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Japanese electronics giant Sony recently bought out Beyond Sports, allowing the former to build massive metaverse content for sporting events. Beyond Sports develops real-world data for 3D animations, and its technologies will seamlessly integrate with Sony’s growing portfolio of immersive solutions. it announced this week.
It’s been called the AR Cloud by many, the Magicverse by MagicLeap, the Mirrorworld by Wired, the Cyberverse by Huawei, Planet-scale AR by Niantic and Spatial Computing by academics. MagicLeap are the highest-profile, with both a device and a platform, and more recent entrants include Ubiquity6, AIReal and Placenote.
Firms such as Amazon, AT&T, Meta Platforms, MagicLeap, Qualcomm, Sony Interactive Entertainment, Unity Technologies, Lenovo, General Motors (GM), and others will take the XR centre stage to discuss how metaverse technologies reshaping enterprises and their operations.
Also keep in mind that there are plenty of private companies worth investing in, and some public companies listed below have invested in them like MagicLeap who has investments to the tune of $1.39 Sony – NYSE: SNE – VR Console, VR Games & VR Headset. Amazon – NASDAQ: AMZN – VR Content & Game Engine.
Apple's passthrough magic might help explain why the industry is making such big shifts before this $3,500 spatial computer even ships. Saudi Arabia-owned MagicLeap took $500+ million more from the "sovereign" investment arm of the state to continue developing its technologies for transparent optical AR.
I also am invested in Apple competitors, Qualcomm, Snap, Microsoft, Amazon, and about 50 other companies in a diverse portfolio. Just get Amazon’s latest iPhone app. Amazon, Tesla, Google, Facebook, and others, including most autonomous vehicle companies, are building the same for various purposes. Disclaimer.
A decent budget for Microsoft and Facebook… but something impossible for companies like HTC or MagicLeap (do you remember when we all thought that $2.5B MagicLeap partners with AMD for its next-generation device. MagicLeap has announced that it has partnered with AMD to build the next generation of its glasses.
They had some hype a few years ago, also because MagicLeap, in the beginning, hinted at the fact that it would have used them, but then they revealed themselves to be too unpractical for AR. A Creator Platform for next-gen to ‘Socialize.’
It isn’t alone, we know of many companies that are spending billions on same, including Microsoft, Google, Amazon, Sony, MagicLeap, Huawei, and others. Literally everyone in the industry other than MagicLeap and Apple uses Qualcomm’s spatial computing tech stack).
Sony invests $250M in Epic Games. Sony has announced that it has made a big investment of $250M in Epic Games through one of its subsidiaries. The investment gives Sony a minority stake in Epic that now is evaluated at more than $17B. And Sony for sure wants to have a stake in the metaverse. Top news of the week.
MagicLeap kicks off the month with the announcement of an enormous $794 million fundraising round, backed by Alibaba. A series of announcements from Amazon, Crytek, Epic Games and Unity Technologies showcase an evolution among their respective game engines into VR world creation toolsets. February 2016.
Image by Sony). Sony shows prototype headset with dual 4K display. During the Sony Technology Day showcase, Sony has shown a prototype of a headset with two 4K micro OLED displays. MagicLeap rebrands and kills the whale. News worth a mention.
New interesting patents by Sony comes to light. Sony is working on the Playstation 5 and next gen PSVR. HP is investigating and has announced that the device will be available on HP website, Amazon and other retailers in July. Does MagicLeap want to create a big reality show?
Alan: So let me ask you, if we wear glasses, let’s say Apple comes out with glasses in, — let’s call it five years, I don’t know — MagicLeap gets miniaturized, maybe North glasses expands their field of view, we’ve got access to glasses.
Alan: So let me ask you, if we wear glasses, let’s say Apple comes out with glasses in, — let’s call it five years, I don’t know — MagicLeap gets miniaturized, maybe North glasses expands their field of view, we’ve got access to glasses.
Alan: So let me ask you, if we wear glasses, let's say Apple comes out with glasses in, -- let's call it five years, I don't know -- MagicLeap gets miniaturized, maybe North glasses expands their field of view, we've got access to glasses.
Regarding the compatibility of older PS4 titles (including VR ones), Sony has clarified that most of titles will be compatible, but some of them won’t work on Day 1. MagicLeap reveals updates and new enterprise solutions. With various posts on its blog, AR startup MagicLeap has revealed a bunch of new updates.
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