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Report: Meta in Talks with Magic Leap for Multiyear AR Headset Tech Deal

Road to VR

A report from the Financial Times maintains Meta is currently in talks with AR headset creator Magic Leap to strike a multiyear deal, which could include intellectual property licensing and contract manufacturing of AR headsets in North America. Its majority stakeholder is Saudi Arabia’s state-owned sovereign wealth fund.

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VR Training Company Gemba Secures $18M Series A to Expand Enterprise Metaverse

Road to VR

Gemba, the corporate VR learning platform, announced it’s closed an $18 million Series A funding round, which the company says will be used to continue expansion into Europe, the Middle East, Africa, and North America. The latest funding round was led by Parkway Venture Capital, now valuing the UK-based company at $60 million.

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Nreal Announced Cinedigm Partnership in Most Recent App Update

ARPost

We learned from Google Glass that cool hardware is not enough to impress consumers. This partnership provides a direct path for us into the emerging metaverse through the ongoing evolution of AR & MR technology,” Cinedigm Chief Technology and Product Officer, Tony Huidor, said in a release shared with ARPost.

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The XR Week Peek (2023.12.26): WMR gets discontinued, Meta to showcase an impressive AR prototype, and more!

The Ghost Howls

It was not a perfect day because I also had some work-related issues to cope with, but it’s part of life when you are working with cutting-edge technologies I’m curious to know how the holidays are going for you, so answer this post letting me know how life is going for you! I foresee tongue tracking as relevant in two kinds of applications.

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Zuckerberg to Shareholders: ‘Quest is selling as fast as we can make them’

Road to VR

Indeed, Quest has been difficult to find in stock in North America and Europe, from both Oculus and official retailers, for some two months since the headset’s launch. More importantly, we’ve delivered an experience that people keep using week after week, and buying more content.

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vTime Opens New US Office Led by Former Gartner Research VP Brian Blau

Road to VR

vTime , the company behind the titular social VR app, today announced the studio is making a strategic expansion into North America with the opening of its San Francisco office. vTime now supports Oculus Rift, Windows VR headsets, Google Daydream, Oculus Go, Gear VR, Google Cardboard, as well as non-VR modes through Android and iOS.

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Report: Global VR Hardware Revenue To Hit $3.6 Billion in 2017

VRScout

The report suggests that premium headset shipments like Google Daydream will see more growth over light mobile headsets. Google Daydream will sell the most premium headsets in 2017, getting 6.8M North America will be the fastest growing market as it reach $403M this year. devices into the hands of users.

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