Having been exclusively building VR games since 2013, nDreams stands as one of the most veteran VR-exclusive game studios to date. And with more than 200 people, one of the largest too. The studio's CEO & founder, Patrick O'Luanaigh, continues...

Meta has sold nearly 20 million Quest headsets, but the company continues to struggle with keeping customer using VR. According to a report by The Verge, citing an internal Meta presentation held today, the company has sold nearly 20 million Quest...

Pimax, the China-based creator known for its wide field of view (FOV) VR headsets, announced it's secured a $30 million series C1 financing round, something the company says will aid in the rollout of its new portfolio of VR...

Chinese tech giant Xiaomi today showed off a prototype AR headset at Mobile World Congress (MWC) that wirelessly connects to the user's smartphone, making for what the company calls its "first wireless AR glasses to utilize distributed computing." Called Xiaomi...

Despite major layoffs from Meta, the company has affirmed that its next-gen consumer headset, Quest 3, is planned for release this year. While it will adopt some of the features from Quest Pro, not all will make the leap. In...

Prisms VR, an immersive platform for teaching math, announced it's raised $12.5 million in a Series A round, which the company says will be used to expand its VR math literacy platform to more schools across the US. Led by...

Meta today revealed its latest quarterly earnings results, showing that Reality Labs, the company's XR and metaverse arm, had a smaller holiday season than the last, while operating costs have reached their highest levels yet. Today during the company's Q4...

Last week Meta released the latest version of the Meta Quest Developer Hub tool which has been optimized to work natively on Apple's M-series chips for better performance. The Meta Quest Developer Hub (MQDH) is a collection of tools to...

Gemba, the corporate VR learning platform, announced it's closed an $18 million Series A funding round, which the company says will be used to continue expansion into Europe, the Middle East, Africa, and North America. The latest funding round was...

The end of 2022 marks more than a decade since the Oculus Kickstarter sparked the modern era of VR. While the space has undoubtedly grown tremendously since then, 2022 felt largely like a plateau year, with Meta standing unchallenged...

In 2021, Microsoft won a United States Army defense contract worth up to $22 billion which would support the development of an Integrated Visual Augmentation System (IVAS), a tactical AR headset for soldiers based on HoloLens 2. Now Congress...

Saudi Arabia has taken majority share of the US-based augmented reality company Magic Leap, The Telegraph reports, widening the stake via its state-owned sovereign wealth fund with a deal amounting to $450 million. Citing delayed accounts obtained from its European division, the company is...

Japanese VR studio Thirdverse today revealed it's raised $15 million, something the Swords of Gargantua developer says will be used to expand global recruitment and develop new Web3 and VR titles. In its latest round, MZ Web3 Fund has signed...

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...

In Meta's most recent quarterly earnings call the company shared the latest revenue figures of Reality Labs, the company's XR division. In the third quarter of the year the division hit new milestones... unfortunately not the kind investors like...