splintered way as we figure things out. In the U.S. we tend to fall back on state-level legislation. Take California, which was the first state to adopt any sort of really substantive privacy rules – though it’s just one out of fifty. In the meantime, as stewards of our client’s businesses, it’s up to us to make sure they don’t find themselves on the wrong side of a lawsuit.

The in-house model keeps the agency and client working closely together and operating within that safe walled garden of information – if it’s your first-party information you’re drawing from, you’re in a safe space. That approach won’t be the approach forever; but at least in these early Wild West days of AI, it’s a productive start in navigating towards an intelligent AI-rich future.

[To share your insights with us, please write to sghosh@martechseries.com]

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Teleperformance Recognized by Frost & Sullivan for Omnichannel Customer Experience in the Metaverse https://aithority.com/machine-learning/teleperformance-recognized-by-frost-sullivan-for-omnichannel-customer-experience-in-the-metaverse/ Mon, 06 Nov 2023 10:31:34 +0000 https://aithority.com/?p=547021 Teleperformance Recognized by Frost & Sullivan for Omnichannel Customer Experience in the Metaverse

Digital business services company honored for customer-centric immersive experiences and revolutionary solutions that helped gained client loyalty  Teleperformance, a global leader in digital business services announced that Frost & Sullivan recognized the company with the 2023 Global Company of the Year Award for its industry excellence in omnichannel customer experience in the metaverse. Top Generative AI News:Core […]

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Teleperformance Recognized by Frost & Sullivan for Omnichannel Customer Experience in the Metaverse

Digital business services company honored for customer-centric immersive experiences and revolutionary solutions that helped gained client loyalty

 Teleperformance, a global leader in digital business services announced that Frost & Sullivan recognized the company with the 2023 Global Company of the Year Award for its industry excellence in omnichannel customer experience in the metaverse.AIThority Predictions Series 2024 banner

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In honoring Teleperformance, Frost & Sullivan cited the company’s extensive history serving many of the top video game brands in the video gaming industry, which provides the company with deep knowledge servicing consumers in immersive environments. Frost & Sullivan also noted the company’s strong focus on embracing the customer journey as an end-to-end experience – and the metaverse as a part of this experience – to create memorable and seamless CX. Additionally, Frost & Sullivan cited Teleperformance as having the most comprehensive solution portfolio on the market, spanning robust features and capabilities such as AI-powered, machine learning, automated, and natural language processing solutions and digital trust and safety services that enable new, safer ways for brands to engage end-users by creating an immersive customer experience.

“Teleperformance envisions its solutions as a one-customer journey with a particular purpose: to improve clients’ customer experience by adding efficient industry-specific capabilities that stand out,” said Alaa Saayed, Senior Program Director, Frost & Sullivan. “With this leadership focus, Frost & Sullivan expects Teleperformance to sustain its competitive edge in the omnichannel customer experience space.”

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Each year, Frost & Sullivan presents a Company of the Year Award to the organization that demonstrates excellence, in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership, in terms of customer value and market penetration.

The metaverse arena presents a new channel for CX providers to position themselves as true omnichannel digital leaders. Teleperformance helps brands to better understand their customers’ preferences and needs in virtual environments to deliver immersive experiences through the metaverse.

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[To share your insights with us, please write to sghosh@martechseries.com]

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MudAi Pioneers Personalized AI Metaverse to Enrich User Experience https://aithority.com/natural-language/chatgpt/mudai-pioneers-personalized-ai-metaverse-to-enrich-user-experience/ Fri, 13 Oct 2023 10:03:17 +0000 https://aithority.com/?p=542907 MudAi Pioneers Personalized AI Metaverse to Enrich User Experience

MudAi has announced the launch of its next-generation virtual world project that seamlessly integrates artificial intelligence technology. MudAi’s overarching vision is to increase individual disposable time by allowing personalized Ai to act on behalf of users in the metaverse, significantly reducing the time they spend online. Looking back, just 20 years ago, the majority held […]

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MudAi Pioneers Personalized AI Metaverse to Enrich User Experience

MudAi has announced the launch of its next-generation virtual world project that seamlessly integrates artificial intelligence technology. MudAi’s overarching vision is to increase individual disposable time by allowing personalized Ai to act on behalf of users in the metaverse, significantly reducing the time they spend online.

