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70% of the 20 Best-rated Quest 2 Apps are Now Available on Pico 4

The standalone VR market is continuing to grow, and with it, we’re increasingly seeing platform competition for quality content. Pico made its biggest push into consumer VR so far with the launch of the Pico 4 last year, and the company has been gaining ground on getting top VR content onto its store. Top Quest […]

Road to VR & Ben Lang

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One of VR’s Most Veteran Studios Has Gown to 200 Employees While Continuing to Double-down on VR
Having been exclusively building VR games since 2013, nDreams stands as one of the most veteran VR-exclusive game studios to date. And with more than 200 people, one of the largest too. The studio’s CEO & founder, Patrick O’Luanaigh, continues to bet his company’s future on the success of VR. Speaking exclusively to Road to VR ahead of […]

Road to VR & Ben Lang

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Meta Has Sold Nearly 20 Million Quest Headsets, But Retention Struggles Remain
Meta has sold nearly 20 million Quest headsets, but the company continues to struggle with keeping customer using VR. According to a report by The Verge, citing an internal Meta presentation held today, the company has sold nearly 20 million Quest headsets. This likely includes Quest 1, Quest 2, and Quest Pro, though by all accounts […]

Road to VR & Ben Lang

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Meta Affirms Plans for Quest 3 Launch This Year, Despite Layoffs and Focus on “Efficiency”
Despite major layoffs from Meta, the company has affirmed that its next-gen consumer headset, Quest 3, is planned for release this year. While it will adopt some of the features from Quest Pro, not all will make the leap. In November last year, Meta announced plans to reduce its workforce by 13%—a whopping 11,000 cut […]

Road to VR & Ben Lang

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Meta Reality Labs Earnings Reveal a Less Successful Holiday Season & Highest Operating Costs Yet
Meta today revealed its latest quarterly earnings results, showing that Reality Labs, the company’s XR and metaverse arm, had a smaller holiday season than the last, while operating costs have reached their highest levels yet. Today during the company’s Q4 earnings call, Meta revealed the latest revenue and operating cost figures for its XR and […]

Road to VR & Ben Lang

2022 Was a Plateau Year for VR, Here’s What to Expect in 2023
The end of 2022 marks more than a decade since the Oculus Kickstarter sparked the modern era of VR. While the space has undoubtedly grown tremendously since then, 2022 felt largely like a plateau year, with Meta standing unchallenged as the dominant player in the space—while progressing disjointedly in too many directions at once. But […]

Road to VR & Ben Lang

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 to see. Meta has been clear about its plan to spend aggressively on its XR initiatives […]

Road to VR & Ben Lang

Valve Corrects Steam Survey Data Revealing Latest VR Population Growth

Road to VR & Ben Lang

Varjo Raises $40M Series D Funding to Expand Cloud-based XR Platform
Varjo, maker of high-end enterprise XR headsets, this week announced it has raised a $40 million Series D investment to continue building its Varjo Reality Cloud software and deliver a “true-to-life industrial metaverse.” Varjo makes some of the highest-end enterprise XR headsets on the market, along with unique software solutions, claiming recently that one quarter […]

Road to VR & Ben Lang

Meta & Qualcomm Join “Multi-year” XR Chip Partnership to Combat a Common Threat
Two of the biggest names in XR—headset maker Meta and chip maker Qualcomm—today announced a “multi-year broad strategic agreement” to collaborate on “customized virtual reality chipsets” for future devices. Qualcomm, a leading provider of smartphone processors, was an early mover in the XR space by pushing variants of its Snapdragon mobile processors as ideal for […]

Road to VR & Ben Lang