• Alpha Metaverse (ALPA) has launched a Centre of Excellence for Artificial Intelligence (AI) in 3D and Content Production
  • The company believes that the use of AI in 3D asset production will reduce the costs and time required for asset creation
  • Alpha is a technology company focusing on emerging industries in Esports, mobile gaming, e-commerce, and other high-growth opportunities
  • Alpha Metaverse Technologies Inc. (ALPA) opened trading at C$0.08 per share

Alpha Metaverse (ALPA) has launched a Centre of Excellence for Artificial Intelligence (AI) in 3D and Content Production.

The centre will focus on developing cutting-edge AI technologies to improve the efficiency and quality of 3D modelling, optimization and automated content production.

The company believes that the use of AI in 3D asset production will reduce the costs and time required for asset creation. It will thus increase the profitability of such projects. By automating repetitive tasks and enabling real-time adjustments to assets, the company expects AI to streamline the production process. It will allow for more creativity and innovation in the final product.

Brian Wilneff, CEO of Alpha Metaverse, commented on the news.

“We are seeing great value in our use of artificial intelligence in our sales and production departments. We believe that building an AI-enabled workforce is crucial for driving more productive creative output and staying competitive in the rapidly evolving metaverse industry.”

Alpha plans to staff the centre with a team of experts in AI and 3D asset production. They will work closely with other departments with the aim of integrating AI technologies into the company’s existing production pipelines.

A recent report published by PwC indicates global GDP could be up to 14 per cent higher by 2030 as a result of AI. This is equivalent to an additional $15.7 trillion, making AI the biggest commercial opportunity in today’s fast-changing economy.

Alpha is a technology company focusing on emerging industries in Esports, mobile gaming, e-commerce, and other high-growth opportunities. 

Alpha Metaverse Technologies Inc. (ALPA) opened trading at C$0.08 per share.


More From The Market Online

Unsung profits: Three microcap stocks with a strong case for value

A key factor behind picking winning microcap value stocks is identifying dislocations between company performance and market perception.
Bombardier

Bombardier completes partial redemption of US$200 million

Business jet manufacturer Bombardier (TSX:BBD.B) redeems US$200 million of its outstanding 7.875 per cent senior notes due by 2027.