00:06 — Social media platform, Pinterest, has released a new augmented reality integration called “Try on for Home Decor.” This integration allows users to try out over 20,000 digital items in their homes.
00:19 — Taking a big step forward in the metaverse, the company joined forces with several retailers, including Walmart, Wayfair, and Target.
00:32 — Augmented reality will be about as important as virtual reality, if not more, in the metaverse moving forward.
00:45 — After reviewing the work of Pinterest, Kieron discovered that last year, there were around 50 acquisitions of AR companies. For instance, one was by the remote working app, TeamViewer.
01:01 — TeamViewer acquired a 3D visualization and mixed reality tool called VISCOPIC. Essentially, it’s a new research and development hub for the TeamViewer platform, which will help the company’s offerings and boost its software development capabilities.
01:28 — Shopify acquired a home design tool called “Primer.” Now, Shopify is a massive player in the online retail space. This development shows that augmented reality will be a significant part of the metaverse.
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