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The Knight Foundation launches $750,000 initiative for immersive technology for the arts

TechCrunch VR

Enabling audiences to share immediate feedback and reflections on art by designing hardware and software to test recording and sharing of audience thoughts. Wiki Art Depiction Explorer – Wikimedia District of Columbia, in collaboration with the Smithsonian Institution.

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The XR Week Peek (2021.07.05): Facebook to have $6B of losses for the VR business, investments in XR are on the rise, and more!

The Ghost Howls

In fact, Mr. Mahaney reports that due to the huge expenses for R&D, deals with game studios, and hardware sold at loss, “ [Facebook] will generate between $5.4 Creating a successful hardware and software ecosystem may require losses in the dozens of billions of dollars. billion and $6.4 But actually, this has not happened.