Qualcomm announced the launch of a $100 million Snapdragon Metaverse Fund to make investment in developers and companies building immersive XR experiences, as well as associated core augmented reality (AR) and related artificial intelligence (AI) technologies.
The fund plans to deploy capital through a combination of venture investments in leading XR companies by Qualcomm Ventures and a grant program by Qualcomm Technologies for developer ecosystem funding in XR experiences such as gaming, health and wellness, media, entertainment, education, and enterprise.
Qualcomm announces $100 mn Snapdragon Metaverse Fund
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