Looking back, just 20 years ago, the majority held skeptical views about the advent of the internet age. Some even resisted the changing tides of the future. However, within a few short years, these negative opinions vanished. Regulations in every sector, from shopping malls to financial and government services, were relaxed and agreements were reached. Now, people live in an era where life without the internet is nearly unthinkable.

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Historically, technological advancements often start with questions about their potential dangers. Yet, the moment convenience overtakes these concerns, technology seamlessly integrates into people’s lives.

In recent years, interest in virtual worlds has grown. As discussions about the metaverse progress, numerous companies are investing heavily, vying for a head start in this market. The metaverse, in its various forms, has captured the market’s attention. Recently, there’s been a surge of interest in MudAi, a next-gen metaverse project that integrates the metaverse with AI technology.

What is the MudAi project

Many people who have come across MudAi’s website, documentation, or news about their beta release tend to mistake us for just another “metaverse” project. That’s partially correct but also partially a misconception. It seems people think this because the metaverse they have developed, using 3DCG and the Unreal Engine, has graphics that are a notch above existing platforms. However, they didn’t start MudAi to create a metaverse. It’s a project they have been developing for the past three years to enrich users’ disposable time through personalized AI and blockchain technology.

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Katey Park, the CEO of MudAi, at WebX Japan Conference, said: “MudAi offers a personalized AI that understands each user. We call this the “Ai.” If everyone had this, they’d essentially have their own AI secretary. To visualize and observe this electronic activity, we developed an avatar as an alternative self. This led to the development of our metaverse. Given the state-of-the-art graphics technology we use, our metaverse showcases graphics of a different dimension. As you can see, the starting point and goal of MudAi’s metaverse differ from others. It exists primarily as a byproduct to visualize and observe the actions of our personalized Ai.”

“We’ve already released a beta version. By the third quarter of this year, we plan to release the MudAi app, integrating several features. Users can employ their personalized AI as a dedicated assistant. The app also serves as an entry point to the metaverse and allows users to form communities through chat. The AI continues to learn and understand the user through all the data generated within the app. The more users engage with the MudAi app, the more their AI’s capabilities as an assistant or an alternative self will increase. All data is managed on the blockchain, ensuring secure storage, and users will receive incentives through a concept called data mining,” said Katey Park.

MudAi’s Future Plans

Through their beta release, users can create their own Ai, communicate, and train them. This means users have an Ai that understands them, serving as an alter ego or assistant. As the metaverse expands and activities within it become more connected to reality, MudAi’s Ai will be able to execute tasks even when the user is logged out. Its potential applications are immeasurable.

The focus on AI only intensified a little over a year ago, and the initial stirrings of the metaverse began just 3-4 years ago. Yet, the MudAi team, a modest startup, had envisioned and developed this project four years back, piquing curiosity about their background.

With growing anticipation for virtual spaces called metaverses and the recent rise in interest in AI due to the advent of ChatGPT, there’s immense excitement about the results MudAi will produce by combining the metaverse and AI, especially with the added concept of ‘personalization’.

Recommended: Artificial Intelligence and the Trust Deficit: A Call for Greater Transparency

[To share your insights with us, please write to sghosh@martechseries.com]

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Navigating The Reality Spectrum: Understanding VR, AR, and MR https://aithority.com/technology/augmented-reality/navigating-the-reality-spectrum-understanding-vr-ar-and-mr/ Thu, 05 Oct 2023 18:00:36 +0000 https://aithority.com/?p=541124 Let’s explore this new hyped world of metaverse – Virtual Reality, Augmented Reality, and Mixed Reality. Although there is a fair amount of confusion amongst these three terminologies and few consider them the same. In this article, we will explain different types of realities such as Augmented Reality, Mixed Reality, and Virtual Reality. What Is Reality?   “We […]

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Let’s explore this new hyped world of metaverse – Virtual Reality, Augmented Reality, and Mixed Reality. Although there is a fair amount of confusion amongst these three terminologies and few consider them the same.

In this article, we will explain different types of realities such as Augmented Reality, Mixed Reality, and Virtual Reality.

What Is Reality?  

“We have had people literally run out of the VR room, even though they know that what they are witnessing is not real” stated Mel Slater, Distinguished Scientist, and VR pioneer, at the Institute of Neurosciences of the University of Barcelona. With this strong opening statement, we can have a fair idea of how strong this world is.

