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.
PSVR 2 Holiday Sales Volume Grew Massively Year-over-year on Amazon
A big sale on PSVR 2 pushed the headset's holiday sales volume on Amazon US higher than might have...
Oculus Founder’s Defense Company is Taking Over Microsoft’s Military AR Headset Project
Palmer Luckey's defense company Anduril is taking over Microsoft's beleaguered Integrated Visual Augmentation System (IVAS) program, which seeks to produce...
Veteran VR Studio nDreams Condenses Two Studios into One, With Layoffs for Some
Veteran VR developer and publisher nDreams announced it's opened an internal studio, called 'Compass', after having closed both its...
Meta CTO: 2025 is a ‘Make or Break’ Year for Meta’s XR Ambitions, Internal...
Meta CTO Andrew Bosworth released an internal memo to employees, stating 2025 is going to be "the most critical...
Meta’s VP of XR is Departing the Company Citing Family Health Concerns
Meta's VP of XR, Mark Rabkin, is departing the company after leading its XR efforts for more than four...
‘Metro Awakening’ Studio Vertigo Games Sells Off VR Arcade Content Platform SpringboardVR
Vertigo Games, the studio behind the Arizona Sunshine series and Metro Awakening (2024), announced it's sold off SpringboardVR, the location-based entertainment (LBE)...
Mindshow Unveils Enterprise Virtual Production Suite for XR Animation, Former Hulu Executive Signs on...
Mindshow, the real-time CG animation company, unveiled its virtual production platform for enterprise partners looking to use XR headsets...
Meta Reality Labs Saw Record Quarterly Revenue in Q4 2024, But Also Record Costs
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue...
VR Veteran Fast Travel Games Announces Layoffs, Citing Lower Than Expected Sales in 2024
Fast Travel Games, the Stockholm-based developer and publisher behind a host of VR titles, announced they're laying off 30...
Google Acquires Vive Engineering Talent for $250M, Raising Questions About HTC’s Next Move
Google has acquired a number of HTC's XR engineers for $250 million, something the company says will "accelerate the...
Snap Makes Spectacles AR Glasses More Affordable for Students & Teachers
Snap, the company behind Snapchat, is making its latest Spectacles AR Glasses more affordable to students and teachers with...
Samsung Shows First Glimpse of Near-final Android XR Headset, But No Controllers Yet
Samsung Unpacked didn't have any big XR revelations this year, although the South Korean tech giant has finally shown...
Meta Reportedly Plans Smart Glasses with Display, Targeting 2025 Release at Premium Price Point
Even with onboard AI, Ray-Ban Meta Smart Glasses aren't as smart as they could be, since the glasses lack...
Google Responds to Developer Concerns About Long-term Commitment to Android XR
Google's announcement of Android XR last month was largely met with excitement, but there was a notable undercurrent of...
35% of All Game Developers Are Building for XR, According to GDC Industry Survey
Despite industry woes, XR development has largely stayed consistent, according to the annual Game Developer Conference (GDC) State of...