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Siemens Invests €1 Billion in Global R&D Hub for Industrial Metaverse in Germany

Siemens has announced a €1 billion investment to establish a global research and development hub for the industrial metaverse in Germany. The industrial metaverse replicates real-world industrial spaces in a 3D format using advanced technologies like digital twins, AI, and blockchain.

This metaverse has the potential to transform work processes and provide value for businesses and societies. Siemens' investment highlights the potential of the industrial metaverse and its practical use cases for addressing real-world challenges and aligning with business needs.

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