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This Week In XR: Sony’s Next-Gen VR, $18M For Interplay XR...
Forbes reports: "Interplay raises $18 million to expand XR Training platform for workers in HVAC, plumbing, electrical, facilities maintenance, and energy industries. The system...
Sony planning new PS5 VR headset
Gamesindustry.biz reports: "Sony today confirmed it is working on a completely new virtual reality headset for the PlayStation 5."
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Oculus co-founder’s new studio Mountaintop attracts $5.5 million in investment
Gamesindustry.biz reports: "Mountaintop has attracted $5.5 million in seed round investment six months after inception."
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Apple’s first VR headset will reportedly be powerful and pricey
CNET reports: "Apple's first virtual reality headset will reportedly sport powerful processors, a high-resolution display, a fan and a steep price tag. The VR...
CMOs, It’s Time To Take Augmented Reality (AR) More Seriously Than...
Forbes reports: "The augmented reality (AR) and virtual reality (VR) market is forecasted to reach over $72 billion globally by 2024. I recently had...
Facebook Shares Insights into its Coming Smart Glasses, New Developments in...
Social Media Today reports: "Will we see the launch of fully-enabled AR glasses from Facebook in 2021? Facebook previewed its work on its new...
RealNetworks Completes Sale of Napster to MelodyVR in $70.6m Deal
Music Business Worldwide reports: "Originally announced in August 2020, RealNetworks’ sale of US-based Spotify rival Napster to UK-based virtual reality music company MelodyVR is...
Unity has acquired RestAR to enable AI-based 3D capture
VentureBeat reports: "Game engine maker Unity has acquired RestAR, a Tel Aviv-based computer vision and deep learning company that enables fashion brands, online retailers,...
VR spending to pass $1bn in 2020
Gamesindustry.biz reports: "A total of 6.4 million VR headsets will be sold in 2020, with the VR market reaching $1.1 billion in content spending...
Resolution Games launches VR publishing arm
Gamesindustry.biz reports: "Virtual reality developer Resolution Games has branched out into publishing as it helps other studios bring their titles to key headsets."
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