AI-driven Metaverse technology platform Peer completes $10.5 million in new funding

On March 19, PANews reported that Peer Global Inc. completed a new round of financing of $10.5 million, bringing its total investment to $65 million. The financing was led by the Tommy Mai family office and will be used to expand Peer's development team, enhance its artificial intelligence capabilities, and improve its metaverse platform. According to the introduction, Peer is a technology platform that integrates artificial intelligence to create interactive digital environments. The company has launched 3D personal planets, allowing users to create and customize digital spaces for social interaction. Peer's metaverse engine provides developers with tools to build AI-generated digital environments. Peer's monetization strategy includes virtual property sales, where users can purchase and personalize digital spaces.