The Chinese augmented reality startup, Rokid, has raised a Series C funding round of $110 million to invest in technology R&D, marketing, and ecological construction.
The leading global technology giant, Qualcomm, has launched its Snapdragon Metaverse Fund to invest up to $100 million for development for XR technologies.
The award-winning game development studio, XR Games, has acquired Fierce Kaiju, an indie game development company specializing in creating virtual reality games.
Estonia-based Alpha AR has raised $800K in fresh funding for its AI-powered automatic 3D content creation platform.
Meta is introducing a new set of parental control tools to enable parents to control the time and usage of Instagram and VR for their children.
The Arkansas Office of Skills Development (AOSD) is partnering with the Arkansas Community Colleges and TRANSFR for a statewide virtual and augmented reality program to foster career exploration.
Financial services provider HSBC becomes the latest global bank to get on the metaverse bandwagon by purchasing a piece of virtual real estate in The Sandbox metaverse.
The esports developer creating a virtual stadium experience, Virtex Stadium, has partnered with Meta and Echo VR to bring the live sports experience to virtual reality.
Search giant Google is acquiring a five-year-old startup called Raxium, specializing in Micro LED technology associated with augmented reality and mixed reality displays.
Verizon is partnering with Doug Liman's 30 Ninjas and the French immersive studio Novelab to develop an augmented reality adventure thriller game powered by 5G.