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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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PlayStation VR 2 Coming in 2023

XR Today - Virtual Reality

This Monday, leaks in a Twitter post by IT Analyst Ming-Chi Kuo revealed a potential 2023 release window for the upcoming PlayStation virtual reality (PSVR) 2 headset. Sony may launch it in 1Q23, depending on the development schedule of PS VR2 game titles. million units for the second half of 2022. (1/5). 1/5). (1/5).

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The Future Is Now: 2023 Metaverse and XR Predictions Worth Looking Into

ARPost

Dispelling Common VR Myths and Misconceptions Despite the relatively widespread acceptance and use of virtual reality technology, there are still some myths and misconceptions that surround it. An iteration of Unreal Engine (Unreal Engine 5) is already being used to develop applications for a range of VR devices.

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Top XR Events in 2021 That Should Be on Your Must-Attend List

ARPost

A large adoption rate for augmented and virtual reality in 2020 has broadened the audience and age groups interested in the latest technologies. One of the biggest international events dedicated to the augmented and virtual reality will take place at the beginning of September in Chengdu Financial City in Sichuan, China.

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The VR Society’s ‘On The Lot’ is Back—and Fully Augmented

VRScout

Due to the response from the Hollywood and Silicon Valley communities, this year’s event will require double the sound stage capacity to hold our group and the demonstrations,” said Jim Chabin, President of the Advanced Imaging and VR Societies, in a statement. LIFE VR, Unity, Unreal Engine, VRC and DTS (an Xperi company).

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The XR Week Peek (2023.10.11): Meta Quest 3 ships now, a cheaper model may come in 2024… and more!

The Ghost Howls

I think that for a small startup that is shipping its first product, it may make a lot of sense: for a company of that size, it is better to handle a smaller group of high-paying customers than doing the opposite. Sony’s entertainment assets have huge potential in the metaverse area.”

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Rafi Nizam Shares XR Creative Journey with NVIDIA Omniverse

XR Today - Mixed Reality tag

Based in London, the creative has previously collaborated on massive projects with major entertainment firms such as BBC, Sony Pictures, and NBCUniversal. He is also the Chief Creative Officer for Masterpiece Studio, Head of Story for Opis Group, and Lunar-X’s showrunner.

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