YOU.ME.WEB3. by LAB51

🧑🏻‍💻Meta Layoff 🤖OpenAI Chip 📈PayPal NFT 💰BlackRock Bitcoin

🌟Happy Friday, and welcome back to YOU.ME.WEB3. Your one-stop-shop to explore the Web3 space! 😉 Scan through the latest Web3 insights to be up-to-date on the most important Web3 topics before diving into the weekend. 👇🏻

In this week’s edition:

Zühlke Late Afternoon Talk - You are invited!

Zühlke Event

Zühlke Event

We are happy to invite you to an exclusive event hosted by Zühlke Group on the impact of Web3 on Healthcare: "Realizing the Potential of Virtual Care: How Metaverse, XR, and Spatial Computing are Transforming Healthcare".

🗓️ When: Wednesday, October 25th | 4.30 – 7 pm CET
📍 Where: Zürcherstrasse 39j, 8952 Schlieren (Zurich), Switzerland

The event will feature experts from various domains, including our Founder & CEO, Mark Forster. They will discuss the business and ethical considerations of implementing immersive and interactive solutions in healthcare. The number of tickets is limited - reserve your space today.

METAVERSE

meta layoff

Meta plans to lay off employees in its Metaverse Silicon Unit responsible for developing custom chips for Meta's Reality Labs division. This comes amidst challenges like declining revenue growth, high inflation, and questions about the company's investment in the Metaverse. How the job cuts will impact Meta's plans? MORE

AI

OpenAI, a well-known AI startup, is considering developing its own AI chips to address the chip shortage and soaring costs of running AI hardware. This move could give OpenAI more control over its supply chain and reduce its costs. MORE

Meta is reportedly paying celebrities like Kendall Jenner and MrBeast up to $5 million for just six hours of work to lend their likenesses to AI chatbots, introducing a new level of engagement to virtual interactions. MORE

NFT

PayPal's entry into the NFT market is a significant development for Web3. We analyzed its potential implications for businesses, including the opportunity to leverage NFTs for revenue streams, customer engagement, and fraud prevention. MORE

CRYPTO

blackrock bitcoin

The SEC is likely to approve all spot bitcoin ETF applications simultaneously to avoid giving any particular entity a "first mover advantage". This could bring significant positivity to crypto markets and could result in a substantial inflow of investment into bitcoin products. MORE

Hong Kong-based venture capital firm CMCC Global has successfully raised $100 million for its Titan Fund. The firm wants to support Asian blockchain startups, especially in Hong Kong, defying the recent funding challenges in the crypto sector. MORE

🗞️ As always, thanks for reading! 🔜 If you have any questions or comments, please feel free to contact us.

👉🏼You can see previous newsletters here or on our website! 😊

#ai #nft #vr #ar #innovation #digitalmarketing #nft #web3