Have you ever been in an argument over a specific color with anyone? Did it seem black to you and deep blue to the other?  Every human being perceives the same thing with a different aspect. Humans tend to confuse reality with the actual world and fail to get the point of why virtual reality feels real even when they are fully aware of it.

What Is Virtual Reality (VR)?  

VR is an artificial environment created by a computer to give users a feel of a world that does not exist in real life. A person using a VR set will be able to look inside the artificial world, move around in it, and interact with virtual features in that world. It must be sounding like a sci-fi movie but this is what happens in VR. Virtual reality (VR) is a technology that gives a simulated experience that allows the creation of a fully immersive digital environment.

Although VR has been in existence since 1994, it is only now that such technologies are being hyped and have attracted global curiosity. This technology supports the vision of metaverse clusters by aiding in creating the 3D virtual world. The foremost advantage that comes to my mind- it gives people the chance to travel around the world, and even outer space, without having to leave the comfort of their homes since the users are placed in a virtual space with the help of a few gadgets like a headset or eyewear. In a nutshell, we can say VR is an imaginary space that independently exists from the real world.

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What Is Augmented Reality (AR)?  

This world of reality is an extension of the physical world around you, like adding digital content onto a live camera feed, making it look real. It works on a software application, for example, making you look like a giraffe by overlaying digital directions onto the physical streets around you. However, there is no interaction between the digital elements and the physical world elements.

Although AR doesn’t create an artificial environment, it uses real-time information in the form of text, graphics, audio, and other virtual enhancements integrated with real-world objects. It brings together real data and virtual data to create an augmented reality. The first AR technology was developed in 1968 but today we can see its magical wand working in every field such as gaming, education, healthcare, and manufacturing. In a nutshell, AR is an interactive experience that combines the real world and computer-generated content.

What Is Mixed Reality (MR)?  

Unlike AR, a semi-digital experience, a fully digital experience, MR embraces its users with the best of both worlds. MR example includes Instagram filters, virtual makeup applications, and virtual furniture fittings. MR is a technological boon that allows not only the superposition of digital elements into the real environment but the users can visualize and interact with both the digital elements and the physical worlds.

MR is the hybrid reality merging both real and virtual entities to produce new environments. Below is an exhibit reflecting the outlay of a single space of all three worlds of reality.

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VR vs. AR vs. MR: What’s The Difference?

Every virtual environment is not a metaverse, and every pair of smart glasses does not provide an augmented reality experience. There is a thin line of difference between all these which is being shown in the form of an exhibit below. Since all three forms of reality revolve around two world forms- the real world and the artificial world. So let’s remove the confusion by taking its differences.

In AR the users can control their presence in the real world, while in VR the users are controlled by the computer system. VR requires a headset and eyewear equipment, but AR can be accessed with a normal smartphone.

So, only in the case of VR, the user is not aware of the real world, neither he can interact with that world in real-time, nor, both worlds (real and virtual) can interact with each other in real-time. I know it might seem quite complex initially and it must be making your head spin, but the exhibit below shall make the concepts clear.

VR is a fully immersive based digital environment. AR is a snapshot of the real world with an overlay of digital elements. MR is a view of the real world with an overlay of digital elements where physical and digital elements can interact and the users can visualize it.

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Conclusion

Recent advances in AI, especially deep learning, which enable real-time voice and picture recognition have aided in the integration of VR with AI for new applications. All three of these technologies will need to be taken into consideration in product design in the future. Examples of Eolian applications that use AI technology to lower human mistake rates through AR and VR simulations of risky activities are noteworthy.

Through machine learning and AI, Virtualitics offers data visualization in VR and AR settings. These days, we have access to tools that make it easier than ever to exchange information and create stories. They can be employed as highly potent emotional engagement tools that help us connect with audiences and foster empathy beyond what TV, computers, and the internet previously could.

