AR/VR market transition begins as startups raise record $3.6 billion

GUEST: Augmented and virtual reality startups raised over $ 3.6 billion from venture capitalists and corporates in the last 12 months to the end of Q1 2018, setting a new record. Over three-quarters of a billion dollars was invested in the first three months of this year alone. A fundamental transition in the fundraising market […]

USC’s Creating Reality hackathon tackles AR/VR projects starting March 12

Don’t be surprised if you’re strolling by the University of Southern California campus and you see see 400 people decked out in virtual reality headsets next week. The university is hosting Creating Reality, its first VR/AR hackathon. It’s a four-day event that’s sponsored by USC, Intel, Microsoft, AT&T, and HP. It will…Read More

AR/VR Weekly: Microsoft charges in

Well, well, well, look who is today’s hero in virtual reality world. No, it’s not Facebook. It’s not HTC or even Sony. It’s … Microsoft, and it signals that one of the other big megacorps in tech is ready to dive deeper into the emerging scene around VR, augmented reality, and mixed reality. Tuesday, Microsoft […]

AR/VR Weekly: One mega-corp to rule them all

Amazon. Apple. Google. Microsoft. These four corporations, our Chris O’Brien writes, are fighting for one thing: Controlling how we interact with tech, in every single way. Google just gobbled up HTC’s phone division. Apple’s iOS 11 and ARKit have brought augmented reality to millions of phones, and an AR-enabled game has already hit the top spot in the […]

Here Be Dragons AR/VR studio gets $10 million funding from Discovery Communications

You might not have heard of Here Be Dragons before, but you’ve probably heard of some of the projects the it’s worked on. Today, this VR and AR production studio is announcing the closure of a $ 10 million series A round of funding. Discovery Communications led this investment. Here Be Dragons has been creating […]

AR/VR Weekly: RIP, Altspace

Social virtual reality — online spaces where you can interact with others using VR headsets such as the Oculus Rift or the Samsung Gear — is at the forefront of innovation in this growing but still young sector. But one of the most important companies working in this space is shutting down even as we’re […]

AR/VR Weekly: Surviving the desert

Venture capital is still out there for augmented and virtual reality studios, but they’re finding it continues to be a challenge to get enough consumers to pony up for games on the Oculus Rift, HTC Vive, PlayStation VR, and mobile platformers. In a recent interview from the Gamelab event in Spain, GamesBeat lead reporter Dean […]