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Hexa raises $20.5M to turn images into 3D objects for VR, AR and more

TechCrunch

Hexa , a 3D asset visualization and management platform, today announced that it closed a $20.5 After all, the company was once one of the world’s largest smartphone manufacturers — not exactly entrenched in the 3D modeling space. They also can manage and assess the impact of their 3D content through our platform.”

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South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

TechCrunch

According to a recent survey of 16,000 Snapchat users in 16 markets, 92% of Gen Zers want to use AR and VR for online shopping. Retailers can save time and costs by using PlicAR without building their own 3D modeling platform, he added. RECON Labs claims it has more than 10,000 products that are 2D converted into 3D content.

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Daily Crunch: New Point-E AI allows users to generate 3D objects from detailed text prompts

TechCrunch

Making 3D out of text : That’s OpenAI’s new thing as it releases Point-E, an AI that generates 3D models. And not just any models, Kyle writes — it “generates point clouds, or discrete sets of data points in space that represent a 3D shape — hence the cheeky abbreviation.”. Christine and Haje. The TechCrunch Top 3. Big Tech Inc.

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How Nvidia became a trillion-dollar company

CIO

Nvidia’s transformation from an accelerator of video games to an enabler of artificial intelligence (AI) and the industrial metaverse didn’t happen overnight—but the leap in its stock market value to over a trillion dollars did.

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LiveKit co-founder believes the metaverse needs open infrastructure

TechCrunch

D’Sa and his team, which includes co-founder David Zhao, developed a free, open source infrastructure for building and scaling real-time audio and video experiences, aka WebRTC, in applications. Initial use cases for LiveKit’s live audio and video experiences have been cameras at events, but a drone company is even using the technology.

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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

With Emperia, brands can put on live events with hosts that walk them through a virtual space, or customize exhibits and displays with 3D models and images of real-world inventory. The startup’s experimenting with machine learning as well, focusing on the tech’s ability to create visuals and 360-degree videos for product demos.

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Product Science, which develops mobile app performance monitoring tools, lands $18M

TechCrunch

According to a survey from Dimensional Research sponsored by HP, 53% of app users who responded said they’ve uninstalled a mobile app with issues like lag, while 37% said that they hold an app responsible for performance problems. “[They can] scrub through a video recording and dive into the code executed behind the scenes.”

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