Metaverse is a multitrillion-dollar opportunity, Epic CEO says


Even if Epic doesn’t build the definitive metaverse, Sweeney wants its software tools to provide the building blocks. — Reuters

Epic Games Inc chief executive officer Tim Sweeney may be the most enthusiastic supporter of the metaverse after Mark Zuckerberg, who renamed his entire company Meta Platforms Inc.

The Epic founder has reason to be bullish, as his company’s Fortnite has rapidly evolved from a popular multiplayer game into an online space where people socialise and big-name musicians host virtual concerts. It competes with world-building games like Microsoft Corp’s Minecraft and Roblox Corp’s eponymous title in pursuing the metaverse vision of a virtual environment that would be the platform we use to interact with the Internet and others, supplanting web browsers and mobile apps.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers
Emerson proposes to acquire remaining shares of AspenTech at $240 apiece
Data analytics firm Palantir jumps as AI boom powers robust software adoption
Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source
Singapore's Keppel to buy Japanese AI-ready data centre
Tesla increases wages for staff at German gigafactory by 4%
Apple explores push into smart glasses with ‘Atlas’ user study
Japan's Kioxia sees flash memory demand almost tripling by 2028
Hacker gets into woman’s email, changes every password, tries to make purchases
Foxconn says Oct revenue +8.59% y/y, Q4 outlook good

Others Also Read