In the dynamic and ever-evolving Metaverse, this week has been filled with significant developments that promise to change the way people interact with VR.
From Meta’s introduction of a new model of artificial intelligence, to efforts by the World Economic Forum to make the Metaverse a safer and more reliable space than today’s internet, there are a number of dynamics to consider when it comes to virtual reality.
Meanwhile, Siemens is making a massive investment in the industrial Metaverse, and UK lawmakers are considering applying online security law to the Metaverse.
Finally, Upland and FIFA are bringing the excitement of the FIFA Women’s World Cup 2023 to the Metaverse. These are just some of the highlights of the week in the Metaverse, an attestation to the rapid advancement and growing importance of this digital space.
Meta Introduces Llama 2, the ChatGPT Competitor with the Potential to Transform Artificial Intelligence
Meta has released Llama 2, an artificial intelligence model that promises to revolutionize the way we interact with technology. This new AI model aims to improve conversation and interaction with users, offering more precise and contextually relevant answers, according to a recent publication by Metaverso247.
“We are releasing Llama 2, the next generation Large Language Model, open source from Meta. Available free of charge for research and commercial use,” as announced by Mark Zuckerberg
Meta owner added that Llama 2 represents “the next generation of our great open language model.” trained with 40% more data than its predecessor.
World Economic Forum Aims to Overcome Internet Reliability with the Metaverse
The World Economic Forum is working on a project to make the Metaverse more reliable than the current Internet. The goal is to create a secure and trusted digital environment where users can interact and transact without fear of hacking or data theft.
The World Economic Forum initiative, known as Define and Build the Metaverse, is dedicated to collaborating with diverse stakeholders to address the risks associated with future immersive environments, while fostering a thriving online economy.
Siemens Injects Millions into Industrial Metaverse Project
Siemens is investing €1 billion in developing the industrial Metaverse. The company hopes that this project will boost innovation in Germany and establish a technology campus in Erlangen for research and development in the area of the industrial Metaverse.
“This investment is a clear signal for Germany as a place of innovation and production. The modern manufacturing facility being built in Erlangen is a good example of how our economy is moving towards a climate-neutral future, as a strong industrial country with good, sustainable jobs,” German Chancellor Olaf Scholz said.
UK Lawmakers Debate Extension of Online Security Law to the Metaverse
UK lawmakers are debating whether the online safety bill should be extended to the Metaverse. Lawmakers are actively considering including the metaverse in the online safety bill to protect children and vulnerable people.
The bill’s progress in the House of Lords and the ongoing dialogue surrounding it demonstrate the commitment of UK lawmakers to address emerging challenges in the digital realm.
Upland and FIFA Launch Metaverse Experience for Australia & New Zealand 2023 Women’s World Cup
Upland, a leading Metaverse Web3 application, is extending its partnership with FIFA to provide an immersive Web3 experience for soccer fans during the FIFA Women’s World Cup Australia & New Zealand 2023. Fans will be able to interact and celebrate the spirit of women’s soccer in this virtual realm.
By Audy Castaneda
