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Riga Metacity: A State-Supported Initiative Set to Become One of Europe’s Largest Metaverse Projects

ARPost

Aside from this, a more concrete action toward building Europe’s Metacities is already underway in Latvia. Riga, Latvia, Chosen as the Bed of Metacity Development in Europe. Based on a study by Cambridge Executive MBA students, the capital city of Latvia has the potential to become the next successful Megacity in Europe.

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Stephen Colbert calls Meta's $230 billion stock drop 'karmic retribution' for misinformation on Facebook

Mashable VR

I lost my umbrella, my shoelace broke, and I personally lost the GDP of Latvia. "It was an especially rough day for Facebook CEO and robot failing to execute the smile protocol Mark Zuckerberg," said Late Show host Stephen Colbert, noting that the stock's drop caused Zuckerberg's own personal wealth to fall by $31 billion. billion in 2020.

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Big XR News from NATO, Google, Adobe, and Apple

XR Today - Mixed Reality tag

Latvia to Host NATO 5G Test Bed for Military XR This week, the North Atlantic Treaty Organisation’s (NATO) Allied Command Transformation inked a deal with Latvia to host member-states for a novel 5G test bed for military-grade emerging technologies, including XR solutions.

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Australian Skeleton Racer Turns To VR For Winter Olympic Training

VRScout

” Desperate for an effective training solution that didn’t involve a 20-hour flight to Latvia, Brown began working with an interactive media developer based out of the University of the Sunshine Coast on the development of a VR application that could enhance his training without the need of a dedicated race track or colder climate. .

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As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

TechCrunch VR

It was founded in 2016 in Riga, Latvia by two brothers, Mikus Opelts and Madars Opelts, and is headquartered in London, U.K. Existing investors LAUNCHub Ventures, Hoxton Ventures, HCVC (Hardware Club) and Change Ventures also participated. To date, the company has raised $22 million in equity and $9 million in venture debt. Giraffe360 camera.

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Latvia to Host NATO 5G Test Bed for Military XR

XR Today - Mixed Reality tag

The North Atlantic Treaty Organisation’s (NATO) Allied Command Transformation has inked a deal with Latvia to host member-states for a novel 5G test bed for military-grade emerging technologies, including extended reality (XR). With the initiative, it would use Latvia as a testing ground for military defence technologies.

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Meta makes fundraising easier ahead of Earth Day

Mashable VR

SEE ALSO: What does it mean to decolonize your donations?