With Chips Short But No Dollars Qualcomm Offers Metaverse For 100 Million

hype metaverse – 2021 is put under the sign, or rather the abbreviation of NFT, and 2022 seems to be the year of the metaverse. In fact, since the beginning of the year, some venture capitalists have decided to launch their own investment fund dedicated to web 3 development, and thus metaverses. in like the griffin gamesChip supplier Qualcomm decided to create its own investment fund geared towards the metaverse.

Qualcomm allocates $100 million to create a metaverse investment fund

Qualcomm Incorporated is a version Microchip Supplier Based in San Diego in the United States. These chips are specifically used to manufacture virtual reality headsets. In addition, Qualcomm has already entered into a partnership With a computer giant, Microsoft, to create electronic chips adapted to augmented reality and thus to the metaverse. This represents now 17% of its sales.

On March 21, 2022, the microchip supplier owns announcement Create an investment fund called Snapdragon Metaverse Box. not less than 100 million dollars This fund will be allocated to invest in companies designated for Technique enable development metaverse. In addition, the Snapdragon Metaverse Fund will invest in developers Artificial intelligence (IA) and extended reality (XR).

Illustration of the basic scheme envisioned by Qualcomm in which there will be two mutual funds – Source: Qualcomm.com

To put it simply, the Extended Reality (XR) It is also called mixed reality which combines augmented reality (AR) and virtual reality (VR). It allows the user to interact with both real environmentand with virtual environment Thanks to his smartphone and AR or VR glasses.

Finally, according to Qualcomm, its metaverse fund should study first investment applications as soon as June 2022.

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For Qualcomm, we will not be able to do without the metaverse of tomorrow’s world

First, Qualcomm announced its ambition to become Ticket to Metaverse » Thanks to 5G, AI and XR technologies. In fact, they consider these three technologies Basic To develop the metaverse of tomorrow.

In addition, the company indicated in its press release that it is developing a file XR only Which would combine a smartphone, VR headset and AR glasses:

“The XR can replace all the other screens in your life, like that big TV in your living room. This device has the potential to become one of the world’s most pervasive and disruptive computing mediums, just like a smartphone today.”

In addition, Qualcomm also announced that developers backed by the Snapdragon Metaverse Fund will soon benefit from “a Quick access Leading extended reality technology, hardware groups, as well as a global network of investors and joint marketing and promotion opportunities. »

The web 3 It fascinates as much as it is intrigue. One thing is for sure: today it has begun to shape itself and its structure. The next few months, as well as the next few years, promise to be rich in technological development. This is all exciting, isn’t it?

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Frank Mccarthy

<p class="sign">"Certified gamer. Problem solver. Internet enthusiast. Twitter scholar. Infuriatingly humble alcohol geek. Tv guru."</p>

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