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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 Apple also waded into the area of virtual reality, working on developing a high-end VR headset. Construction tech startup Agora raises $33M in Tiger Global-led round amid 760% YoY ARR growth.

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Luma raises $4.3M to make 3D models as easy as waving a phone around

TechCrunch

The company has developed a new neural rendering technology that makes it possible to take a small number of photos to generate, shade and render a photo-realistic 3D model of a product. In other words: you can see a 3D image of the product you’re considering in a VR headset. Image Credits: Luma. Image Credits: Luma.

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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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5 Principles to Ensure Successful Implementation of AR/VR in Real Estate Firms

Trigent

AR/VR in real estate presents the perfect solution to the changing needs of discerning customers. The global AR VR in the real estate market ecosystem 1 is expected to grow at a CAGR of 31.2%, increasing in value from USD 298.6 Benefits of AR/VR in real estate. million in 2018 to USD 1,151.9 million in 2023. Prepare for change.

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Top 10 AR Trends That Will Shape The Future Of Augmented Reality

Openxcell

More than 60% of shoppers prefer to shop by utilizing Augmented Reality, and 46% of shop owners are impressed by the AR/VR solution. Trend: 2 The Metaverse With AI-powered AR and VR technology, the market is shifting toward the digital virtual world. Additionally, they can be used together to create a unique experience for users.

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Digital Product Trends That Will Shape 2023

UruIT

This integration comprises two parts: digital twin technology and 3D printing. After testing out components in the virtual environment, engineers can modify and alter them before creating them using 3D printing technology. Innovation is endless, providing designers with unprecedented chances to push design limits.

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Digital twins are primed to revolutionize the infrastructure industry

CIO

billion, according to a report by MarketsAndMarkets.com, and the infrastructure and architectural engineering and construction (AEC) industries are integral to this growth. By 2026, the global digital twin market is expected to reach $48.2 This saves time and greatly reduces injury risk. A real-time system of record.