CaixaBank and Microsoft have high expectations for the virtual worlds of the future. With the help of an AI-focused approach, both parties will explore new metaverse opportunities. The ultimate goal is to establish a virtual environment where people can work without real-life distractions.
Microsoft x CaixaBank
Seeing an established financial provider team up with the most significant technology provider globally is remarkable. The Metaverse has attracted much attention from various players, even if there is little to show. Contrary to what most people think, the Metaverse does not exist yet, as its infrastructure is still developing. That makes building virtual world-oriented solutions pretty challenging, although not impossible.
Under the new agreement, AI specialists from CaixaBank Tech will work with Microsoft’s developers, data scientists, and machine learning experts. The AI-focused research and development will occur in Barcelona through the AI Innovation Lab. Its focus is on building concepts, prototypes, and use cases to determine how artificial intelligence can impact financial services and products for the better.
A joint statement by both players confirms:
“The metaverse offers multiple possibilities in the financial sector, from the creation of a new interaction channel enhancing customer experience, to the creation of internal collaboration models in virtual branches, the incorporation and development of talent, and much more.”
Another option to explore is the building of virtual environments. These smaller metaverses will provide immersive elements to create hybrid work environments for people of all ages. It is unclear what this will lead to exactly, although there is no limit as to what these partners can achieve. Anything and everything is possible in the metaverse, for better or worse.
For paid/sponsored articles, FintechMode neither endorses nor takes responsibility for the accuracy, timeliness, quality, and content of said articles. The statements, views and opinions expressed in paid/sponsored articles are solely those of the content provider and readers are reminded that Cryptocurrency products are unregulated in most locations and can be highly risky. Do your own research and consult relevant financial experts before making any investment decisions. FintechMode will not be held accountable, either directly or indirectly, for any harm or loss that may stem from or be linked to the usage or reliance on any information, goods, or services mentioned on this page. If you have any concerns, please email [email protected] or refer to our Terms & Conditions