Top news of the week: 06.02.2023.
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
Ready Player Me launches trial of generative AI avatar creator
Ready Player Me is launching an experimental trial where players can use generative AI to craft their own avatar outfits.
Meta’s Reality Labs lost $13.7 billion on VR and AR last year
Meta's investment into its vision of a VR-connected future for social media remains colossal.
Exclusive Q&A: John Carmack’s ‘Different Path’ to Artificial General Intelligence
John Carmack, the iconic Dallas game developer, rocket engineer, and VR pioneer, is taking aim now at solving AGI. If successful, his moonshot effort would be a ‘change-the-world-level’ ...
Tom Hanks and Robin Wright Will Be Digitally De-Aged in New Robert Zemeckis Movie
Tom Hanks and Robin Wright may look a little younger in the upcoming movie “Here” from director Robert Zemeckis. The film, which reunites the “Forrest Gump” co-stars after n…
Metaphysic partners with CAA to develop generative AI for creative artists
Metaphysic partnered with entertainment and sports agency Creative Artists Agency (CAA) to develop generative AI tools for talent.
Judge said to reject FTC effort to block Meta’s VR acquisition
The case was widely viewed as a test of a new competition movement — sometimes derisively called “hipster antitrust” — that argues that antitrust laws apply to future competition, not just ...
Metaphysic Partners With CAA; Named Sole AI Provider For Robert Zemeckis Film ‘Here’
Metaphysic, which captured attention in 2022 by using artificial intelligence to create avatars of Elvis Presley on America’s Got Talent, has formed a strategic partnership with CAA to ...