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Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation

TechCrunch

Avataar helps direct-to-consumer brands and e-commerce marketplaces with shaping their consumer journeys with 3D rendition of products. As long as the product images are in at least 1080p resolution, Aluru said, Avataar can stitch a virtual and 3D version from it. The six-year-old startup has raised about $55.5 Avataar.me

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Power Immersive, Engaging, Impactful Learning Experiences with AR/VR

Trigent

Homeschooling, online degree programs, virtual classrooms have all been progressive steps in the direction of transformative technological innovation. But with Virtual Reality (VR) and Augmented Reality (AR) coming into the picture, things have changed radically for the education sector. Propelling-immersive-learning-with-AR-VR.

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Three Ways Retailers Can Use AR and VR to Boost Post-Sale Customer Experience

Perficient

A Google survey found that 66% of people said that they’re interested in using augmented reality (AR) for help when shopping, and Shopify revealed that interactions with products having 3D content showed a 94% higher conversion rate than those without it. Using AR and VR Post Sale Think about what happens after you make a sale.

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5 measures to gauge your digital portfolio maturity

CIO

The motivations to digitize client-facing solutions vary but are often both push and pull: a push from your organization to grow revenues, gain competitive advantage, and further differentiate products and services, and a pull by the market looking for the latest technologies such as AI/ML, AR/VR, and digital twins for immediate business benefit.

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Y Combinator-backed Poly uses AI to generate art assets

TechCrunch

One of the more interesting ventures to emerge from the space recently is Poly, which lets designers create video game and other virtual assets, including textures for 3D models, using only text prompts. Poly’s first tool in its planned web-based suite generates 3D textures with physically-based rendering maps.

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How the metaverse will help financial organizations transform employee and customer experience on Microsoft Cloud

CIO

For example, clients can hold virtual consultations with investment advisors across the globe and improve their financial knowledge by using 3D interactive tools. Organizations can then co-create experiences on the TCS Avapresenceä platform , which uses blockchain, AI, AR, VR, and mixed reality technologies to address customer needs.

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5 hot IT budget investments — and 2 going cold

CIO

Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificial intelligence continue to grow in several verticals. There are indications the voice market is slowing.

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