The Glimpse Group

Digital twins are the most realistic tech boom of the decade. Our COO, D.J. Smith, wrote an article recently about his views, here's an example: "BMW recently stated that they expect to reduce production planning time by 30% through the use of digital twins for factory planning."

Here is the link: https://lnkd.in/ewNbxUA9

Lyron Bentovim has written this article for AR Insider about the potential transformative impact of Apple's Vision Pro on enterprise applications, emphasizing the profound long-term implications.

However, Lyron acknowledges that widespread adoption and integration may take time due to challenges such as cost, cultural shift, and technological advancements required.

https://lnkd.in/edHPaCYJ

Apple Vision Pro's Enterprise Impact: Profound but Slow - AR Insider Apple has positioned Vision Pro as a consumer play. But the specs, capabilities, and price tag signal enterprise endpoints.

Glimpse CEO & President, Lyron Bentovim, was interviewed by the The Korea Times to give his view about how AI legislation could be a game changer for the Korean sector. https://lnkd.in/exbKKQvx

[INTERVIEW] Seoul's AI legislation could be game changer Korea has made notable strides in the field of artificial intelligence (AI), particularly in the development of large-scale AI models that have gained widespread attention for their parameters that surpass previous benchmarks.

Brightline Interactive, a subsidiary of The Glimpse Group, has been awarded a Direct-to-Phase II contract by AFWERX, the technological division of the U.S. Air Force Research Laboratory. Brightline will collaborate with prime contractor BCI Solutions, Inc. and subcontractor Purdue University on the project, with an initial combined award value in the low seven figures.

Brightline will leverage its spatial computing platform with AI and Machine Learning, backed by NVIDIA AI, OpenUSD, and cloud GPU-acceleration, to train industrial robots in performing human-like tasks in operational environments. The platform offers no-code interfaces for virtual reality (VR), augmented reality (AR), and mixed reality (MR), targeting enterprise and U.S. Department of Defense applications in training, maintenance, and operations.

Press Release: https://lnkd.in/e7JE3S8S

Brightline Interactive, Alongside Prime Contractor BCI Solutions and Sub Contractor Purdue University, Awarded a Seven Figure Direct-to-Phase II Contract With The U.S. Air Force (AFWERX) Brightline to Provide its Spatial Computing Platform Combined with AI and Machine Learning to Train Industrial Robots to Perform Human-like Tasks in an Operational Environment

Glimpse today announced that our subsidiary XR Terra has entered into a paid partnership with Verizon to offer its XR Foundations for Educators program through Verizon Innovative Learning HQ.

The program helps K-12 teachers nationwide harness the power of VR and AR, We are excited to help bridge the gap between traditional and immersive learning.

Press Release: https://www.theglimpsegroup.com/news/press-releases/xr-terra

XR Terra Partners with Verizon to Empower Thousands of K12 Teachers with XR & Metaverse Skills and Knowledge NEW YORK, NY / ACCESSWIRE / June 22, 2023 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified immersive technology platform company providing enterprise-focused Virtual Reality ("VR") and Augmented Reality ("AR") software and services solutions, today announced that its wholl...

Glimpse CMO James Watson is speaking at Fintech Week London tomorrow (20th June) as part of their Metaverse segment, appearing alongside Santander and University of Birmingham

See the full agenda here: https://lnkd.in/eg7HQbbq

Lyron Bentovim, Glimpse CEO & President, will be appearing on Benzinga TV today (6th) at 1100 ET to cover some key topics. Including news about a new strategic direction for Glimpse, the current state of the immersive technology sector and the high profile launch of the latest Apple VR/AR headset.

Watch here: https://lnkd.in/esmTKwjQ

The rapid adoption of AI presents both opportunities and challenges for emerging beauty brands. Rayan Godoi, co-founder of Glimpse subsidiary PulpoAR and Jake Maymar, Glimpse VP of Innovation, spoke about this in an article by Beauty Independent.

As brands look to strategically integrate AI into their long-term plans, both of them agreed that, while AI can increase productivity, efficiency, and creativity, ethical implications must be carefully considered.

read here: https://lnkd.in/gjzniXvc

Three Experts On The Power And Pitfalls Of AI For Emerging Beauty Brands | Beauty Independent Adoption of AI tools has more than doubled in the last five years—and it’s not slowing down. We talk to experts to help brands navigate the AI landscape.

We conducted a survey to see what people are using generative AI tools for. Aside from asking questions being the top use, we were intrigued to see image creation in second place. Clearly tools such as Midjourney and DALL-E are proving to be popular and effective.

One thing for sure is that as our AI knowledge and skills improve, we'll see other uses increase in popularity (and possibly uses we haven't even considered yet).

The Glimpse Group (Nasdaq: VRAR) today announced fiscal third quarter FY 2023 revenues grew by 79% Year-over-Year to approximately $3.7 million and revenue for 9-Month FY 2023 grew by 122% Year-over-Year to a record of approximately $10.6 Million.

Additionally, Glimpse launched a strategic initiative focused on providing cloud computing and AI based immersive software enterprise solutions.

