The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

When Disney shut down its metaverse division on March 28, 2023, the end of the 50-person division was interpreted as doom for the metaverse, the over-hyped universe of virtual worlds that are all ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Readyverse Studios gave the Consensus crowd a first look today at the ...

Editor's note: Viewing this story in our app? Click here for a better experience on our website. In 1998, North Carolina’s Epic Games achieved its first big hit with Unreal, a first-person shooter ...

While Meta's metaverse vision was overtaken by hype around artificial intelligence (AI), virtual gamified experiences thrived in 2023 and are expected to keep expanding next year, according to a new ...

Epic Games CEO Tim Sweeney imagines the future of his Cary-based company will exist in the metaverse. Sweeney has promoted the metaverse concept since at least 2015, and this spring he went further, ...

Disney cut its metaverse division less than a year ago, but now it looks like it’s teaming up with Epic Games to build one. The Walt Disney Company is acquiring a $1.5 billion equity stake in Epic ...

The Metaverse is a virtual world that enables users to interact with one another, third parties, and groups. The world architect can establish games and other software, and some metaverses enable ...

“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics. Epic Games, the company behind Fortnite, has slashed 16% of its workforce — ...

In 1998, North Carolina’s Epic Games achieved its first big hit with Unreal, a first-person shooter game set on the alien planet Na Pali. Unreal featured dynamic gunplay and pioneering 3D graphics.