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Nanome raises $3 million to help scientists get up close with molecular structures in VR

TechCrunch

Discovery and research of new molecular compounds is an expensive business, with development costs exceeding $10 billion per substance in some cases. Nanome streamlines this process by bringing researchers to the same virtual reality space to work on molecule development together. per drug.”.

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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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LG announces the first 50 participants in its LG Nova program

TechCrunch

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. XRHealth Virtual Clinic – Integrates VR/AR, licensed clinicians and real-time data analytics. ” I spoke with Dr. . TRIPP, Inc.

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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 financial institutions, it can transform the way they offer services and training, making them more convenient, engaging, accessible and inclusive.” Metaverse applications are developing quickly. According to  Gartner , 25% of people will spend at least an hour in the metaverse by 2026.

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Labster gets millions from a16z to bring virtual science lab software to the world

TechCrunch

The fact that Labster is a platform innovating learning at scale is really what attracted them.”. The new capital will help Labster increase its staff, grow into new regions that include Latin America and Africa, as well as invest in new product development to better support teachers. Image Credits: Labster.

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Thinking of hibernating through the metaverse winter?

CIO

While some investors and developers pulled back , others kept forging ahead, developing chips for augmented and virtual reality, trialing advertising through augmented reality, and “stockpiling gaming content,” according to CBInsights. During AI winters , devoted innovators persevered, even without concurrence about what AI was and is.