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Meta is allegedly making 1000 pairs of AR glasses for demonstration purposes
The Immersive Wire - 14 August 2023 (Monday Briefing)
Tom Ffiske
August 14, 2023
Executive summary
Welcome to your weekly briefing on the metaverse. Here are your snippets to sound smarter in meetings this week:
Headline: Meta is making 1000 pairs of AR glasses for demonstration purposes, according to The Information (analysis below).
Stat of the week: The metaverse will be worth $900bn by 2030, according to Bain & Company. (Stats like these vary widely, so treat them with some salt).
Accelerator: Futureverse and Outlier Ventures launched the Futureverse Base Camp Accelerator Program.
Poll: When asked how you found the first half of 2023, it was evenly split - with most people saying it’s not been a great year (more below).
I’m experimenting with cooking a little more this week. I found I can make some bangin’ ramen noodles, but fall apart when I do anything with spinach. Baby steps.
Analysis
Meta is making 1000 pairs of AR glasses for demonstration purposes, according to The Information.
Why? The specs will be used to prove its capabilities via demonstrations next year, though it is unclear which functionalities or industries will be showcased. The high costs are associated with its assembly and construction.
What can we take from this? Honestly not much, but it’s a good example of showing possibilities to build affinity for a product. Let’s see how it goes.
How have you found the first half of 2023?
It’s been evenly split, but “it’s not been the best” was the most popular answer - but there was some light. Rebecca Gill of VRTherapies said: “It's been an emotional rollercoaster for us at VR Therapies but the XR community has shown so much love and support. Whether it's assisting us in restarting our community service after our equipment was stolen or fulfilling the mermaid dreams of a terminally ill girl, we are constantly reminded of the incredible impact we can make when we come together.”
When was the last time you used a VR headset?Responses may be used in the next edition of the Immersive Wire if you add your name to the response. |
Other notable stories
Got any stories? Let me know at tom (at) immersivewire (dot) com.
Acron: Attack of the Squirrels! is available to Pico owners.
Arcturus announced that it has been selected as a go-to-market partner for Microsoft’s Mixed Reality Capture Studios solutions.
Arcfield acquired STC, which is specialised in providing digital twins.
BBVA opened a virtual meeting room.
Disney’s ‘head of metaverse’ left the company.
Frontline.io announced a partnership with Magic Leap.
Mesmerise Group announced the appointment of Dan Donovan as its new CTO.
NVIDIA updated the Omniverse platform with OpenUSD and generative AI, with the help of Varjo.
Paris Hilton launches a Roblox experience.
Psychic VR Lab announced that its joint VR animation project "Sen" with CinemaLeap has been selected for Venice Immersive.
ShapesXR, an XR collab platform, raised $8.6m in funding.
Super League announced the launch of its new immersive experience: Hamilton Simulator on Roblox.
UAE Public Prosecution is hosting a global event on metaverse governance.
Zero Latency announced a new global competition in partnership with HTC VIVE.
Help corner
Need some assistance from other readers? Let me know at tom (at) immersivewire (dot) com.
Jake Donaldso, a VR and Unity developer, is currently available for new projects. With over 6 years of experience in VR and Unity, Jake can help bring your games and experiences to life. You can view Jake's work and contact him through his website.