Social VR App ‘Rec Room’ Raises $100M Financing, Now at $1.25B Valuation

Rec Room, the social VR platform, announced it has secured a $100 million financing round, bringing the company's valuation to $1.25 billion. This makes it one of the most valuable VR companies outside of platform holders Facebook, Valve, and...

‘Half-Life: Alyx’ Sees Best Sale Yet in Celebration of First Anniversary

Now through March 31st you can pick up Half-Life: Alyx on sale at a 40% discount in celebration of the game's one year anniversary. Half-Life: Alyx is clearly one of the best VR games released thus far, and if you've somehow avoided...

AppliedVR Secures $29M Funding to Pursue FDA Approval for VR Pain Management Tech

AppliedVR, a virtual reality pain management startup, today announced it has secured $29 million in funding, something it aims to use in pursuit of FDA approval for its cognitive behavioral therapy-based pain management tech. The Series A financing round includes F-Prime...

Nintendo Partners With Niantic for Multiple New AR Games, Starting This Year with ‘Pikmin’

Nintendo and Niantic have announced a partnership to jointly develop new AR games based on Nintendo franchises. The first game will be based on the Pikmin series, and be "built on Niantic's real-world AR technology," which has most famously...

You Can Now Photoshop the World in Real-time With AR on an iPhone

WarpAR is a free iOS app from developer Matt Bierner which lets you use Photoshop-like liquify tools to dynamically modify the world through AR. More than just a cool tech demo, it also helps us imagine what the future...

You Can Now Demo ‘Synth Riders’ for Free on Quest via App Lab

Now that Facebook has released App Lab, its unmoderated outlet for Quest apps, more studios are taking advantage of the ability to easily publish their demos for direct download, and Synth Riders just joined its ranks. There's only a few game demos...

Gamescom 2021 is Moving Forward with Plans for Hybrid Event

Like a majority of in-person events, Gamescom was cancelled last year due to the COVID-19 pandemic, or rather held entirely online—however you want to slice it. Now event organizers say it will be held as a "hybrid event" this...

Sony is an Official Supporter of OpenXR But Hasn’t Committed to a PSVR Implementation

Despite being among the early supporters of the OpenXR consortium—the industry group building the open standard for XR devices—Sony so far seems to have avoided making a specific commitment to implement OpenXR on PSVR or its next-gen headset. OpenXR is...

Newly Published Valve Patent Envisions Wireless & Standalone Versions of Index, New Head-mounts

A newly published patent granted to Valve envisions new Index headsets that could be wireless or standalone, and include new head-mounts for improved ergonomics. Initially filed back in September, 2020, more than a year after the launch of Valve's Index...

Facebook Gives Sneak Peek of New Avatar System for Quest, Watch It Here

At the all-digital version of SXSW 2021 today, Facebook's Mark Rabkin, VP of Oculus, showed off an upcoming new version of its avatar system on Quest. In his chat with CNET's Scott Stein, called The Quest Effect: Inside VR's Next...