Breaking news

Meta Accelerates Metaverse Innovation With Hyperscape Capture

Meta Connect Unveils Photorealistic VR Breakthrough

Today’s Meta Connect conference showcased a blend of futuristic smart glasses and groundbreaking metaverse advancements. A highlight was the introduction of Hyperscape Capture, an evolution of the previously demoed Hyperscape technology, which empowers developers and creators to transform real-world spaces into photorealistic virtual environments.

Transforming Physical Rooms Into Digital Masterworks

Hyperscape Capture is now available in Early Access for Quest device users, offering an innovative scanning process that converts a physical room into an immersive digital replica. Although the capture only takes a few minutes, its subsequent rendering requires several hours to produce a high-fidelity virtual space. Initially, users will experience these immersive environments in isolation; however, Meta plans to enable private sharing through unique links in the near future.

Real-World Inspirations Fuel Digital Creativity

The technology is already at work, rendering virtual versions of iconic spaces such as Gordon Ramsay’s L.A. kitchen, Chance the Rapper’s House of Kicks, and the famed UFC Apex Octagon. Even niche environments, like Happy Kelli’s room filled with her Crocs collection, have been recreated with impressive detail. Utilizing advanced techniques like Gaussian Splatting, cloud rendering, and streaming, Meta ensures that these digital worlds maintain a remarkably lifelike presence when viewed through the Meta Quest 3 headset.

Expanding The Metaverse Experience

In addition to Hyperscape Capture, Meta rolled out a slate of new metaverse experiences at the conference. Fall VR releases include titles such as Marvel’s Deadpool VR, ILM’s Star Wars: Beyond Victory, and Demeo x Dungeons & Dragons: Battlemarked and Reach. Furthermore, Horizon TV is broadening its streaming repertoire with support for platforms like Disney+, ESPN, and Hulu, while strategic partnerships with Universal Pictures and Blumhouse are set to introduce immersive special effects on blockbuster films such as “M3GAN” and “The Black Phone.” A limited-time 3D preview of “Avatar: Fire and Ash” also underscores Meta’s commitment to merging entertainment with technological innovation.

Looking Forward

While the initial rollout of Hyperscape Capture is limited to Meta’s Quest 3 and Quest 3S devices for users aged 18 and up, its gradual release indicates a larger strategy to enhance digital engagement. As Meta continues to refine its metaverse capabilities, the potential to seamlessly blend the physical and digital worlds reinforces its position at the forefront of virtual innovation.

Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

The Future Forbes Realty Global Properties
Uol
Aretilaw firm
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter