Microsoft CEO Satya Nadella has defended the company's $480m contract to supply HoloLens-for-war headsets to the US Army, writes Liam Tung. Here is the link: https://www.zdnet.com/article/microsoft-ceo-nadella-hololens-for-war-is-fine-if-its-used-by-a-democracy/
AR/VR pioneer and Hololens co-inventor Avi Bar-Zeev has left Apple, writes Janko Roettgers. Here is the link: https://variety.com/2019/digital/news/hololens-inventor-bar-zeev-leaves-apple-1203127715/
Facebook's Oculus Quest headset, a new standalone virtual reality system that doesn't require a PC to run, will launch in Spring 2019 for $399, writes Kevin Webb. Here is the link: https://www.businessinsider.com/facebook-announces-oculus-quest-vr-headset-launching-spring-2019-2018-9
Munich-based Brainlab, a company that develops, manufactures and markets software-driven medical technology, has inked an exclusive agreement with Magic Leap.
Apprentice.io, creators of a conversational augmented reality (AR) and artificial intelligence (AI) platform, has raised $8 million in a Series A funding round.
Apple Inc has acquired a startup focused on making lenses for augmented reality glasses, the company confirmed on Wednesday, writes Stephen Nellis. Here is the link: https://finance.yahoo.com/news/apple-buys-startup-focused-lenses-235742737.html
AR platform company Ubiquity6 has raised $27 million in Series B funding.
Worldwide information and communications technology (ICT) spending, including new technologies, is expected to exceed $5.6 trillion in 2021, says IDC.
6D.ai, a developer of APIs for augmented reality (AR) apps has raised a seed round. The equity investment was led by General Catalyst.
Worldwide shipments for augmented reality (AR) and virtual reality (VR) headsets will grow to 68.9 million units in 2022 with a five-year compound annual growth rate (CAGR) of 52.5%, according to the latest forecast from IDC.
Dell will be the first authorized reseller of the Meta 2 augmented reality (AR) development kit from Meta.
Accenture has entered into an agreement to acquire Germany-based Mackevision, a producer of 3D-enabled and immersive product content.
The University of Washington is launching a new augmented and virtual reality research center — funded by Facebook, Google, and Huawei.
Baidu and Xiaomi have entered into a partnership to collaborate on artificial intelligence (AI) and Internet of Things (IoT) technologies.
Williams-Sonoma is acquiring Outward, a 3-D imaging and augmented reality platform, for $112 million.