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The XR Week Peek (2022.07.04): Big tech companies perform budget cuts, Mojo tests its smart contact lens in-eye, and more!

The Ghost Howls

Of course for some ad-based tech companies, the current economic situation is not the only problem, but there is another big one which is Apple and its new privacy features embedded into iOS. This is of course the base technology needed for foveated rendering. Especially Apple, which everyone is waiting for. And there’s more.

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Will Meta-MediaTek Partnership Advance AR Smart Glasses?

XR Today - Augmented Reality tag

pic.twitter.com/FJIhvV4hQO — MediaTek (@MediaTek) November 16, 2023 The technologies the two companies will provide will not be offered to other tech companies and signals a hallmark collaboration between companies from the United States and China. Meta chose MediaTek’s silicon for our expertise in optimizing power and performance.

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Intel to Buy Imagination Technologies or AMD’s RTG?

VRWorld

More recently, AMD spun off its engineering teams under the Radeon Technologies Group, which is lead by Raja Koduri. Acquiring Imagination Technologies. Imagination Technologies is a company close to Intel, and the Santa Clara giant already owned a 5% stake in the company. Acquiring the company could happen for approximately $1.0-1.5