Editor’s Note: After publication of this story, Infinite Reality issued a press release disclosing the identity of their anonymous investor. Forbes is continuing to report on this news. See related ...

Infinite Reality Inc., a metaverse company that builds and powers virtual reality immersive digital media experiences for brands and creators, said today it will acquire agentic artificial ...

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...

Then, in “What to expect from the next big thing”, we look at exactly what the Metaverse can do for us, with Mark Thiele, CEO of Edgevana, and Dale Perkins, co-founder of Infinity Metaverse – ...

As the Metaverse evolves beyond its early hype cycle, its real potential is becoming easier to see. Instead of standing alone, it’s increasingly tied to bigger shifts across tech, including advances ...

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of dollars in losses and wiped out a huge chunk of shareholder value, the company ...

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...

Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has finally come due. After roughly $70 billion in cumulative losses tied to virtual ...

In a memo to employees earlier this week, Meta CEO Mark Zuckerberg shared a vision for a near-future in which “personal [AI] superintelligence for everyone” forms “the beginning of a new era for ...

Meta reorganizes its metaverse unit, shifting Vishal Shah to its AI division, per an internal memo. Gabriel Aul and Ryan Cairns now lead Meta's metaverse efforts, focusing on VR and mobile. Meta CTO ...

In this article, we will discuss the 12 Best Metaverse Stocks to Invest in. The metaverse, which comes under the video games industry, is a fast-growing digital frontier where immersive tech creates ...

The word “metaverse” has been used so often in recent years that it can feel more like a buzzword than a concrete idea. Tech companies promise it will change how we work, learn, play, and even relate ...