FT News Briefing Investors gear up for ‘gold rush’ in metaverse hardware
Jan 10, 2022
Tensions rise as NATO warns Russia to change its aggressive stance, while Portugal grapples with widespread corruption ahead of elections. Investors are eagerly eyeing metaverse hardware, drawing parallels to the internet's early days, signaling a potential gold rush. The discussion highlights how this advancing technology may transform retail and create immersive virtual experiences. Amidst this, Portugal's political scene sees frustration and a shift toward new anti-corruption reforms.
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Metaverse Hardware Gold Rush
- Investors are enthusiastic about metaverse hardware companies, not just software.
- They view this as an opportunity to invest in the "picks and shovels" of the metaverse's infrastructure.
Asian Hardware Companies
- The focus is on Asian companies already producing tech hardware components.
- These companies draw parallels to the early internet, suggesting investing in infrastructure is key.
Hardware Expectations
- Gamers eagerly await suitable hardware for the metaverse experience.
- There's hope for an Apple product to revolutionize VR headsets like they did with smartphones.