METAVERSE Current Affairs, GK & News

Metaverse

Metaverse is the term used to describe the future iteration of the internet. It is made of persistent 3D virtual spaces. These spaces are linked to the virtual universe. In simple terms, it is the digital reality that combines online gaming, social media, crypto currencies and virtual reality. Like UNIVERSE refers to expanding sky, METAVERSE ..

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MeitY Startup Hub and Meta launch XR startup program

The XR Startup Program was jointly launched by MeitY Startup Hub and Meta to create the next generation startups focusing on Extended Reality Technologies. Key facts The XR Startup Program is an accelerator program aimed at supporting and accelerating extended reality (XR) startups in India. This newly launched initiative would focus on skilling and building ..

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Bharat Block-chain Network and Polyversity Metaverse

On June 6, 2022, the Information Data Systems (IDS) launched Bharat Blockchain Network which is an Academic Blockchain Consortium & Polyversity which is an Educational Metaverse. Highlights Bharat Blockchain Network and Polyversity was launched in the presence of Minister for Education Dharmendra Pradhan and AICTE officials during an event organised at AICTE Auditorium. This event ..

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WEF: Metaverse for Public- Private Collaboration

To harness the potential of the metaverse, the World Economic Forum (WEF) recently announced that it is building a “Global Collaboration Village” as the virtual future of public-private cooperation. It will provide immersive spaces for stakeholders to come together and address critical global issues. What is Global Collaboration Village? The Global Collaboration Village will be ..

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Telangana SpaceTech Framework

On 19th April 2022, the government of Telangana launched its first space-tech Framework. This framework was launched with the vision of establishing the state as a globally recognized destination for space technology. Overview: This launch event was hosted on the metaverse, making it the country’s first such official event. Through this framework, Telangana will be ..

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JPMorgan’s Lounge in the Metaverse

The first bank to set up shop in the metaverse is JP Morgan. A lounge in Decentraland, a blockchain-based community has been set up by the largest bank in the United States. Overview: Users can create virtual avatars and rooms, and travel in the ‘Onyx Lounge,’ of the Ethereum-based services it offers. A digitized image ..

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World’s fastest AI supercomputer

According to Facebook parent company Meta, its new “artificial intelligence supercomputer” will be the fastest across the world, by the middle of year 2022. Highlights Meta introduced the AI Research Super Cluster (RSC) on January 24, 2022. It is believed to be among fastest AI supercomputers running today. Currently, AI can perform tasks such as ..

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