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Magic Leap Cuts Nearly 200 Jobs as AR Pioneer Pivots Into Waveguide Supplier

AR unicorn Magic Leap is again pivoting its core business, this time to serve as a waveguide supplier to other companies making AR glasses, something that we’ve learned comes amid a mass lay off nearly 200 of its core engineering and product development staff. According to a formal WARN Act notification letter to US government […]

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Road to VR & Scott Hayden

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Valve Drops Big SteamVR Update Ahead of Steam Frame Launch

Valve has dropped a sizeable update to SteamVR, paving the way for what appears to be imminent launch of its long-awaited standalone VR headset, Steam Frame. Valve’s latest update brings a good slate of Steam features to SteamVR, which seems to be shaping up to be a proper VR-based operating system, now including a new […]

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Anduril Founder Quietly Teases Remarkably Compact AR Glasses

Palmer Luckey, the founder of military tech startup Anduril (also the founder of Oculus), quietly teased a pair of unannounced AR glasses that are presumably in development at Anduril. Despite their incredibly compact appearance, Luckey says they are not merely smart glasses, but are indeed built for full AR capability. Just days after Snap Inc […]

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Anduril Founder Quietly Teases Remarkably Compact AR Glasses

Palmer Luckey, the founder of military tech startup Anduril (also the founder of Oculus), quietly teased a pair of unannounced AR glasses that are presumably in development at Anduril. Despite their incredibly compact appearance, Luckey says they are not merely smart glasses, but are indeed built for full AR capability. Just days after Snap Inc […]

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Road to VR & Scott Hayden

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‘Tomb Raider’ VR Reportedly Cancelled According to Leaked Images & Video

As reported by MP1st, a sizable leak from Vertigo Games reveals its now-defunct Amsterdam satellite studio was working on an official Tomb Raider VR title before the project was cancelled earlier this year. Vertigo Games Amsterdam was working on the unannounced Tomb Raider VR game from at least November 2024 until its cancellation in January […]

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Road to VR & Scott Hayden

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Meta Closes Smart Glasses Privacy Loophole With New Camera-Killing Update

Meta is rolling out an update to its line of smart glasses that will disable the camera if the device’s capture LED has been tampered with or destroyed. Since the rollout of Meta’s second-gen Ray-Ban Glasses in 2024, physically covering the white capture LED on any of the company’s current smart glasses shuts off the […]

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Road to VR & Scott Hayden

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HTC’s Revenue Stabilizes as XR Pioneer Pins Hopes on AI, Smart Glasses and Enterprise

HTC has been attempting a second act as an XR and AI hardware company for a few years now with mixed results. And while the once-dominant smartphone company is still the midst of a protracted revenue decline, HTC seems to have stabilized. As reported by Taiwan’s Financial Express News, HTC revealed at its annual shareholders […]

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Road to VR & Scott Hayden

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Smart Contact Lenses Move Closer to Reality as XPANCEO Expands JBD Display Partnership

Dubai-based smart contact lenses startup XPANCEO announced it’s expanding a partnership with China’s JBD to co-develop a new micro-display designed specifically for smart contact lenses. Previously, the companies co-developed a printed circuit board with integrated micro-display, as well as a unique optical system capable of forming a near-eye image for easy focus. Now XPANCEO is deepening […]

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Smart Glasses Startup Even Realities Secures Unicorn Status with $150M Funding Round

Even Realities, the China-based smart glasses company, has officially secured unicorn status with its most recent Pre-B financing round, bringing the company $150 million and a $1 billion valuation. The round, which was led by Meituan and Tencent, is said to be primarily directed toward the development of Even Realities’ next-gen smart glasses platform, the […]

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‘MemoMind One’ Display Smart Glasses Blast Past $500K Crowdfunding Mark

MemoMind, a new AI hardware brand from projector manufacturer XGIMI, launched a crowdfunding campaign for its first smart glasses last week, the MemoMind One, which include dual displays, microphones, and open ear speakers—but no built-in camera. The News First shown at CES 2026 in Las Vegas in January, MemoMind One launched a Kickstarter last Sunday […]

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Road to VR & Scott Hayden