Tech companies VS Metaverse - Metaverse Blog

Who's building the metaverse?

Tech companies VS Metaverse
Tech companies VS Metaverse
The metaverse broadly refers to the idea of a shared virtual platform that people can access through different devices and where they can move through digital environments. Here are a few companies playing a role.
The metaverse broadly refers to the idea of a shared virtual platform that people can access through different devices and where they can move through digital environments.
The concept, which could be more than a decade away from being fully realized, will take cooperation among tech giants.

Technology companies building the metaverse

Here are a few of the companies playing a role:
  1. "Facebook", which will start trading as Meta Platforms on Dec 1, has said it wants to be seen as a metaverse company rather than a social media one. The tech giant, which has about 3 billion users, has been investing heavily in augmented and virtual reality and has been building out its VR environment Horizon, accessed through its Quest headsets.
  2. "Roblox Corporation", the Video game platform which went public this year, envisions the metaverse as a place where people can come together within millions of 3D experiences to learn, work, play, create and socialize. Roblox aims to give users and developers ways to create digital worlds.
  3. Epic is the company behind the video game phenomenon Fortnite, which has moved beyond its core shooting game to social experiences like dance parties and virtual music concerts. Users pay to dress their avatars in different costumes and can build their own islands and games. Epic also owns a large gaming engine, Unreal, used to develop games and other visual effects like TV show backdrops.
  4. Ecommerce giant Amazon.com Inc, which is the world's largest cloud services vendor and has multiple media offerings, is also seen as a potential player in the metaverse.

Location: United States

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