New Delhi: As Meta (formerly Facebook) continues to bet big on gaming, it has lost close to $4 billion on its augmented reality/virtual reality (AR-VR) division. The Mark Zuckerberg-run company showed continued losses in its AR/VR Reality…
Meta is continuing to plough billions of dollars into its AR/VR division Reality Labs, despite losses of more than $1bn every month for most of the last two years.
Meta reported its first quarter earnings after the close of trading yesterday, showing continued losses in its AR/VR Reality Labs division that were more then offset by growth and profitability in the rest of the business.
Frequently integrated into wearable devices such as smart glasses and headsets, extended reality (XR) technology — encompassing augmented reality (AR), virtual reality (VR) and mixed reality (MR) — is unlocking new levels of immersive…
Piper Sandler survey of 6,020 US teens: 33% now own a VR device, up from 31% in fall 2023, and weekly users of VR devices increased to ~13% from ~10% — The AR/VR device market has always been considered a niche. Even with the launch of the…
The AR/VR device market has always been considered a niche. Even with the launch of the Apple Vision Pro earlier this year, there was no expectation of major changes due to the high price tag of $3,500. However, a new survey by Piper…
AR effects have become a key part of entrances and other aspects of WWE TV over the last several years — far outlasting the company’s experiments with VR.
An interview with Andrew Bosworth on the 10th anniversary of Reality Labs, the past and future of VR/AR/AI, Meta's next AR glasses prototype, and more — Meta CTO Andrew Bosworth talks with CNET about the past and future of VR, AR and AI. —…
The innovative image sensor aims to address the common issue of obstructed eyesight in AR/VR devices by introducing the world's first nearly invisible camera.
Virtual reality is interesting again. After a few years of stagnation, it’s worth considering an immersive VR headset. The Meta Quest 3 delivers excellent standalone virtual reality for $500, while Apple has thrown down the gauntlet with…
Apple has filed patent applications for many technologies that don't seem that interesting on their face. Together, they paint a picture of a world where Apple Vision Pro and augmented reality experiences could be available anywhere.
The world of technology is is evolving at an unprecedented pace. After a decade centered on smartphones, artificial intelligence and mixed reality have captured the spotlight. Moreover, we expect these two technologies to combine in the…
New research says that even as the Apple Vision Pro remains too costly for most users, it will grow and its existence is already a boost for all headsets.