The Metaverse Gets Delayed By AI

The Metaverse, has the potential to revolutionize how we interact, conduct business, and consume entertainment. The global Metaverse market size was expected to reach USD 936.6 billion by 2030, with a staggering CAGR of 41.6% from 2023 to 2030. However, the sudden AI boom, fueled by the astounding growth of OpenAI's ChatGPT, has caused a shift in priorities for many companies, leading them to focus on AI projects rather than Metaverse initiatives.