Microsoft cuts metaverse development division

Tech giant Microsoft has fired 100 employees from the company’s Metaverse team, raising suspicions that the company has lost faith in the technology.

Microsoft cuts metaverse development division

According to The Information, a group of 100 employees to be cut “Industrial Metaverse Core”, focusing on building the operating system interface. This group was only formed about 4 months ago.

Microsoft has been active in the metaverse for many years, with the main product being the device HoloLensbut was not commercially successful.

Before that, in November 2021, Microsoft has spends up to 68.7 billion USD for the record acquisition of the game company Activision Blizzard to reflect determined to enter the Metaverse. Microsoft CEO Satya Nadella at this time also emphasizes the importance of the Metaverse as the world is entering an increasingly technological age.

Microsoft continues a long wave of layoffs, following other big names like Google, Amazon, Salesforce and Meta. This decision of the big guys has made many people doubt whether the era of “virtual reality” technology is coming to an end.

However, in the opposite direction, large technology corporations continue to make great strides in their technology development. Typically, Microsoft’s 10 billion USD investment into OpenAI, the “father” of the popular ChatGPT tool. The corporation recently announced the integration of ChatGPT into its Edge and Bing browsers.

In addition, Alphabet Inc., the parent company of Google, committed to invest $ 400 million in Anthropic, a rival of ChatGPT, raising public interest in an upcoming “AI war” between Silicon giants. Valley.

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