Full Press Release: https://www.theglimpsegroup.com/news/press-releases/q3-2023

D.J. Smith (Glimpse Chief Creative Officer and Co-Founder) was recently interviewed by The Information in an article focused on how large corporations are utilizing VR for training, including Bank of America.

Written by Lauren Tara LaCapra

https://www.theinformation.com/articles/hands-up-this-is-a-virtual-robbery

Hands Up, This Is a (Virtual) Robbery! Until late last year, Bank of America branch staffers would learn how to handle a potential stick-up through guidebooks and online videos. Today, tellers are immersed in a 3D virtual reality environment, in which a gunman aims a weapon at them or furtively hands them a threatening note demanding ...

Big congratulations to our subsidiary QReal for winning the Best AR Shopping Solution 2023 award for their virtual try-on app, TRYO!

The full awards list is here: https://lnkd.in/ePCnsB-5

And you can try the Tryo app here: https://tryo.io

The Glimpse Group (Nasdaq: VRAR) will be announcing its financial results for Q3 FY’23 on Monday, May 15, 2023. Management will host a conference call to discuss the financial results, provide a corporate update and conclude with a Q&A session.

Fiscal Third Quarter 2023 Conference Call and Webcast

Date: Monday, May 15, 2023

Time: 4:30 p.m. Eastern time

US Dial In: 1-877-545-0523

International Dial In: 1-973-528-0016

Participant Access Code: 103183

Webcast: https://www.webcaster4.com/Webcast/Page/2934/48335

Please dial in at least 10 minutes beforehand to ensure timely participation, and we’ll see you there!

Full press release: https://www.theglimpsegroup.com/news/press-releases/fiscal-3-23

The Glimpse Group to Announce Fiscal Third Quarter 2023 Financial Results on Monday, May 15 at 4:30 p.m. Eastern Time Management will host a conference call to discuss financial results, provide a corporate update, and conclude with a Q&A session

The popularity of Generative AI is undeniable, but have we considered its impact on the environment? The process of training the model used for the AI chatbot ChatGPT-3 alone produced emissions equivalent to that of 9 cars over the course of their lifetimes.

On the flipside, AI technology also has the potential to impact sustainability and reduce waste positively. Our VP of innovation, Jake Maymar, pointed out that AI can efficiently sort and categorize different kinds of waste, such as electronics, textiles, and plastics, based on their composition and state.

You can find the complete interview here: https://lnkd.in/eD8kFsyZ

AI Contributes to Climate Change—Here's How to Make It Cleaner Technology The environmental impact of AI contributes to climate change, and should be addressed, experts say. But AI can also help improve inefficient processes and reduce global warming.

Glimpse CEO, Lyron Bentovim, will be a panelist on the Asia Society's Technology and Innovation Council Webinar, hosted by Jeff Wong, Global Chief Innovation Officer at EY. The webinar will feature a discussion on the potential of generative AI and its impact on work, interactions, and creativity.

Lyron will be joined by Emily Reid, the Chief Executive Officer of AI4ALL, and Jeff McMillan, Head of Analytics, Data, and Innovation at Morgan Stanley.

If you're interested in attending, you can learn more and sign up here: https://lnkd.in/ep_BA4zk

Our survey on generative AI usage produced some interesting results. If 66% of the respondents are already experiencing a 2-hour per week productivity increase, just imagine what that figure will be in a few months, let alone a few years!

Using immersive technology, diners can now visualize their meals in 3D through AR-enabled menus, enhancing customer experience and driving sales.
Glimpse subsidiary QReal is leading the AR marketing revolution with its recent collaboration with Denny's. “We’ve been dreaming of bringing menus to life in this manner for six years,” QReal general manager Michael Cadoux told AR Insider.

Read the full article here: https://lnkd.in/ez6yTaHu

How Can Restaurants Use AR? - AR Insider Joining AR's list of disrupted verticals is food. We dive in with food-focused AR innovator QReal given its recent integration with Denny's.

Our VP of Innovation Jake Maymar recently spoke with NTD Television News about AI-generated images that look incredibly real.

He suggested that we will need AI tools to, "fact-check" images, and determine if they're generated or not. This is just one example of how AI is rapidly changing the tech landscape right now.

https://www.ntd.com/disruption-confusion-caused-by-fake-ai-art_910117.html

Foretell Reality, a subsidiary of The Glimpse Group, has partnered with The University of Maryland Smith School of Business to provide undergraduates with immersive learning experiences in supply chain management using VR. This cutting-edge approach to education is designed to give students a unique advantage as they enter the job market.

Press Release: https://lnkd.in/gXr7zw_D

NVIDIA is launching software that helps AI models comply with copyright laws. According to Glimpse's VP of Innovation, Jake Maymar, in a recent interview with Lifewire: "Art will evolve into art and code, and part of the art will be protecting it, but like everything, if the art is viewed as valuable, people will try to steal it."

Read the full article: https://lnkd.in/eJ5VwuXc

How New Tech Can Prevent Artists' Work From Being Copied By AI Artificial intelligence is taking heat for using artists' work to train generative AI systems, but new technologies could help stop that happening without the artist's permission.