The metaverse space race will be visible from Wall Street

In the last 12 months, we have found that the Metaverse is seen by many as the next major frontier in technology. Facebook’s prominent anger Rebranding to Meta While showing that the 21st century’s biggest technology space race will be fought on the Wall Street battlefield, the stock market is also identifying some of the forgotten players that are essential to this brave New World mechanic. It was useful.

The Competition for the Metaverse This is a unique outlook for the 21st century. The main reason is that there is little understanding of what such an innovative mixed reality digital space really looks like, or how businesses are trying to leverage new technologies.

So who will succeed Most profitable From the Metaverse? To solve this puzzle, understand the possible forms of the Metaverse and how technology needs to adapt to the scale of what could be the greatest innovation of the century. Is important.

According to predictors, the Metaverse is expected to grow at an alarming rate in 10 years, accumulating market value of over $ 1 trillion in a few years.

According to PwC data, the value of the global Metaverse market is expected to exceed $ 1.5 trillion by 2030. This growth rate helps explain why companies like Facebook are willing to change their names to accommodate this emerging market. While giving ourselves the best chance to establish our position as an early market leader.

As a result, the newly rebranded Meta shocked Wall Street investors with the name change. Rising inflation..

Today, the stock price of Meta (NASDAQ: FB) fell by about 35.5% from the stock price due to the announcement of the company name change. However, CEO Mark Zuckerberg may have accepted short-term losses, given the outlook for short-term declines in corporate equities and with long-term metaverse growth firmly in mind.

The most memorable technological phenomenon that caused this turmoil has spread to and beyond the global stock market. It was the turning point of the millennium, the dot-com boom. However, the Metaverse competition seems to be radically different, as companies are trying to take advantage of the vast potential of the market, facilitating the battle between well-known Wall Street companies.

Here we see that companies like Meta and Microsoft are adopting very different strategies to get some important early attention before the driving force for widespread adoption of technology takes hold. increase.

According to Maxim Manturov, Head of Investment Advice at Freedom Finance Europe, Facebook’s rebranding to Meta could mean launching a starter pistol in a race that will swallow large cap stocks on both the NYSE and NASDAQ. I have.

“The tide could pull up all ships,” and Facebook’s actions have allowed many companies to discover new products and sales channels. In most cases, given that FB is a tech giant, the strong hype surrounding other companies was due to its size. Later, for small businesses like Roblox and Unity, Metaverse created more accelerated growth opportunities, which were temporarily reflected in prices. That’s why investors were so interested in it, “Manturov explained.

Meta rebranding in November 2021 paved the way for other stocks that are essentially linked Appearing Metaverse.. Many of these tech stocks have been heavily impacted by the recent inflation-driven sale of tech stocks, but many companies that are essentially related to the Metaverse mechanism are scrutinizing the move on Wall Street. increase. It’s one of the most reliable indicators of how the Metaverse actually works.

With this in mind, let’s take a closer look at what Wall Street is telling us about the Metaverse architecture.

New frontier architecture

Despite the very public behavior of Meta in recent months, little attention has been paid to the mechanism of the Metaverse and how such important technological developments are possible.

According to Raja Koduri, VP of Intel’s high-speed computing systems and graphics group, powering the Metaverse requires 1,000 times more computing power than is currently available.

Koduri added that placing just two people in a realistic virtual space would require a great deal of computing power to render a realistic avatar with detailed and diverse clothing, hair and skin. rice field. To be able to create audio capabilities and accurate motion, you need sensors that can track audio and physical data inputs and the ability to interpret interacting real-world objects. Bringing such an avatar to life requires a combination of very high bandwidth and low latency, and what this is to serve users on a scale that many experts predict will reach space. It needs to be duplicated 100 million times.

With this in mind, it is worth considering who can provide such computing power, and more importantly, who can provide such computing power.

As a result, Nvidia seems ready to take advantage of the fluency of GPU solutions to transform tomorrow’s Metaverse into an accessible frontier.

Nvidia’s Omniverse is now, at least in part, a digital space that is very likely to be used to develop a full-fledged metaverse tomorrow.Currently over 50,000 individual creators I’ve been downloading Omniverse since the beta was released in December 2020. The number of creators participating in Omniverse has recently opened due to integration with other major platforms such as Blender and Adobe. Additional users It works within the framework.

Needless to say, NVIDIA Equity (NASDAQ: NVDA) is an example of a relatively strong and stable company with a large number of equity sales. In fact, the company has grown more than 100% value in just one year.

This insight is despite the huge level of development of computer graphics required. Deliver Metaverse tomorrowInvestors are confident that NVIDIA’s GPU Heritage can provide the power needed to create a functional digital space for tomorrow.

Companies that have difficulty becoming metaverse leaders need to address the central role that big data and artificial intelligence always play in the new technology environment.

The Metaverse heralds the arrival of many new challenges, and the recent rise of AI solutions has played a central role in the continued advancement of the worldwide web’s native modality, such as voice, language, and vision. There is a possibility to fulfill.

As Joelle Pineau, Co-Managing Director of Facebook AIResearch Acknowledged big data and AI Creating a mass-distributed seamless experience for a large number of Metaverse users online at any time requires a great deal of effort.

The vast amount of data you enter into the Metaverse requires an unprecedented level of machine learning capabilities to interpret gestures, voice, and browsing habits in order to respond in real time.

Pinault acknowledges that while the demands of the Metaverse open up new opportunities for AI, they also require “major advances in AI models.”

In order for the Metaverse to be truly widespread, as suggested by the closest company, it is essential that data and AI models be integrated between the various efforts to achieve the goal. Establishing a “world model” may be essential to provide a truly global metaverse.

The Metaverse Space Race is being competed by many different companies operating in different fields. In addition to the very common movement of industry leaders, companies like Microsoft can also be seen leveraging a series of strategic acquisitions to build an industry-wide monopoly in the gaming arena.

“Games are the most dynamic and exciting category of entertainment on all platforms today and play a key role in the development of the Metaverse platform,” said Microsoft Chairman and CEO. Satya Nadell In a statement after the company acquired video game giant Activision Blizzard for $ 68.7 billion in early 2022.

Microsoft’s acquisition of Activision Blizzard is one of the recent acquisitions of tech giants in the surge in acquisitions of video game and digital media companies.

This strategy is widely accepted by Microsoft as a strategic bid. Metaverse Market Leader Through the development of compatible video games – the company says this First frontier Of the new technology ecosystem.

Microsoft’s approach could mimic the company’s launch of a free-to-use Internet Explorer browser in the mid-1990s as a way to attract a large number of customers to Windows software, as the World Wide Web was still in its infancy. There is sex.

Again, Microsoft’s acquisition-based approach helps Wall Street perform better than Meta, Roblox, and other companies bidding to emerge as market leaders in this space. I did.

There’s still a long way to go before you can use Metaverse to play with your friends or shop for groceries in virtual reality. But as companies scramble so openly to accommodate the new digital space, you can see major tech stocks fighting in real time on Wall Street. With this in mind, the market may provide the most powerful indicator to date where the Metaverse Space Race will win or lose.

Dmytro Spilka is Solvid’s Head Wizard.