XR Industry News
The latest news on the XR industry. Covering AR, VR, MR, spatial computing, and the most important companies and platforms in the field.
Online Dating Company Announces $20M Annual Fund to Accelerate “virtual intimacy” Startups
Social Discovery Group, the company behind Dating.com and DateMyAge.com, announced it's launched a venture studio that aims to "transform virtual intimacy into the new normal" by backing early-stage startups in AI-powered communication, XR advancements, and social discovery platforms.
Called SDG...
Snapchat and Meta Reportedly Plan to Reveal Dueling Visions of AR Glasses Next Month
According to a report by The Verge, both Snapchat and Meta will each reveal new AR glasses for the first time next month. Both companies have been working on such projects for years.
According to The Verge's Alex Heath, Snapchat...
Veteran VR Studio nDreams Announces Layoffs Amid “challenging VR games market”
nDreams, one of the most veteran VR studios, today announced it's tightening the belt with a layoff round due to affect 17.5% of the company.
The Farnborough, UK-based studio maintains in the LinkenIn announcement that layoffs are in response to "a challenging...
Epic Releases Unreal Engine 5 But Its Headlining Features Aren’t Ready for VR
This week Epic Games released the latest version of its next-gen game engine, Unreal Engine 5. Though the new version brings improvements in many areas, its most notable features are Lumen (global illumination) and Nanite (micro-polygon geometry), which could...
‘Freedom Locomotion System’ is a Comprehensive Package for VR Movement
Moving around comfortably and immersively in VR remains a hurdle for VR game developers. VR studio Huge Robot has created the Freedom Locomotion System which brings together a number of VR movement systems into a comprehensive and functional package which allows for...
Despite Years of Reports to the Contrary, PC VR Just Won’t Die—In fact, It’s Growing
The XR landscape has changed significantly over the last five years with the flourishing of standalone headsets and new entrants like Apple and (soon) Google. Despite all of that, the PC VR platform has continued a slow but steady...
Hands-on: Meta Ray-Ban Display Glasses & Neural Band Offer a Glimpse of Future AR Glasses
The newly announced Meta Ray-Ban Display glasses, and the 'Neural Band' input device that comes with them, are still far from proper augmented reality. But Meta has made several clever design choices that will pay dividends once their true...
Qualcomm Reveals Snapdragon AR2 Processor for Glasses-sized AR Devices
Qualcomm today announced Snapdragon AR2, its "purpose-built headworn augmented reality platform." Differentiating from the company's existing Snapdragon XR2 chips, Qualcomm says the AR2 architecture is better suited for creating AR glasses with low power consumption and compact form factors.
Today...
Apple’s Computer Vision Tool for Developers Now Tracks Dogs & Cats
Would reality really be complete without our beloved four-legged friends? Certainly not. Luckily the latest update to Apple's 'Vision' framework—which gives developers a bunch of useful computer vision tools for iOS and iPad apps—includes the ability to identify and...
‘Building for the Rift with the Oculus PC SDK’ Liveblog @ 2:30PM PT
Oculus Engineer Director Anuj Gosalia takes to the stage at Connect today to help developers to understand the ins and outs of developing for the Oculus Rift with the company's PC SDK. We'll be liveblogging the event starting at 2:30PM...
NextVR Raises $30.5M to Accelerate Broadcast VR Development
NextVR, the company known for live-broadcasting immersive video such as last month's Gear VR-accessible Democratic debate, announced recently a $30.5 million Series A funding round with investments by some big names in traditional media.
VR is changing the consumption of...
OpenXR Chair Shifts from Epic to Intel, Progress Update Planned for March
Intel's Brent Insko has taken over as the Chair of the OpenXR working group after Epic's Nick Whiting passed the torch. The pair say the OpenXR effort is still going strong, and a progress update is planned for March.
OpenXR...
Wi-Fi 7 Launches With New Features That Promise Reduced Wireless VR Latency
The Wi-Fi Alliance announced today that Wi-Fi 7 Certified products are ready to hit the market. The latest version of the Wi-Fi standard promises the possibility of "near-zero" latency for real-time applications like wireless VR streaming.
The Wi-Fi Alliance (the...
Taking the Long-view: The VR Future Starts in 2016
In the second of a new regular series of reports, Noah Nelson looks at virtual reality's rocky road ahead as the VR industry grapples with the unenviable task of convincing a cynical world, beyond the enthusiasts, that virtual reality is here, it's...
Quest 2 Stock Appears to be Draining as Holiday Sale Drives Purchases
Although Quest 3 is Meta's hot new headset release, an attractive holiday deal looks like it'll make Quest 2 the company's best selling headset this year. Looking at the stock available directly from Meta shows that Quest 3 availability...


















