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Alibaba reportedly cuts dozens from metaverse unit

November 4, 2024 by DIGIT
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The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. 

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Categories ai, Alibaba, China, metaverse, Reality Labs
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  • ethereumEthereum(ETH)$1,957.18-1.76%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.37-2.42%
  • binancecoinBNB(BNB)$600.79-2.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$80.39-2.03%
  • tronTRON(TRX)$0.278124-0.05%
  • dogecoinDogecoin(DOGE)$0.093850-0.11%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.38%