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.
One-on-one Consulting with Epic, Unity, and Oculus Available to VR Devs at Connect
Oculus' forthcoming Connect 2 conference is a resolutely developer focused event and these events, offering 1:1 face-time with experts in both Unity and Unreal engines, specifically on the mechanics of building a VR project, may just be the ticket...
AR Glasses Startup Nreal Secures $40M in Series B Financing
Nreal, the China-based company behind the Nreal Light AR glasses, today announced its secured another $40 million in funding.
As reported by TechCrunch, the latest financing round was led by Chinese video sharing platform Kuaishou, with participation by iQiyi, GP Capital,...
Meta Reality Labs Latest Revenue & Operating Cost Figures Aren’t Going to Make Investors Happy
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...
Apple Releases Vision Pro Development Tools and Headset Emulator
Apple has released new and updated tools for developers to begin building XR apps on Apple Vision Pro.
Apple Vision Pro isn't due out until early 2024, but the company wants developers to get a jump-start on building apps for...
Apple Confirms Acquisition of VR Live Streaming Company NextVR
NextVR, the live event broadcasting platform for VR headsets, has been acquired by Apple in what was reportedly a $100 million purchase.
Update (March 15th, 2020): For the first time since reports broke back in April, Apple has confirmed that...
Now Available: New Quest Rendering Tech Promises Massive Gains in App Performance
At Connect 2021 last week, Meta revealed a new Quest rendering technology called Application Spacewarp which it says can increase the performance of Quest apps by a whopping 70%. While similar to the Asynchronous Spacewarp tech available to Oculus...
2019 Was a Major Inflection Point for VR—Here’s the Proof
VR adoption is accelerating thanks to the Oculus Quest. We’ve seen over 100 VR titles break $1 million in revenue, growing the total VR software market by 3x in 2019. Top grossing VR titles have cleared $10 million in...
AR Glasses Creator Nreal Secures $100M Series C Financing to Expand Internationally
Chinese AR glasses startup Nreal announced it's raised a fresh $100 million Series C financing round, something it says will be used for R&D and to fund wider international expansion.
As first reported by CNBC, the latest round reportedly brings...
Nintendo is Reviving its Infamously Failed Virtual Boy with a Switch-compatible Accessory
Feel free to double-check the calendar... yes, it is in fact September 12th and not April 1st. Nintendo, always managing to surprise in one way or another, is reviving its infamously failed 3D gaming console, the Virtual Boy.
First released in...
VR Studio Releases Free Unity Development Framework for Building Rich VR Interactions
Veteran enterprise VR studio VRMADA has released a public version of its VR toolset for quickly building immersive interactions for VR within Unity. Called UltimateXR, the studio says the tool is free and open source.
Our Guest Article by VRMADA...
HTC Announces Multi-million Dollar Vive Art Initiative, Bringing VR to Museums Worldwide
HTC announced a new multi-million dollar VR initiative aiming to support content, creators and institutions that embrace VR not only as an artistic medium itself, but as a way to better immerse users in all forms of art. The company aptly calls the program...
Quest 3 Has Higher Effective Resolution, But This is Why Vision Pro Still Looks Best
Take a look around the web at reviews of Vision Pro and you’ll find that practically everyone agrees: Vision Pro’s display is excellent. Words like “crisp,” “smooth,” and “4K," are commonly used when people are talking about the headset's...
Watch Halo Played on Microsoft HoloLens in Augmented Reality
This is a video of Microsoft project manager Varun Mani, streaming a game of Halo: Guardians to his HoloLens, presented through the magic of augmented reality, straight onto his walls.
Microsoft's augmented reality wonder-toy HoloLens has flirted with the idea of becoming...
Google Brings AR Mode to ‘Motion Stills’ Android App
Google recently launched an augmented reality mode for the Android version of its video capture app Motion Stills, which brings the ability to insert AR objects into the world so you can record GIFs and video.
Much like Google's AR...
‘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...



















