AR


VR and AR set for record growth but ‘not ready for primetime’

US research firm The Diffusion Group (TDG) has published TV and video projections for the coming year, in which it sounded a note of caution about the near-term prospects of VR. TDG said its consistent view is that VR will “take a long time to gestate among gamers and other early adopters before it’s ready […]

Facebook makes AR push, launches VR app

Facebook signalled a major push into augmented reality and launched a VR app for communicating with friends at its F8 conference yesterday. Speaking at the developers event in San Jose, California, Facebook CEO Mark Zuckerberg announced Facebook’s new Camera Effects Platform, which is designed to giving developers the power to build AR tools. “If you […]

AR and VR investments reach $2.3bn

The amount of money invested last year in virtual and augmented reality companies more than tripled compared to 2015, according to new research. Digi-Capital’s new ‘Augmented/Virtual Reality Report and Deals Database’ said that venture capitalists and corporate investors put US$2.3 billion into AR and VR startups in 2016, compared to some US$700m in 2015. AR […]