Tencent forms 'extended reality' unit as metaverse race gathers steam — sources

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The unit was first formed earlier this year but remained shrouded in secrecy, the three sources said.

However, they also cautioned that the hiring plans are still fluid, as the company will adjust the unit's headcount based on its performance.

Extended reality is a term that refers to immersive technologies such as virtual reality and augmented reality, which are seen to be the building blocks of the metaverse.

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Category: InvestingFinance

Topics: Business Company Metaverse Reality Virtual Tencent Sources Hiring Building Extended Unit

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Published On: 2022-06-20, 16:59:00

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