AI-driven meta-universe technology platform Peer completes a new round of financing of $10.50 million

On March 19, Peer Global Inc. completed a new round of financing of $10.50 million, bringing its total investment to $65.50 million. The financing, led by Tommy Mai's family office, will be used to expand Peer's development team, enhance its artificial intelligence capabilities, and improve its meta-universe platform.
According to the introduction, Peer is a technology platform that integrates artificial intelligence to create interactive digital environments. The company launched 3D Personal Planet, which allows users to create and customize digital spaces for social interaction. Peer's Metaverse Engine provides developers with tools to build AI-generated digital environments. Among Peer's monetization strategies are virtual property sales, where users can purchase and personalize digital spaces.