Microsoft dumps Metaverse for ChatGPT
According to an internal report, Microsoft closed the Industrial Metaverse team. The funny thing is that this team was only active for just four months. The company also fired all 100 of its staff, including its two early pioneers. The next day, there were reports that Microsoft is firing workers from its Xbox team.
In a message to all staff at the start of this year, Microsoft President Satya Nadella confirmed the layoff of 10,000 workers or 4.5% of the company’s workforce. Since then, there have been rumours that this round of cutbacks may target the Metaverse divisions that are pertinent. Soon after, Microsoft revealed the shutdown of AltspaceVR, a virtual reality social network it had bought in 2017. The company also dissolved all associated teams.
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