Meta
Meta unveils Metaverse AI supercomputer, claims it will be world’s fastest
Facebook’s parent company Meta says that its newly-created artificial intelligence (AI) “Research SuperCluster” (RSC) will “pave the way” towards building the Metaverse. The social media giant said that it believes RSC is already one of the fastest supercomputers in the world and will snag the top spot when it’s fully operational in mid-2022, according to a Jan, 24 blog post unveiling the hardware. “Developing the next generation of advanced AI will require powerful new computers capable of quintillions of operations per second,” wrote the company. “Ultimately, the work done with RSC will pave the way toward building technologies for the next major computing platform — the metaverse, where AI-driven applications and products will play an important role.” CEO Mark Zuckerberg added in a Jan....
3 reasons why Near Protocol (NEAR) just hit a new all-time high
The layer one (L1) battle is starting to heat up again and multiple protocols have seen their token values rise in recent weeks as traders venture out to see what life is like outside of the Ethereum (ETH) network. One L1 protocol that has seen its token price climb to a new all-time high this week was NEAR, a community-run cloud computing platform focused on interoperability and lightning quick transaction speed. Data from Cointelegraph Markets Pro and TradingView show that, following a pullback that hit a low of $13.10 on Jan. 9, the price of NEAR climbed more than 50% to establish a new record high at $20.36 on Jan. 14. NEAR/USDT 4-hour chart. Source: TradingView Three reasons that contributed to the growing strength of NEAR include the successful completion of a $150 millio...
Samsung launches metaverse store in Decentraland
Samsung is the latest megacorporation to announce a metaventure project, choosing Decentraland for its metaverse project. On Thursday, the consumer electronics giant announced the opening of a virtual replica of its iconic New York physical store in order to enhance customer interaction at a time when COVID-19 is keeping people away from physical shops. The Samsung metaverse store is a replica of a real-world shop situated at 837 Washington Street in New York City’s Meatpacking District in Manhattan. The Samsung 837X shop will now be accessible in the metaverse for a limited time. The company claims that it is one of the largest brand land takeovers in Decentraland, a blockchain-powered metaverse. Customers must first enter Decentraland via a web browser to access the store. Aft...
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?
Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion. Celebrities ape into BAYC For the uninitiated, BAYC is a collection of 10,000 cartoons of anthropomorphic apes with stylish clothes and disreputable expressions. Each ape is practically an image file that should be worthless in a sane world. Nonetheless, they have been managing to fetch astonishing sums, sometimes from some of the world’s most renowned celebrities. For instance, Jimmy Fallon, a popular American TV host, bought the image of a Bored Ape that wore a striped T-shirt and heart-shaped shades for almost $220,000 in November ...
Shanghai includes metaverse in its development plan
Shanghai, China’s most crowded city, is looking for ways to use a metaverse in public services over the next five years. Shanghai Municipal Commission of Economy and Information Technology’s five-year development plan for the electronic information industry listed four frontiers for exploration, and one of them is the metaverse. According to a CNBC report, the paper called for promoting the metaverse’s use in public services, business offices, social leisure, industrial manufacturing, production safety and electronic games. The commission plans to encourage further study and development of underlying technologies, such as sensors, real-time interactions and blockchain technology. China’s interest in new technology has been unwavering in recent years, and its efforts to establish ...
Meta Looks to Boost Virtual Reality in Africa’s Storytelling
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Mastercard & Meta Join Forces to Support SMEs in Africa
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Could Ethiopia Ban Facebook After It Deleted PM Abiy Ahmed’s Post?
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Meta – Where Did Facebook Get Its New Name From?
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Mark Zuckerberg Officially Rebrands Facebook as Meta, Twitter Hilariously Reacts
HipHopWired Featured Video CLOSE Source: Facebook / Mark Zuckerberg Announces Meta Mark Zuckerberg finally revealed his worst-kept secret. Thursday (Oct.28), Facebook founder Mark Zuckerberg revealed the company’s new name going forward would be Meta during its Connect event. “We are a company that builds technology to connect,” Zuckerberg nerdily gushed. “Together, we can finally put people at the center of our technology. And together, we can unlock a massively bigger creator economy.” Zuckerberg said the name Facebook doesn’t fully represent everything the company does and believes it is linked to one product stating, “But over time, I hope we are seen as a metaverse company.” https://twitter.com/LetsOTT/status/1453794047311507456?s=20 Related Stories Thursday’s announcement cements the...
Mark Zuckerberg Officially Rebrands Facebook as Meta, Twitter Hilariously Reacts
HipHopWired Featured Video CLOSE Source: Facebook / Mark Zuckerberg Announces Meta Mark Zuckerberg finally revealed his worst-kept secret. Thursday (Oct.28), Facebook founder Mark Zuckerberg revealed the company’s new name going forward would be Meta during its Connect event. “We are a company that builds technology to connect,” Zuckerberg nerdily gushed. “Together, we can finally put people at the center of our technology. And together, we can unlock a massively bigger creator economy.” Zuckerberg said the name Facebook doesn’t fully represent everything the company does and believes it is linked to one product stating, “But over time, I hope we are seen as a metaverse company.” https://twitter.com/LetsOTT/status/1453794047311507456?s=20 Related Stories Thursday’s announcement cements the...
