The progress being made on medical uses of AR/VR is impressive and exciting, having implications for both medical education and practice. AR/VR – VentureBeat & Louis Rosenberg, Unanimous A.I.
Meta’s Reality Labs loses $2.96B on $695M in revenues in Q1 VR results
Meta’s first-quarter results showed us VR losses are widening even as its VR hardware and software sales grow. AR/VR – VentureBeat & Dean Takahashi
Meta partners with Smithsonian on VR moonwalk exhibit
Meta is partnering with the Smithsonian to allow visitors to explore the Moon’s surface via a Meta Quest 2 headset. AR/VR – VentureBeat & Rachel Kaser
Meta unveils its first physical retail store near its headquarters
Meta is opening its first physical retail store at its headquarters in Burlingame, California. Is it the first in a chain? AR/VR – VentureBeat & Dean Takahashi
Tower 26 venture fund will invest $50M in VR games and the metaverse
Veteran game investor Jon Goldman has raised a $50 million venture capital fund dubbed Tower 26 to invest in extended reality startups. AR/VR – VentureBeat & Dean Takahashi
Cities VR brings building sim to Meta Quest 2
Fast Travel Games revealed the VR version of the popular city-building sim, Cities VR, at the Meta Quest Gaming Showcase. AR/VR – VentureBeat & Rachel Kaser
Enterprise VR training company Strivr raises $35M to help reskill the workforce
Strivr, the enterprise-focused virtual reality (VR) training platform used by Walmart and Bank of America, has raised $35 million. AR/VR – VentureBeat & Paul Sawers
Remio raises $4.5M to expand its VR team-building platform
VR platform Remio is using its newly raised $4.5 million in funding to build its platform, offering users their own work-based metaverse. AR/VR – VentureBeat & Rachel Kaser
Improving on-the-job enterprise training with VR/AR
Using virtual reality, organizations can offer safer, more effective job training at less cost than building labs and real-world environments. AR/VR – VentureBeat & Nik Froehlich, Saritasa LLC
Pokémon Go developer Niantic acquires AR focused studio NZXR
Pokemon Go developer Niantic has acquired the New Zealand based, XR focused developer NZXR to push the limits of future AR games. AR/VR – VentureBeat & Erron Kelly