MAI Labs unveiled MayaaVerse, an advanced AI & virtual reality platform, Check out all its features here

Updated : May 22, 2024 17:15
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Editorji News Desk

MAI Labs has announced the launch of MayaaVerse, a new immersive tech platform designed to revolutionize digital interactions. The platform integrates AI to offer unparalleled virtual reality experiences and creativity within digital realms. Check out all the details that MAI Labs shared about MayaaVerse here.  

Immersive Tech Market Potential 

According to a report by Mckinsey, the immersive tech market is projected to generate up to $5 trillion by 2030. This growth is expected across both consumer and enterprise applications, highlighting the significant potential of technologies like MayaaVerse. 

Investment and Valuation 

MAI Labs has secured over $17.5 million in investments, valuing the company at $250 million. The company is currently raising an additional $50 million, which is expected to increase its valuation to half a billion dollars. These investments underscore the confidence in the potential of MAI Labs and its new platform. 

Key Features of MayaaVerse 

  • Immersive Virtual Reality Technology 

MayaaVerse utilizes advanced virtual reality technology and AI to create photorealistic environments. This technology seamlessly merges the digital with the physical world, offering users a unique immersive experience. 

  • Render Stream Technology 

The platform includes Render Stream Technology, which allows users to experience high-quality virtual environments without the need for high-end systems. This technology ensures accessibility across a broad range of devices equipped with basic hardware and internet connectivity. 

  • MAICity 

At the core of MayaaVerse is MAICity, a virtual city spanning 100 square kilometers and featuring 17,000 interconnected worlds. MAICity is designed to offer a variety of spaces, including architectural marvels, universities, retail hubs, educational facilities, and entertainment venues. Users can navigate and explore this dynamic, user-directed environment. 

  • Platform for Empowering Creators 

MayaaVerse provides a platform for creators to showcase, protect, share, and monetize their digital creations. This feature fosters global collaboration and recognition, contributing to the creator economy. 

  • Diverse Virtual Experiences 

The platform integrates various modules, including learning and development, interactive workshops, meditative interactions, and other immersive experiences. These features cater to all facets of digital engagement, making MayaaVerse a versatile and comprehensive platform. 

MAI Lab’s Vision for the Future 

Tapan Sangal, Lead Visionary at MAI Labs, emphasized the significance of MayaaVerse in redefining human-computer interaction. "MayaaVerse represents a milestone in MAI Labs' mission to unlock creativity within immersive environments," he stated. Sangal believes that this platform marks the next stage of interaction by fusing the physical and digital worlds seamlessly. 

Also watch: Realme launches Buds Air6 with Active Noise Cancellation, 40-hour battery life: Check price in India

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