In his opening keynote of CES 2024, Siemens CEO Roland Busch discussed the emergence of immersive engineering as part of the the industrial metaverse, merging the real and digital worlds. “We envision the industrial metaverse as a virtual world that is nearly indistinguishable from reality, enabling people — along with AI — to collaborate in real time to address real-world challenges”.

Futureverse, an AI and metaverse company, has announced a collaboration with Ernest Cline, author of “Ready Player One,” to form Readyverse Studios. The new studio aims to create a metaverse destination for fans to engage with various stories and intellectual properties.

Finland is spearheading a transformative Metaverse initiative, projecting a 2035 landscape where its leadership in this digital frontier is globally acknowledged. The national strategy is not just about technological advancement but also encompasses a commitment to societal values like well-being, equality, and sustainability.

In 2023, despite all the negative sentiment, the International Telecommunication Union (ITU) has made significant strides in shaping the future of the metaverse through the approval of various deliverables by the Focus Group on the Metaverse (FG-MV). These deliverables, spanning technical reports, specifications, and guidelines, reflect the comprehensive approach ITU is taking to address the multifaceted aspects of the metaverse. This article provides an overview of these contributions, highlighting their significance and potential impact.

The Metaverse, merging virtual and augmented reality, is projected to see a substantial increase in user engagement by 2026. This trend is highlighted by recent data from BanklessTimes.com, suggesting a shift in how people engage with digital environments for various activities.

BIM World 2023, held last week in Munich, provided a clear insight into the current state of digitalization in the construction sector. It is evident that digitalization has now become a standard practice in this field. The focus has shifted from the ‘why’ to the ‘how’ – how companies and their clients can benefit from digitalization is the prevailing question.

BSV Blockchain launched its annual Blockchain Barometer in partnership with research house, YouGov. The national survey reveals the UK’s shocking lack of knowledge and understanding of key emerging technologies, including AI, cryptocurrencies, Chat GPT, blockchain, metaverse, Web 3, and IoT. The individual technologies that fared best in the UK have been widely reported in global media recently. AI ranked top, with 53% claiming to understand the technology, compared to 30% who understood cryptocurrencies, 26% the metaverse, 13% blockchain, and only 6% who said they understood Web3.

Over 150 startups, scale-ups, and techpreneurs from over 40 nations across the globe have submitted their innovative solutions in the realms of planning, construction, operations, and environment that are shaping the future of our landscapes. The ecosystem in connected technologies and Deep-Tech has joined forces with BIM World MUNICH and the Mittelstand-Digital Zentrum Bau for the 6th SMART BUILDING / SMART CONSTRUCTION INNOVATION WORLD CUP to seek out pioneering solutions in smart construction, real estate, smart cities, and urban planning. 

The global metaverse market is poised for significant expansion, with an estimated growth of USD 1,152.35 billion expected from 2022 to 2027, according to a report by Technavio. The market is projected to grow at a compound annual growth rate (CAGR) of 40.06% during this period, with growth momentum anticipated to accelerate.

HP has unveiled the newest addition to the Z by HP workstation lineup: the HP Z6 G5 A, a cutting-edge desktop workstation designed to meet the demanding needs of virtual production, 3D rendering, AI, and machine learning professionals. With the highest number of cores ever in a Z by HP workstation and the ability to configure up to 3 high-performance graphics cards,1 the Z6 G5 A is set to revolutionize productivity and performance.