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Chip giant Qualcomm launches $100M Metaverse fund -Breaking

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Qualcomm, a multinational software and microchip company (NASDAQ:) Incorporated launched a Metaverse fund of $100 million to support extended reality (XR), AI (AI) and AR tech companies.

Extended Reality, also known as XRThe combination of AR and VR technology, such as glasses and headsets, is called’smartphones with AR and VR technology.