Connect with us

Tech

Qualcomm bets on Metaverse with a new $ 100 million investment fund

Qualcomm bets on Metaverse with a new $ 100 million investment fund

 


Qualcomm has set up a $ 100 million fund to invest in virtual and augmented reality technologies to help Metaverse jump start.

San Diego’s wireless technology company announced an initiative called the Snapdragon Metaverse Fund on Monday. This reflects other funds that Qualcomm has created over the years to advance emerging technologies that are leaving a mark. One example is the $ 100 million Qualcomm Ventures Artificial Intelligence Fund created in 2018.

The company plans to roll out the Snapdragon Metaverse Fund by investing in virtual and augmented reality companies through Qualcomm Ventures’ Corporate Venture Capital division.

We will also establish a funding program for software developers creating virtual and augmented reality content in areas such as gaming, health and wellness, media, entertainment, education, and business content. The application for the Snapdragon Metaverse Fund will officially begin in June.

What is the Metaverse? In general, it’s a virtual world where users can interact digitally as they would in the real world. Augmented reality and virtual reality are part of the Metaverse. The most common application so far is games. However, its potential uses span different disciplines and interests.

Virtual reality allows consumers to take a realistic virtual tour of their home for sale or virtually explore the hotel before booking. They may get multiple camera angles at sporting events. Augmented reality glasses allow foreign travelers to translate signs and menus as they walk around the city, and repair workers can superimpose instructions on the glasses to repair the equipment.

Qualcomm offers the core technologies essential to the Metaverse, including 5G connectivity, artificial intelligence, virtual / augmented reality processors and software. For quite some time, we have provided chips and software to top virtual reality headset manufacturers. This technology extension is an important part of Qualcomm’s efforts to diversify its business beyond smartphones.

Qualcomm CEO Cristiano Amon said in a statement, through the Snapdragon Metaverse Fund, the power to push the boundaries of what developers and businesses of all sizes can do to enter this new generation of spatial computing. I’m looking forward to giving.

Learn more about the Snapdragon Metaverse Fund.

Sources

1/ https://Google.com/

2/ https://www.sandiegouniontribune.com/business/story/2022-03-21/qualcomm-bets-on-the-metaverse-with-a-new-100-million-investment-fund

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]