Meta & Qualcomm to Develop Metaverse Geared Silicon to Be Used in Next Gen Headsets
Meta recently announced a partnership with mobile chip company Qualcomm to produce chips geared for the metaverse market. The agreement will allow Meta to use Qualcomm’s XR technology, designed for extended and virtual r...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Meta recently announced a partnership with mobile chip company Qualcomm to produce chips geared for the metaverse market. The agreement will allow Meta to use Qualcomm’s XR technology, designed for extended and virtual reality tasks, to design and manufacture silicon to be put in the next line of Meta’s VR application, including future headsets for its Meta Quest line of products.
Qualcomm and Meta to Bring the Metaverse to ChipsWhile the metaverse company has focused more on the software part of the computing equation thus far, Meta is making moves to bring more efficient and powerful chips to its products. The company has now inked a partnership with Qualcomm, one of the biggest fabless mobile chip companies in the world, to help it produce silicon specially designed to fulfill metaverse tasks.
The custom chips will use Qualcomm’s XR technology, which includes virtual reality and extended reality functions. About the importance of this partnership, Cristiano Amon, CEO of Qualcomm, stated:
Building off our joint leadership in XR, this agreement will allow our companies to deliver best-in-class devices and experiences to transform how we work, play, learn, create and connect in a fully realized metaverse.
The multi-year agreement was disclosed without numbers, with a press release stating the engineering teams of each company will deepen the collaboration to achieve joint VR objectives.
Custom Silicon to Continue AdvancingThe current generation of Meta Quest 2 headsets uses Qualcomm XR chips, with technology derived from a Qualcomm Snapdragon 865, a dated chip that was introduced in 2019. This new partnership seeks to produce chips with more advanced designs to facilitate metaverse developments, different in nature as compared to chips designed for more traditional mobile tasks.
About the development, Meta’s CEO Mark Zuckerberg declared:
As we continue to build more advanced capabilities and experiences for virtual and augmented reality, it has become more important to build specialized technologies to power our future VR headsets and other devices. Unlike mobile phones, building virtual reality brings novel, multi-dimensional challenges in spatial computing, cost, and form factor.
Zuckerberg also confirmed the new generation of the Meta Quest headsets will be using chips produced through this partnership.
Qualcomm’s interest in the metaverse is not new, as the company launched a $100 million metaverse fund to deploy capital in virtual reality and metaverse venture investments in March. Qualcomm’s CEO has stated that the metaverse industry will be a “very big” opportunity, creating a new market.
What do you think about the partnership between Meta and Qualcomm to produce metaverse-specific silicon? Tell us in the comments section below.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Elon Musk’s Grok AI Predicts When Bitcoin Will Finally Hit its Ultimate Price Target
X and SpaceX CEO Elon Musk’s Grok AI predicts something potentially historic could be brewing for Bitcoin by January 1, 2027. This...
Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook
▶Bitcoin Magazine Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook Metaplanet couldn’t make preferreds wor...
Strive is 1,001 Bitcoin away from surpassing Metaplanet as second-largest Bitcoin treasury
Strive's aggressive Bitcoin acquisition strategy highlights the intensifying competition among corporate treasuries, impacting mar...
MetaMask, Trezor and ChangeNOW weigh AI agents and wallet security at Token2049 Singapore
AI integration in crypto wallets challenges traditional security norms, necessitating robust safeguards to balance convenience and...
MetaMask offers Anthropic pre-IPO perpetual contracts via Hyperliquid
The introduction of pre-IPO contracts for Anthropic may boost market engagement and liquidity, influencing perceptions of its futu...
Metaplanet’s US subsidiary reportedly adds 4 Bitcoin ahead of Super League deal
Metaplanet's strategic expansion into US markets via Super League could enhance liquidity and influence, impacting future investme...