ColdFace Interactive
XR Bound
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5 min readJul 12, 2024

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Header design by Harold in Kittl

Happy Friday ! Brazil blocks META AI, Nintendo says Humans FIRST, Sequoia questions AI’s $600B spend, Metaverse Podcast, Global push back against Big Tech AI , and MORE. Lets Start — with this weeks episode of XRB Wire.

Friday’s lineup

  • + Brazil Push back to META AI
    + Nintendo Humans First Approach
    + Sequoia AI’s Bubble Zone
    + Podcast The Metaverse
    + Company Existent
    + VR Game Subside
    + AI / XR / Design News…

NEWS : AI

AI’s $600B Question
Is the AI bubble is inflating at breakneck speed! David Cahn’s analysis reveals that the “$200B question” from 2023 has ballooned into a “$600B question” in 2024.

Despite Nvidia’s meteoric rise to become the world’s most valuable company, there’s a gaping $500B hole between AI infrastructure investments and actual revenue growth.

With GPU stockpiles growing and the next-gen B100 chip on the horizon, BIG question is are we heading for a spectacular burst? [Read More]

Brazil takes a stand against AI data harvesting!
META is blocked from training its AI models on Instagram and Facebook posts of Brazilians. They face a daily fine of R$50,000 if they don’t comply. UK and EU, took a similar stand on data privacy with AI . Is this the beginning of a worldwide push back against big tech? [Read More]

Nintendo Pledges Human-Made Games
Nintendo has made a bold promise that its games will continue to be made by humans, not AI. Nintendo’s stance highlights the irreplaceable value of human ingenuity and craftsmanship, In an era where AI. Should Nintendo be praised or is it a mistake??? [Read More]

NEWS : AR / VR / Game / Design

Meta Quest Gets Parental Controls and Approved Contacts
META new features for the Meta Quest, includes parental controls and approved contacts. Parents can now easily manage and monitor their children’s VR experiences. [Read More]

Duolingo Acquires Design Studio Hobbes
Duolingo worlds favorite language app, acquires Detroit-based design studio Hobbes to enhance its app’s design and user experience. [Read More]

AR Smart Glasses vs. VR Headsets
Will AR smart glasses overtake VR headsets? Can AR smart glasses surpass VR in popularity and usage? VR offers complete immersion, AR smart glasses offer practical uses cases. Join this ongoing debate.[Read More]

PODCAST:

The Metaverse: Matthew Ball & Future Visions
Dive into the future with Matthew Ball’s insights from his book on the METAVERSE with host Yonatan Raz-Fridman !

Discover how AI advancements will reshape virtual worlds, making creation easier and experiences more lifelike. The Metaverse, with its evolving technology and vast user base, holds immense potential for consumers and businesses alike.

Learn about the critical role platforms like Roblox and Fortnite play in shaping this 3D internet, and explore the challenges and opportunities in building a seamless, interoperable virtual ecosystem. You don’t want to miss out on what could be the NEXT BIG technology platform! [Listen Here]

HIGHLIGHT:

Company: Existent
Existent founded by Andy Brunskill and co-founder Dan Webb,
are pioneering the technology for next generation of Virtual Reality (VR) experiences.

Open beta releases on 16th !!!

Existent® is an end to end application framework for virtual reality integrated with Unreal Engine 5. You can start projects with your hardware of choice working together seamlessly and virtual people, places and things all in one place.

They envision a future where it’s easy to create and spend time in infinite alternate realities that are just as compelling as our current one. We want to enable developers and creatives to build any world in which anyone can experience anything.

VR App: SUBSIDE by A2D
Subside by A2D is an “ immersive aquatic VR experience with multiple areas to explore and lifelike aquatic creatures to interact with. Crafted with unparalleled realism, it aims to replicate the nuances of real-life swimming and diving in shallow waters”. The hyper realistic visuals of WATER is stunning and a must-try for VR enthusiasts.

That’s ALL for this WEEK!
The world looks jaded after nearly two years of AI storm and its time to get back to the grind. That’s WHY, we dug up a diverse range of stories and ideas for this edition, hope you learn as much as we did.

Stay tuned for NEXT weeks updates. Till then, let’s stay exited and keep exploring new ideas and applications. ENJOY YOUR WEEKEND

Harold

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ColdFace Interactive
XR Bound

Ghostwriter I Course Creator I Content Strategy I Articles I Blogs- I talk about 3d-XR-Gen AI- Design- Games- Metaverse -Software & Tech. Let Me Write For You.