Decentraland Partners with Inworld to Introduce AI NPCs in the Metaverse

Decentraland has partnered with Inworld to infuse more vitality into its metaverse platform using artificial intelligence technology. They have installed three AI-driven NPC characters in Decentraland's Genesis Plaza: Simone the Robot, who can answer questions and provide information; Doge, inspired by internet memes; and Aisha, a 23-year-old game streamer with her own stories and opinions. Future plans include promoting AI-driven NPC characters to landowners and allowing users to create their own AI-driven characters through Inworld. This collaboration has injected more interactivity and fun into Decentraland's virtual world.

Meta may cut up to 30% of its metaverse budget next year

Meta plans to cut the budget for its metaverse division next year, with the reduction possibly reaching 30%, which may affect the Quest headsets and the Horizon Worlds project. The company had previously invested billions of dollars, but recent strategic adjustments indicate that its investment in the metaverse may slow down.

The First Artificial Intelligence Art Academy in China Established in Tianjin

Recently, Tianjin Academy of Fine Arts held a grand unveiling ceremony for the first artificial intelligence art academy in Chinese universities. The establishment of this academy marks a new milestone in the integration of artificial intelligence and art. Source Note: Image generated by AI, image authorized by Midjourney. The main goal of the Artificial Intelligence Art Academy is to build a platform to promote cooperation among artists, scientists, research institutions, and innovative enterprises. The academy will focus on achieving innovation and breakthroughs in the fields of methods, tools, and scenarios of artificial intelligence art.

Meta Third Quarter Financial Report: Core Business Grows Strongly But Metaverse Division Loses $4.4 Billion

Meta (formerly Facebook) recently released its third quarter financial report for 2023. While the core business performed well, the hefty losses in the Metaverse division raised concerns among investors, causing the company's stock to drop over 3% in after-hours trading. This report highlights Meta's complex growth dilemma. Data shows that, as of September 30, Meta's third quarter revenue reached $40.6 billion, a 19% increase year-over-year, exceeding market expectations of $40.3 billion. However, the Metaverse business, Reality Labs, reported significant losses.

National Day Secretly Launching Something Big! Meta's Movie Gen Video Generation is Here: Generate 16-Second HD Videos with Just One Click, Including Voiceovers

Meta recently released Movie Gen, an AI video generation model hailed as the 'metaverse version of Sora'. It not only allows for one-click creation of high-quality videos but also provides voiceovers, editing, and even turns personal photos into personalized videos. With the simultaneous release of a 92-page technical report, the powerful features and advanced architecture of Movie Gen have garnered widespread attention in the industry. Movie Gen Video: A Revolution in HD Video Generation. Movie Gen consists of two core models: M

Decentraland Partners with Inworld to Introduce AI NPCs in the Metaverse

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