Author Archives: Rob Grant - Page 16
Tencent Scraps VR Hardware Development Plans
Reuters is reporting that Chinese tech giant Tencent Holdings will be scraping its plans to build virtual reality hardware as the uncertain economic outlook forces the company to cut its…
Meta Introduces AR Engine for Everyone
Meta has developed a new augmented reality engine that enables developers to easily create engaging AR experiences that can run on just about any device. The new AR engine will…
The Luxury Fashion Industry Embraces the Metaverse
Luxury fashion brands such as Louis Vuitton, Nike, and Gucci have been at the forefront of embracing the metaverse and practically integrating aspects of the technology directly into their business…
Technology in Google’s Immersive View in Maps Now Available for Developers
Google is bringing the technology behind its new immersive view in Google Maps to Unreal Engine The UE5 support will enable developers to build more powerful mixed-reality experiences. The Unreal…
Microsoft Has Disbanded Its Industrial Metaverse Project Team
Microsoft has disbanded its Industrial Metaverse Project Team that was formed four months ago and was charged with helping clients deploy and use the metaverse in industrial settings, The Information…
Meta Caught the Quest 3 Leaker Following “Monthslong” Internal Investigations
Detailed schematics of a prototype of Meta’s upcoming standalone Quest 3 headset set to lunch later this year were published by YouTuber and XR hardware analysts Brad Lynch (SadlyItsBradley) some…
Mawari Raises $6.5 Million for Faster 3D Content Delivery in the Metaverse
XR startup Mawari has raised $ million in an oversubscribed seed round. The new funding will allow for faster 3D content delivery for virtual assets in the metaverse. Through its…
Sandbox VR is Creating a Location-Based Squid Game Experience with Netflix
Sandbox VR is developing a location-based Squid Game VR experience in collaboration with Netflix. The experience will launch later in the year. Sandbox VR has created adaptations of some of…
Google Maps’ Immersive View Launches in Five Cities
Google Maps’ Immersive View feature was first revealed at the I/O 2022 event. The feature leverages both computer vision and Artificial Intelligence to blend Street View and aerial photography into…
Meta’s Reality Labs Lost $13.7 Billion in 2022
Meta’s latest quarterly earnings call this week emphasized AI more than the metaverse, but its XR investments loomed large, just like in the previous earnings calls. Meta has been breaking…