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Epic Games Secures $1B Investment to Build Its Unreal Engine-powered Metaverse

Road to VR

Epic Games, the company known for its hit battle royale title Fortnite and the Unreal Engine game engine, has managed to attract a stunning $1 billion in its quest to establish a metaverse of linked games and services. The post Epic Games Secures $1B Investment to Build Its Unreal Engine-powered Metaverse appeared first on Road to VR.

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Sony Just Invested $250 Million in Epic Games, Here’s What it Could Mean for VR and Beyond

Road to VR

Sony Corporation announced today that it will invest $250 million in Epic Games, the company well known for its hit game Fortnite and the Unreal Engine game engine that powers it. Unreal Engine is the second most popular game engine for building VR content, and has powered PSVR games like Farpoint , Moss ,and Firewall: Zero Hour.

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Sony Leverages XR to Combat Film Production “Pain Points”

XR Today - Augmented Reality tag

Virtual production (VP) is a new technology revolutionizing the film, media, and broadcast industries. Film production teams and professionals can use this powerful tool to create stunning visuals. VP is a rapidly growing field and will likely grow in popularity in the coming years.

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Sony Establishes Virtual Production Collaboration Centre

XR Today - Augmented Reality tag

Virtual Production (VP) technologies are a rising solution for film production professionals. VP solutions look to replace or enhance pre-existing film production operations such as green screens and in-vehicle backdrops. Moreover, Sony has a DMPC in Los Angeles to provide VP knowledge in the US.

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Epic Games Raises $2B to Further Expand Its Metaverse Ambitions

Road to VR

Now the company, which owns Unreal Engine and popular battle royale shooter Fornite , says it’s secured $2 billion to further build out its future metaverse platforms. Sony has become somewhat of a serial investor in Epic.

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The XR Week Peek (2021.03.01): Sony confirms PSVR 2, Facebook teases Quest 2 Pro, and more!

The Ghost Howls

Image by Sony). Sony officially states it is going to launch the PSVR 2. PlayStation VR has been the most successful headset until now (if we exclude the crappy mobile viewers), but now it is pretty dated and people were wondering what Sony was going to do. Some people started to think that Sony could have abandoned VR.

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BSC 2023: Sony Exec on Virtual Production Tools

XR Today - Mixed Reality tag

The event hosted various camera, lighting, and film production solution providers showcasing the latest audio/visual capture equipment. Virtual production solutions are emerging as a new tool for film, media, and broadcast markets. Recently, Sony opened a virtual production studio in Seine Saint Denis, north of Paris, France.

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