[To share your insights with us, please write to sghosh@martechseries.com]

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DatChat Reaches Milestone of Over 75,000 Users on Its AI-Powered Habytat Metaverse https://aithority.com/machine-learning/datchat-reaches-milestone-of-over-75000-users-on-its-ai-powered-habytat-metaverse/ Thu, 31 Aug 2023 11:05:36 +0000 https://aithority.com/?p=538316 DatChat Reaches Milestone of Over 75,000 Users on Its AI-Powered Habytat Metaverse

Company sees encouraging spike in growth since the recent release of AI-powered pets “HabyPets” in Habytat DatChat, a private messaging, social media, and metaverse company, announced that it has reached a milestone of over 75,000 active users in its Habytat metaverse. Habytat is growing at a rate of approximately 1,200 to 2,500 new members daily and […]

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DatChat Reaches Milestone of Over 75,000 Users on Its AI-Powered Habytat Metaverse

Company sees encouraging spike in growth since the recent release of AI-powered pets “HabyPets” in Habytat

DatChat, a private messaging, social media, and metaverse company, announced that it has reached a milestone of over 75,000 active users in its Habytat metaverse. Habytat is growing at a rate of approximately 1,200 to 2,500 new members daily and the Company’s recently released AI-powered HabyPets are already receiving accelerated adoption. As of now, HabyPets has four different popular dog breeds. Coming soon is an interactive dog park, new dog breeds, cats, various types of animals, a full immersive VR experience, a Music District, and more.

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“Since we launched Habytat on mobile devices for the general public in May of this year, we have seen significant traction in the growth of users in our metaverse”

Habytat is the ultimate metaverse experience that offers a unique feature: giving users free NFT-deeded land and a house that users own and are backed by the Company’s proprietary AI and machine learning engine. Habytat’s mobile app is available in the Apple App Store and Google Play store and has been localized for Spanish-speaking countries. The virtual world has realistic art, daily rewards, games, and much more. The official in-world currency of the Habytat Metaverse, earned through participation on the DatChat Social Network+ or through the Habytat, is called Nirad. It can be used to upgrade properties and experiences throughout the Habytat.

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“Since we launched Habytat on mobile devices for the general public in May of this year, we have seen significant traction in the growth of users in our metaverse,” said DatChat CEO Darin Myman. “Reaching over 75,000 users is a significant milestone for our Company and we are excited from the feedback and user activity we are seeing play out. We are confident that we can convert this massive user growth into revenue streams. The HabyPets launch has been very successful, and we are pleased with the adoption rate and the dynamic experience it offers our users. We believe that our new AI-powered pets, along with other new product releases in the near future, will help skyrocket user growth at a higher rate than what we have already seen. We will look to update shareholders of our progress as we pass future user milestones.”

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 [To share your insights with us, please write to sghosh@martechseries.com] 

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DatChat’s Habytat Metaverse Enters Marketing Partnership with Cloud Water Brands https://aithority.com/technology/datchats-habytat-metaverse-enters-marketing-partnership-with-cloud-water-brands/ Thu, 31 Aug 2023 10:55:18 +0000 https://aithority.com/?p=538315 DatChat's Habytat Metaverse Enters Marketing Partnership with Cloud Water Brands

Company Launches New Brand Partnership Program to Promote Brands within its Metaverse Ecosystem DatChat, a private messaging, social media, and metaverse company, announced it has signed a marketing Memorandum of Understanding with Cloud Water Brands to promote their line of Cloud Water + Immunity and Cloud Water CBD within the Habytat Virtual World through product […]

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DatChat's Habytat Metaverse Enters Marketing Partnership with Cloud Water Brands

Company Launches New Brand Partnership Program to Promote Brands within its Metaverse Ecosystem

DatChat, a private messaging, social media, and metaverse company, announced it has signed a marketing Memorandum of Understanding with Cloud Water Brands to promote their line of Cloud Water + Immunity and Cloud Water CBD within the Habytat Virtual World through product placements, Interactive 3D displays and NPC advertising. Additionally, Habytat has launched Its Brand Marketing Partnership Program making the Habytat metaverse platform accessible to companies that wish to engage new audiences within the Habytat metaverse.

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“We are thrilled to partner with such a cutting-edge platform as Habytat and Enter the Metaverse to expose and market our beverages to new potential customers”

Founded in 2019, Cloud Water Brands is an NYC-based beverage brand offering health and wellness products with a range of functional benefits. The company offers a line of CBD sparkling waters and immune-boosting functional beverages with mouthwatering flavors inspired by the city’s mixology industry. Cloud Water Brands is focused on innovating functional beverages that empower people to take health into their own hands by providing science-based, delicious, natural products that support physical and mental wellness.

