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Home DeFi Metaverse

rewrite this title Cornerstone, Meta Partner To Deliver AI-Powered Immersive Learning – XR Today

Kieran Devlin by Kieran Devlin
November 1, 2024
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rewrite this title Cornerstone, Meta Partner To Deliver AI-Powered Immersive Learning – XR Today
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Cornerstone and Meta have announced a strategic partnership to deliver AI-powered immersive learning.

Cornerstone, a provider of workforce agility solutions, has joined forces with Meta to enhance immersive learning and extended reality (XR) capabilities powered by AI. Announced as part of Meta Innovation Day, this partnership aims to democratise immersive learning within the enterprise space. It will prioritise the integration of Meta’s AI advancements and the adoption of Meta’s key XR technologies and devices.

“Meta is committed to the accessibility of extended reality and artificial intelligence,” said Himanshu Palsule, CEO of Cornerstone.

Democratised access is key to scaling this technology, which is reaching a critical mass due to continued investment and innovation on both the hardware and software sides. Cornerstone Immerse and Immerse Companion is scaling content creation of personalised and human or ‘soft’ skills trainings thanks to GenAI, and we’re excited to continue working with Meta to advance this technology with their platform and hardware.”

With Cornerstone’s 25 years of expertise in learning and talent development and Meta’s advancements in XR and AI, both companies emphasise that the partnership aspires to create new opportunities for organisations to close workforce readiness gaps and boost workforce agility.

Cornerstone affirms that Meta’s commitment to openly sharing AI research has set industry standards, and both companies state their dedication to ethical and responsible AI.

On November 5, at Meta Headquarters, Cornerstone’s Chief Product Officer, Karthik Suri, will showcase workforce agility and immersive learning experiences, including live demonstrations of Cornerstone Immerse.

Why Zuckerberg is Increasing Investment In a Multi-Billion Dollar Haemorrhaging Reality Labs Division

Meta recently shared its Q3 performance during a public earnings call, stressing its operational success. The company’s total revenue for the quarter reached $40.6 billion, indicating a roughly 19 percent increase.

Meta’s Chief Financial Officer, Susan Li, confirmed that the company is actively driving growth through strategic hiring in critical areas such as monetisation, infrastructure, Reality Labs, generative AI, and regulatory compliance.

Despite its role as a growth driver, Reality Labs reported a $4.4 billion operating loss this quarter, extending a trend of previous losses. This division has historically operated at a loss due to Meta’s extensive investments in XR technologies, including VR headsets and smart glasses. Reality Labs’ expenses reached $4.7 billion, a 19 percent year-over-year increase, mainly due to heightened investments in workforce and infrastructure.

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