Animoca Brands
Animoca Brands is a digital entertainment company known for blockchain gaming, virtual assets, metaverse projects, and game investments.
Explore AIstify's latest reporting, research, and expert analysis tagged with "metaverse", collected in one continuously updated archive.
Animoca Brands is a digital entertainment company known for blockchain gaming, virtual assets, metaverse projects, and game investments.
Meta will shut down the VR version of Horizon Worlds and transition the platform to mobile-only. The move reflects a broader shift away from metaverse investments toward AI.
Meta plans to lay off roughly 10% of its Reality Labs team, reflecting a shift in focus from metaverse projects to artificial intelligence. The move coincides with broader AI infrastructure investments.
Meta may reduce Metaverse funding by as much as 30% amid weak consumer demand and rising AI investment priorities, while regulatory pressure in Europe continues to grow.