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DatChat CEO Darin Myman commented, “Our partnership with Cloud Water Brands is unique, as it introduces a distinct facet and value proposition for our members. Their all-natural botanicals and pure bioavailable CBD empowers individuals to embrace their well-being. This marketing initiative marks the first step into the expansive possibilities that DatChat’s Habytat offers. With our metaverse consistently gaining traction and welcoming 1,000-2,500 new members daily, this collaboration becomes the gateway for brands to thrive within our metaverse ecosystem.”

“We are thrilled to partner with such a cutting-edge platform as Habytat and Enter the Metaverse to expose and market our beverages to new potential customers,” said Marc Siden, CEO of Cloud Water Brands.

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 [To share your insights with us, please write to sghosh@martechseries.com] 

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Zibra AI Raises $500,000 Funding From Successful a16z Speedrun https://aithority.com/technology/zibra-ai-raises-500000-funding-from-successful-a16z-speedrun/ Tue, 08 Aug 2023 19:07:23 +0000 https://aithority.com/?p=535927 Zibra AI Raises $500,000 Funding From Successful a16z Speedrun

Generative AI tech streamlines production of complex 3D content and visual effects for video games, metaverse and multiple professional industry sectors Zibra AI, a Ukrainian deep-tech company specializing in AI-generated 3D assets for games and virtual environments, announces it has successfully participated in the first ever Andreessen Horowitz (“a16z”) Speedrun accelerator, receiving USD $500,000 to kickstart its […]

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Zibra AI Raises $500,000 Funding From Successful a16z Speedrun

Generative AI tech streamlines production of complex 3D content and visual effects for video games, metaverse and multiple professional industry sectors

Zibra AI, a Ukrainian deep-tech company specializing in AI-generated 3D assets for games and virtual environments, announces it has successfully participated in the first ever Andreessen Horowitz (“a16z”) Speedrun accelerator, receiving USD $500,000 to kickstart its current seed investment round and bringing its total investment to-date to USD $2.5 million.

Founded in 2021, Zibra AI aims to use the funding to expand its team and fuel the growth of its innovative generative AI technology. The company’s flagship product, Zibra Effects, is a Unity Verified Solution that can be utilized across PC and Mac, iOS and Android, consoles and VR/AR, with use cases in industries like gaming, metaverse and professional training simulations. By automating the creation of high quality 3D assets and visual effects, the technology helps streamline production for developers.

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Zibra AI was one of just 32 companies out of 1,600 applicants accepted into a16z’s inaugural Speedrun, which provides funding and coaching for the most promising pre-seed startups at the intersection of games and tech. Each of the companies accepted into the program received an initial investment of $500,000 and pitched to investors at the Speedrun Demo Day held in Los Angeles in June 2023. Following the success of the first Speedrun, a16z has announced Speedrun 2024 and committed to invest up to $75m in other promising startups in the space.

55% of the Speedrun companies were located in the San Francisco Bay Area, with Zibra AI the sole representative from Eastern Europe. Based in Kyiv, Ukraine, Zibra AI has continued to successfully raise capital alongside the hottest startups in the world despite the exceptional challenges of its wartime reality, and currently has an open seed round. The company raised a pre-seed round of $1.2 million in November 2022 from investors including Gismart, SID Venture Partners and angels including The Sandbox’s Sebastian Borget and Phil Libin from Evernote. Zibra AI was also a recipient of an Epic MegaGrant from Epic Games in December 2022.

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Alex Petrenko, CEO and co-founder at Zibra AI, commented:

“It was an honor for Zibra AI to have been shortlisted in the very first a16z Speedrun this year. It’s the latest investment proofpoint which demonstrates clear investor confidence in our technology roadmap and vision for the next two years and beyond. Our generative AI tools address the two major challenges faced by developers – creating interactive VFX and generating 3D assets and characters. With this new investment, we can accelerate our plans to develop our tech and further support and streamline development for games and all virtual experiences across industries.”

Troy Kirwin, Investment Partner at a16z, said:

“We were immediately impressed with the Zibra AI team’s ability to solve some of the most challenging technical problems in computer graphics. We’re thrilled to be a part of their journey to build an end-to-end 3D content creation platform.”

Zibra AI’s generative AI technology is already being used by a community of more than 85,000 developers.

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[To share your insights with us, please write to sghosh@martechseries.com]

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