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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’s New 3D Display Doesn’t Require Any Glasses

VRScout

Sony announced a new addition to its growing lineup of Spatial Reality Displays. Available for purchase next month, the ELF-SR2 is a 27-inch 4K display that can supposedly deliver immersive 3D content without the need for additional hardware, such as augmented reality (AR) glasses or a VR headset.

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ESI Design Uses Unreal Engine To Create An AR-Inspired Lobby Experience

VRScout

A two year renovation has transformed The Crossroads lobby into an interactive digital experience powered by Unreal Engine. For the woodland creatures that roam inside of the digital windows, the design team turned to Unreal Engine’s AI-driven animations to bring the animals to life and have them respond naturally to your presence.

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Epic Games Acquires Sketchfab, the Massive 3D Object Library Compatible with AR/VR Headsets

Road to VR

Sketchfab , the platform that lets you view, share, and download 3D models via traditional monitors and AR/VR headsets, today announced its been acquired by Unreal Engine creators Epic Games. Sketchfab says it will continue to support other game engines, Unity included.

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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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Sony Showing More Believable VR Characters In PSVR GDC Tech Demo

UploadVR Between Realities podcast

Creating more believable virtual characters will play an essential role in further immersing us in single-player VR experiences in the future, and Sony intends to demonstrate that on PlayStation VR (PSVR) this GDC. There are scheduled Unreal Engine 4 and Unity Engine PSVR demonstrations too.

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Top XR Events in 2021 That Should Be on Your Must-Attend List

ARPost

The COVID-19 pandemic has shown us how important immersive and interactive apps and games are in our everyday life. Immersive games and apps and 3D videos have opened a new world for emotionally exhausted people staying at home 24/7. XR Events in 2021 – Celebrating the Industry that Made Lockdown Bearable. ICHVR 2021.

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