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Meta's Reality labs had its best quarter, but still lost more than $4 billion
Reality Labs, Meta’s division for AR, VR and the metaverse, just had its best quarter yet despite continuing its multibillion-dollar losing streak.
Meta’s metaverse is getting an AI makeover
Meta has a new, AI-centric, strategy to sell the public on its vision for the metaverse.
The Quest 3 and AI chatbots: What to expect at Meta Connect
Meta is once again set to show off a new VR headset, with the Meta Quest 3, as well as its next-generation smart glasses.
Meta starts testing Horizon Worlds on mobile and the web
Super Rumble, the first game out of Meta's in-house studio Ouro Interactive, is now available to a small number of mobile and web users.
The Angels face the Rays in MLB's first regular-season 'virtual ballpark' game
Major League Baseball is ready to test its virtual ballpark for a regular-season game. Fans can “enter” the digital stadium on Wednesday, September 20, to watch the Tampa Bay Rays host the Los Angeles Angels. The league debuted the digital park earlier this summer for a celebrity softball game during this year’s All-Star Game activities.
Meta's avatars finally grow some legs
It's been nearly a year since Meta announced at Connect 2022 that it would give its weird Caspar the Friendly Ghost-esque metaverse avatars some legs to make them appear slightly more human. The day of reckoning is almost upon us as Quest Home avatars now sport extra limbs in the latest beta version of the Quest software.
Sony's Mocopi avatar motion-capture system is coming to the US
Sony just announced North American availability for its unique Mocopi motion-tracking system. The tools allow you to control digital avatars in real-time using full body movement, thanks to six motion sensors and a proprietary smartphone app. In addition to real-time control, this translated body movement can be used in videos and 3D animations, via an SDK that imports motion data into related apps.
Meta's open-source ImageBind AI aims to mimic human perception
Meta is open-sourcing an AI tool called ImageBind that predicts connections between data similar to how humans perceive or imagine an environment. While image generators like Midjourney, Stable Diffusion and DALL-E 2 pair words with images, allowing you to generate visual scenes based only on a text description, ImageBind casts a broader net. It can link text, images / videos, audio, 3D measurements (depth), temperature data (thermal), and motion data (from inertial measurement units).
Meta's Horizon Worlds is opening to young teens in the US and Canada
Meta's Horizon Worlds is opening its virtual doors to younger teens with 'robust' safety controls.
Meta now owns VR fitness company Within
Meta has completed its buyout of VR fitness developer Within just as it's shutting down its signature app, Supernatural.
Microsoft will shut down AltspaceVR on March 10th
Microsoft announced this week it would shut down AltspaceVR, the social virtual reality platform it acquired in 2017, to focus its Mesh mixed reality tech.
Meta buys smart lensmaker Luxexcel to further AR ambitions
Meta this week confirmed it recently bought Luxexcel, a Dutch startup that specializes in augmented reality eyewear.
How the tech titans crashed head-first into reality
Reality bits, it might just take a while for the teeth to sink in.
How Meta flunked its first year as a metaverse company
A year ago, Meta was riding high on the metaverse. Now, as Meta finishes its first full year as a “metaverse company,” the outlook is considerably less rosy.
Meta reconfirms its commitment to the metaverse
Meta will put 20 percent of its total spending toward Reality Labs in 2023, with half of that going directly toward augmented reality (AR) initiatives.
Epic Games rolls out limited accounts to protect young 'Fortnite' and 'Fall Guys' players
Kids will be locked out of certain 'Fortnite,' 'Fall Guys' and 'Rocket League' features until they gain parental consent.
Sony steps into the Metaverse with the 'Mocopi' motion tracking system
Sony has launched an interesting product called Mocopi, consisting of six motion-tracking bands worn on your hands, feet, back and head.
Meta is hosting a 'hyper-realistic' VR Notorious B.I.G. concert
On December 16th, a hyper-realistic avatar of the late East Coast rap legend Notorious B.I.G. will be holding a concert and performing tracks from his catalogue in Meta's Horizon Worlds.
Nike's big push into the blockchain starts with '.Swoosh'
Nike is launching a blockchain platform, '.Swoosh,' where it hopes fans will collect and create virtual goods.
Meta says it will lose even more money on the metaverse in 2023
Reality Labs s losing more money than ever, Facebook’s parent company disclosed in its latest earnings report.