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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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Big XR News from Meta, Microsoft, and Magic Leap

XR Today - Big XR News tag

Despite that, some significant firms are working hard to provide cross-platform, interoperable XR solutions that go against the grain to offer accessible tools. The Reality Labs division develops and manufactures Meta’s VR headsets, such as the Oculus Quest 2. ”

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The XR Week Peek (2020.02.17): Half-Life Alyx will launch on March, 23rd, MWC has been canceled and much more!

The Ghost Howls

Augmented Reality is being a great tool for e-commerce: AR tools have increased the user’s likelihood of purchase by 11 times; Build.com found that the return rate after selecting items in AR has decreased by 22%. Add custom environments to your Oculus Quest… if you can. We now know how much Sony has paid for Insomniac Games.

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Investing in XR with GFR Fund’s Teppei Tsutsui

XR for Business Podcast

And it really cannot be replicated in a vibe or an Oculus Rift or avoid I’m sure spaces is going to do this as well but using haptics and vibration plates and sent machines and spatial audio. So they have a platform on their own app and Sony PlayStation’s, as well. And Sony has been a great partner for the company.

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Investing in XR with GFR Fund’s Teppei Tsutsui

XR for Business Podcast

And it really cannot be replicated in a vibe or an Oculus Rift or avoid I’m sure spaces is going to do this as well but using haptics and vibration plates and sent machines and spatial audio. So they have a platform on their own app and Sony PlayStation’s, as well. And Sony has been a great partner for the company.

article thumbnail

Investing in XR with GFR Fund’s Teppei Tsutsui

XR for Business Podcast

And it really cannot be replicated in a vibe or an Oculus Rift or avoid I’m sure spaces is going to do this as well but using haptics and vibration plates and sent machines and spatial audio. So they have a platform on their own app and Sony PlayStation’s, as well. And Sony has been a great partner for the company.