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Tower 26 Venture Fund Will Invest $50M in VR Games and...
VentureBeat reports: "Veteran game investor Jon Goldman has raised a $50 million venture capital fund dubbed Tower 26 to invest in extended reality startups....
Qualcomm Launches $100M AR and VR Fund
Gamesindustry.biz reports: "Today Qualcomm has announced that it has launched the Snapdragon Metaverse Fund, the initiative will serve to invest up to $100 million...
NDreams Opens New Studio for AAA VR Games
Gamesindustry.biz reports: "UK-based VR developer NDreams has announced the opening of a new studio called NDreams Studio Elevation. It will be headed by head...
Apple’s Rumored AR Headset Will Have Computing Power Similar to MackBook...
C|Net reports: "Apple's rumored AR/VR headset will use the same 96W USB-C power adapter as the 14-inch MacBook Pro, according to a note from...
Russo Bros.’ AGBO Sells 38% Stake To Video Game Firm Nexon...
Deadline reports: "Nexon, an Asia-based company whose nascent LA-based film and TV division is run by Disney alum Nick van Dyk, has also committed...
Why AR, Not VR, Will Be the Heart of the Metaverse
VentureBeat reports: "The metaverse, when broadly adopted, will be an augmented reality environment accessed using see-through lenses... and the most natural way to present...
Sony’s VR Ambitions Go Far Beyond Playstation
Gamesindustry.biz reports: "A new prototype headset shown off this week helps to explain Sony's ongoing commitment to PSVR -- as a powerful starting point...
Facebook Announces New $10 Million Funding Program for VR Developers
SocialMediaToday reports: "The applications for VR are vast, and are growing every day, especially amid the rising ‘work from home’ shift. And now, Facebook’s...
Zoom is adding live translation services and coming to Facebook VR
The Verge reports: "Zoom plans to expand its support for automatic live transcriptions with the addition of live translation, and turn its whiteboard feature...
Apple’s Rumored AR/VR Headset Might Rely on a Nearby iPhone or...
The Verge reports: "Apple’s rumored AR/VR headset is designed to rely on another device, and may have to offload more processor-heavy tasks to a...
