Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group

Software giant Microsoft is shutting down one of its most significant teams in the development and promotion of the industrial metaverse. The company has reportedly laid off its entire Industrial Metaverse Core group of 100 employees as part of a layoff of 10,000 people announced in January.

Microsoft is reportedly ending the Industrial Metaverse group

Microsoft, the Washington-based software giant, appears to be abandoning the Metaverse in favor of other initiatives. In accordance with reports from The Information, the company announced the dissolution of the Industrial Metaverse Core group, a division of the company designed to bring the metaverse to the industrial environment.

The group, created just 4 months ago, served as a bridge to implement metaverse interfaces to control power plants, industrial robotics, and transportation networks. This division was part of an effort to bring the Metaverse into the industrial environment by merging software with the initiative.

100 employees who were part of the group were laid off. However, Microsoft has stated that products created by the group will continue to be supported in the future. Company declared:

We’re turning our attention to the areas of the industrial metaverse that matter most to our customers, and they won’t see a change in how they’re supported. We look forward to sharing more information in the future.

Microsoft previously announced it was laying off 10,000 people as part of its restructuring process in January.

With the Metaverse, with AI

A recent turn of events suggests that Microsoft is drawing some of its resources from metaverse initiatives to other areas such as artificial intelligence (AI). Earlier reports indicate that Microsoft’s cuts have affected other metaverse projects as well, as well as employees of the Altspacevr metaverse platform, which announced it will be shutting down by March, and the Mixed Reality Tool Kit.

Microsoft has been investing in AI-based startups since January. January 23 company disclosed “a multi-year, multi-billion dollar investment” in Openai, the company behind GPT-3 and its Chatgpt interface. In addition, as part of this partnership, Microsoft recently announced the inclusion of Chatgpt in Bing, its search engine, and also as part of Edge, its web browser.

Accompanying the move, Satya Nadella, CEO of Microsoft, stated:

AI will fundamentally change every category of software, starting with the biggest category, search.

What are your thoughts on the closure of the Metaverse Groups at Microsoft? Tell us in the comments section below.

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