AI driven metaverse technology platform Peer completes a new round of funding of $10.5 million

According to NFT Plazas, Peer Global Inc. has completed a new round of funding of $10.5 million, increasing its total investment to $65.5 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 metaverse platform. It is reported that Peer is a technology platform that integrates artificial intelligence to create interactive digital environments. The company has launched a 3D personal planet, 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 the sale of virtual assets, allowing users to purchase and personalize digital spaces.