Microsoft has canceled its Industrial Metaverse project, and approximately 100 employees have been laid off.
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Microsoft has canceled its Industrial Metaverse project, and approximately 100 employees have been laid off.
According to The Information, citing知情人士, Microsoft has canceled its Industrial Metaverse project, and approximately 100 employees working on the project have been laid off. Microsoft stated that it will now prioritize projects capable of generating revenue in the short term. The Industrial Metaverse, reportedly established four months ago, was part of Microsoft's broader metaverse initiative. The project aimed to develop software interfaces for controlling systems behind power plants, industrial robots, and transportation networks, designed to...
Navigating Web3 tides with focused insightsTechFlow news, according to The Information citing sources familiar with the matter, Microsoft has canceled its Industrial Metaverse project, and approximately 100 employees working on the project have been laid off. Microsoft stated that it will now prioritize projects capable of generating revenue in the short term.
The Industrial Metaverse was formed four months ago as part of Microsoft's metaverse initiative. The project aimed to build software interfaces for control systems behind power plants, industrial robots, and transportation networks, leveraging digital twins to enhance productivity and efficiency. Original link
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