In today’s edition: Google's AR venture hits turbulence. Microsoft’s new AI for physicians. Mythical Games pumps their bags. Stablecoin payments go cross borders. Dorsey confronts Cook on crypto. Meta shapes digital marketing with AI. And Fenty makes Roblox beautiful. Plus, 15+ quick bytes, research papers, tools, guides and resources to help you get smarter about the metaverse.

Must-reads

1. Google drops AR glasses project: The ambitious augmented reality glasses project by Google, known as Project Iris, is facing turbulence. The details of its uncertain future are examined in this in-depth report. (The Verge)

2. Microsoft announces the arrival of an OpenAI-powered app to Epic Systems, showcasing the integration of advanced AI technology into healthcare systems. Microsoft’s Nuance Communications announced its AI-powered clinical notes application is coming to Epic Systems to help reduce physicians’ administrative workloads. (CNBC)

3. Mythical Games secures $37 million in funding from a16z and ARK Invest as NFL Rivals achieves an impressive milestone of over 1 million downloads, underscoring the rising prominence of the gaming industry. (Decrypt)

4. Advancements in Stablecoin Payments: Significant steps are being taken towards the implementation of stablecoin payments, as SAP is now testing cross-border USDC payments on Ethereum’s Goerli testnet. (Blockworks)

5. Bitcoin and Big Tech: Jack Dorsey challenges Tim Cook's perspective on Bitcoin amidst the impending deplatforming of cryptocurrency Damus. The dynamics between tech giants and cryptocurrency are explored in detail. (Coindesk)

6. Meta's Vision for AI and Reels: Nicola Mendelsohn from Meta provides insights on the evolving roles of AI and Reels in the digital marketing landscape. (Adweek)

7. Fenty Beauty's Entrance to the Metaverse: Fenty Beauty expands its horizons by debuting in the metaverse via Roblox, offering a unique intersection of beauty and digital gaming. From June 30 to July 30, the can experience a Fenty Beauty + Fenty Skin Experience virtual world inside the app featuring interactive scavenger hunts, mazes and creation opportunities. (Glossy)

8. AR for spinal surgeries: With $82.5M in funding, Augmedics is set to revolutionize spinal surgery procedures by integrating advanced AR and AI technologies. (TechCrunch)

9. Brilliant Labs Introduces Open-Source AR Lens: Brilliant Labs presents a pioneering open-source AR lens that positions AI at the forefront of user vision, pushing the boundaries of wearable technology. (TechCrunch)

10. Metaverse Projects Attracting Funds: Metaverse projects see a significant influx of financial backing in 2023, further advancing the development of the virtual realm and its diverse applications. (Yahoo Finance)

11. Azuki NFTs Prices Drop: The prices for Azuki NFTs have dropped, with collectors criticizing the artwork for its identical elements. This raises questions about the value and uniqueness of NFTs. (Decrypt)

12. Tasting the Metaverse: This article explores several companies are working on new virtual-taste technologies for therapeutics, gastronomy, and virtual dining in the metaverse. (Fast Company)

13. Introduction of Coins and Spatial Economy: Spatial.io announces the introduction of coins and a spatial economy, marking an important step towards creating a sustainable economic system in virtual environments. (Spatial.io)

Quick Bytes

• Zeroscope text to video AI + Musicgen by dotsimulate (above)

• Job title of the future: metaverse lawyer (MITReview)

• Apple Patent for Augmented Sporting Event Data on Apple Vision Pro & other devices (Patently Apple)

• NVIDIA’s Omniverse Digital Twin Tool is really great (xrtoday)

• These are the 10 AI companies to watch right now (Bloomberg)

• Virtual reality as a therapeutic for soothing children (Miami Today)

• How AI And Web3 ID Tech Can Defeat Deepfake Frauds (Forbes)

• How Secret Network’s Privacy as a Service Unlocks Web3 for the Next Billion Users (CoinDesk)

• Crossmint Launches Wallet-As-A-Service To Expand NFT Use Cases (Globe Echo)

• New Web3 ID app lets users find each other based on proven interests (CoinTelegraph)

Community Corner

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