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The XR Week Peek (2020.07.13): Sony invests in Epic, Rockstar is working on an AAA VR game, and more!

The Ghost Howls

Sony invests $250M in Epic Games. Sony has announced that it has made a big investment of $250M in Epic Games through one of its subsidiaries. The investment gives Sony a minority stake in Epic that now is evaluated at more than $17B. And Sony for sure wants to have a stake in the metaverse. Top news of the week.

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As UploadVR Turns 2 We Reflect On The First Full Year of Consumer VR

UploadVR Between Realities podcast

Magic Leap kicks off the month with the announcement of an enormous $794 million fundraising round, backed by Alibaba. Among a slew of content reveals, Sony reveals PlayStation VR will ship in October starting at $399, with the first pre-orders available at the end of the month. February 2016. September 2016. Palmer Luckey.

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Top 50 Asian Virtual Reality-Augmented Reality Leaders,Evangelists, Investors & Influencers

XROM

billion before it fell into administration in 2018 after an investor dispute prevented it from raising emergency funding. Most people know Xu due to his dispute with American virtual reality company Magic Leap. In June 2019, Magic Leap accused Xu of stealing AR glasses technology when he was an engineer working at the firm.