AI and augmented reality let enterprises offer digital concierges for their commercial properties, guiding visitors to meeting and stores. AR/VR – VentureBeat & Jeremy Horwitz
Tilt Five raises $7.5 million for AR goggles for tabletop board games
Tilt Five has raised $7.5 million in funding to build its augmented reality glasses so that fans can play tabletop board games in AR. AR/VR – VentureBeat & Dean Takahashi
TechSee raises $30 million to streamline field service work with AR and computer vision
TechSee, a startup employing AI and computer vision to streamline field service work, raised $30 million to expand its reach. AR/VR – VentureBeat & Kyle Wiggers
Thirdverse raises $8.5 million to expand its VR business
VR developer Thirdverse has completed a Series A funding round worth $8.5 million.Thirdverse worked on the sword-fighting VR game Swords of Gargantua. AR/VR – VentureBeat & Mike Minotti
Snap drops 11% as user growth disappoints in Q2 2020
Snap said a bump in user growth at the start of coronavirus-led lockdowns petered out sooner than expected, and it forecast fewer current-quarter users. AR/VR – VentureBeat & Reuters
Magic Leap names ex-Microsoft EVP Peggy Johnson as CEO
The struggling AR platform maker has named a new CEO, effective August 1, who may be able to reverse Magic Leap’s currently sinking fortunes. AR/VR – VentureBeat & Jeremy Horwitz
HTC’s Vive X incubator backs 7 new startups, focuses on enterprise XR
The $100 million fund launched in 2016 and has nearly doubled its investment while increasingly focusing on enterprise VR and XR applications. AR/VR – VentureBeat & Jeremy Horwitz
Librestream raises $24 million to automate field technician tasks with AI
The Canadian augmented worker platform maker is increasing its AI investments and employee count to address growing demand for quick analysis of field data. AR/VR – VentureBeat & Jeremy Horwitz
Deloitte: Enterprises say 5G and Wi-Fi 6 will be ‘critical’ in 3 years
Businesses are planning to supercharge their wireless networks to transform their cloud apps, data analytics, AI, edge processing, and IOT deployments. AR/VR – VentureBeat & Jeremy Horwitz
Magic Leap CEO Rony Abovitz is stepping down
Magic Leap founder Rony Abovitz confirmed he has raised a new round of funding, and he also said that he will step down as the CEO. AR/VR – VentureBeat & Dean Takahashi