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MICROSOFT IS DISBANDING ITS INDUSTRIAL METAVERSE TEAM
$Microsoft (MSFT.US)$ , the latest IT behemoth to go down on its metaverse plans, let go of its roughly 100-person industrial metaverse team. The team was focused on developing metaverse capabilities for industrial environments.
According to The Information, which cited a source with “direct knowledge of the matter,” the business said that it was disbanding its industrial metaverse team, which had only been operating for around four months.
The decision by Microsoft to close down the Metaverse team is particularly surprising, considering the company’s passion for the sector. It has spent years developing the mixed reality HoloLens gadget, although it is unclear if it will be a commercial success.
The decision by Microsoft to close down the Metaverse team is particularly surprising, considering the company’s passion for the sector. It has spent years developing the mixed reality HoloLens gadget, although it is unclear if it will be a commercial success.
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