Chip giant Qualcomm launches $100M Metaverse fund

Qualcomm is aiming to provide the “ticket to the metaverse” via its freshly launched $100 million Metaverse fund and its 5G, AI, and XR technologies.

While crypto has stolen the limelight of late in relation to the ongoing Russian and Ukraine conflict, it appears that interest is starting to pile back into Metaverse projects. Over the past seven days, the prices of native assets from top metaverse projects such as Decentraland and.

While crypto has stolen the limelight of late in relation to the ongoing Russian and Ukraine conflict, it appears that interest is starting to pile back into Metaverse projects. Over the past seven days, the prices of native assets from top metaverse projects such as Decentraland and

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Chip supplier Qualcomm creates $100 million metaverse investment fundQualcomm hopes to broaden the market for its chips through this new metaverse fund, which will begin accepting applications in June.
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Qualcomm bets on the metaverse with a $100-million investment fundSnapdragon Metaverse Fund aims to jumpstart virtual reality and augmented reality outfits toward creating foundational technologies and content for the metaverse.\r\n•
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Qualcomm bets on the metaverse with a new $100 million investment fundSnapdragon Metaverse Fund aims to jumpstart virtual reality and augmented reality outfits toward creating foundational technologies and content for the metaverse.\r\n•
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Qualcomm invests $100 million in the Metaverse, fostering XR techQualcomm has contributed to pushing the development of core technologies for AI and 5G. It cannot be expected to sit the metaverse out.
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Bored Apes Owner Yuga Labs Raises $450M Led by A16z.boredapeyc creator yugalabs has raised $450 million to build out its NFT-based gaming metaverse in a funding round led by a16z. elitanjourno reports
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