The flood of money into hyped-up industries involving the metaverse and semiconductors have led to overvaluations that could be harmful in the long run, warns Ni Zewang, chairman of Shenzhen Capital Group, a major government-backed venture capital firm in China.“We recognise [metaverse] as a future trend and a promising technology, but without an actual application scenario, it won’t be able to create any value,” Ni said during a group interview at the Beyond Expo in Macau on December 2.“If the…
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here