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Sony Just Invested $250 Million in Epic Games, Here’s What it Could Mean for VR and Beyond

Road to VR

Sony Corporation announced today that it will invest $250 million in Epic Games, the company well known for its hit game Fortnite and the Unreal Engine game engine that powers it. Unreal Engine is the second most popular game engine for building VR content, and has powered PSVR games like Farpoint , Moss ,and Firewall: Zero Hour.

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Metaverse Standards Forum to Unite XR Leaders

XR Today - Mixed Reality tag

” According to Epic Games’ Vice-President of Unreal Engine, Marc Petit , his enterprise’s goal was to build an open metaverse that “enriches humanity and is home to a thriving, fair ecosystem.”

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Epic Floated the Idea of Building a Launch Title for Sony’s Next VR Headset

Road to VR

Epic Games, the creators of Unreal Engine, said it would consider building a launch title for Sony’s “next VR platform” during negotiations about Fortnite cross-play on PlayStation in 2018. And though Epic hasn’t made any VR games since then, it seems that in 2018 it was still ready and willing.

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The XR Week Peek (2020.05.11): new Quest is in the works, Magic Leap may pivot to healthcare, and more!

The Ghost Howls

I hope that a future rumor clarifies a bit more what is Facebook’s strategy. (Thanks Alessio Palumbo for the tip!). Various months ago, Jason Rubin told the press that he was investigating an exchange of exclusive titles with Sony : his purpose was the one of bringing some of the best PSVR titles, like Resident Evil 7, to the Oculus Store.

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Mark Zuckerberg and I are confusing the market about VR and AR and the future of all computing: here’s why we need to stop doing that

Robert Scoble

It isn’t alone, we know of many companies that are spending billions on same, including Microsoft, Google, Amazon, Sony, Magic Leap, Huawei, and others. You can see this in today’s AR products (and despite what Microsoft or Magic Leap call their devices, they really are augmented reality devices that you wear on your face).

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Improbable Showcases Large-Scale Metaverse Tech

XR Today - Mixed Reality tag

The enterprise also launched its end-to-end metaverse strategy late last year, leading to improved financial profiles. Microsoft acquired Blizzard Activision in an unprecedented $68.7 billion acquisition in late January, and Sony bought out Halo creators Bungie for a respective $3.6 Improbable estimates growth of 2.5

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The XR Week Peek (2020.08.17): Facebook Horizon avatars revealed, Mozilla dismantles its XR team, and more!

The Ghost Howls

Is The Sony XRperia coming? Sony has just published a job offer looking for professionals to build an XR headset. You may yawn at this news because we all know that PSVR is a thing, and of course, Sony hires people to work on it, but the announcement is more interesting than this. The Sony XRperia is coming.

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