Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Unicoin Executive Who Put Bounty on Vladimir Putin’s Head Charged With $110M Fraud

May 23, 2025

Analyst Says Full-Blown Altseason Has Started, Outlines Path Forward for Dogecoin, Floki and Pepe

May 23, 2025

JPMorgan, Bank of America, Citi and Wells Fargo Weighing Joint Stablecoin Launch: Wall Street Journal Report

May 23, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Unicoin Executive Who Put Bounty on Vladimir Putin’s Head Charged With $110M Fraud

    May 23, 2025

    Analyst Says Full-Blown Altseason Has Started, Outlines Path Forward for Dogecoin, Floki and Pepe

    May 23, 2025

    JPMorgan, Bank of America, Citi and Wells Fargo Weighing Joint Stablecoin Launch: Wall Street Journal Report

    May 23, 2025

    Crypto Daybook Americas: BTC Market Cap Tops $2.2T as Derivatives, Sentiment Signal Pricing Upside

    May 23, 2025

    Bitcoin’s bull market will ‘redefine’ BTC’s role in modern portfolios — Fidelity research

    May 23, 2025

    Bitcoin price drops 4% as Trump EU tariff talk liquidates over $300M

    May 23, 2025

    Is BTC price overheating at $111K?

    May 23, 2025

    Crypto Analyst Issues Bitcoin Alert, Says BTC Dump Incoming if History Repeats Itself – Here Are His Targets

    May 23, 2025

    BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

    May 23, 2025

    The future of Web3 is not blockchain

    May 23, 2025

    Bitcoin Primed To Go Higher Faster Than Expected, Says Analyst Michaël van de Poppe – Here Are His Targets

    May 22, 2025

    Whale buys back ETH holdings after missing $2.6M gain

    May 22, 2025

    Analyst Says Full-Blown Altseason Has Started, Outlines Path Forward for Dogecoin, Floki and Pepe

    May 23, 2025

    Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined

    May 23, 2025

    Ethereum price chart targets $4K as transaction fees hit 3-month high

    May 23, 2025

    XRP price fails to respond to two extremely bullish developments — Here is why

    May 22, 2025

    Unicoin Executive Who Put Bounty on Vladimir Putin’s Head Charged With $110M Fraud

    May 23, 2025

    Analyst Says Full-Blown Altseason Has Started, Outlines Path Forward for Dogecoin, Floki and Pepe

    May 23, 2025

    JPMorgan, Bank of America, Citi and Wells Fargo Weighing Joint Stablecoin Launch: Wall Street Journal Report

    May 23, 2025

    Crypto Daybook Americas: BTC Market Cap Tops $2.2T as Derivatives, Sentiment Signal Pricing Upside

    May 23, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    AI Gone Rogue: Snitching, Blackmailing, and Begging for Life!

    May 23, 2025

    Bitcoin Falling: New TRUMP Tariff Destroying Crypto Prices

    May 23, 2025

    Bitcoin Hits All Time Highs AGAIN… Here’s What’s Next

    May 22, 2025

    Discover Crypto, Bitcoin & Altcoin News

    May 22, 2025

    SUI WAS HACKED FOR $200 MILLION!!

    May 22, 2025
ApeWatcher News
Home » Big XR News from Meta, NVIDIA, Luminous, Microsoft
Big XR News from Meta, NVIDIA, Luminous, Microsoft
Metaverse

Big XR News from Meta, NVIDIA, Luminous, Microsoft

XR TodayBy XR TodayAugust 7, 20240 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Connect is around the corner. While not the biggest event of the year, it generally draws more mainstream attention to XR in spaces than more niche but larger overall events like MWC, AWE, and CES.

With the broader audience that comes with Connect, expect new product announcements from firms looking to join the moment, such as HTC VIVE, which is also readying a new product.

Already, the stage is being set for a busy two months ahead as event season returns.

Meta’s Year-on-Year Revenue Drops

Meta has released its Q2 2024 earnings call, providing essential insights into the company’s operations ahead of Connect 2024. In the earnings call, Meta revealed that its overall revenue reached $39.07 billion, a 22% increase from the previous year.

The company also reported total costs and expenses at $24.22 billion, marking a 7% increase year-over-year, along with Q2 capital expenditures of $8.47 billion. Meta’s Reality Labs division is expected to continue experiencing increasing operating losses due to XR product research and development cycles.

Meta’s Connect 2024 technology showcase, scheduled for September 25 – 26, 2024, will feature its latest digital solutions from its social media and XR umbrella.

NVIDIA and Meta’s CEOs Reveal Bombshell

Meta Connect is approaching, and in this year of significant change for XR, Meta needs to stay focused on a plan to help the company maintain its lead in XR despite increasing competition. While the future is uncertain, Meta seems determined to offer XR headsets, smart glasses, and open XR operating systems.

Recently, SIGGRAPH 2024 began by showcasing the latest innovations in similar emerging technologies, such as smart glasses and AI, through its expo floor and presentations. During the event, NVIDIA CEO Jensen Huang and Meta CEO Mark Zuckerberg spoke in a keynote address about Meta’s future XR hardware ambitions and the direction of the technology alongside AI integration.

Zuckerberg noted that his firm’s use of AI, LLMs, and XR allows Meta to build an open ecosystem when it needs to establish a unique selling point for its XR investments. With hardware giants like Samsung eyeing the growing XR space, these interested companies bring pre-existing device ecosystems that could enhance the potential of new devices from Meta.

Zuckerberg doesn’t believe that XR devices will completely replace the need for other traditional devices, such as smartphones or laptops. In terms of future-leading XR devices, Zuckerberg said, “When we think about the next computing platform, we break it down into mixed reality, the headsets, and the smart glasses.”

Luminous Gains £1 Million

After a successful funding round last year, UK XR training leaders Luminous received approximately £1 million from the North East Venture Fund. The firm is seeking to develop an enterprise Metaverse platform for health and safety upskilling.

Thanks to the European Regional Development Fund’s award, with support from Mercia Ventures, Luminous can now pursue its Metaverse ambitions and explore XR usage in the region and beyond. Moreover, with the funding, Luminous can expand its global reach and marketing potential to new customers, bringing its valuation to around £3.55 million.

Notably, Luminous has experience in providing solutions to the oil and gas sector, and the most recent funding will also allow the firm to expand its reach into new sectors. Chris McCourt of Mercia Ventures noted that Luminous’ systems “enable companies to recreate real-life scenarios and offer more effective training at a lower cost.”

First Look at Microsoft Co-pilot AR Smart Glasses?

According to a report by Windows Latest, Microsoft has recently filed a patent request that offers a potential first look at a pair of augmented reality smart glasses. The USPTO filings “Composite Poes Estimate For Wearable Computing Device” and “Resolution Enhancement in Spatial-Frequency Space” indicate that Microsoft may develop AR smart glasses with Co-Pilot genAI integration.

It’s important to note that patents don’t always confirm a company’s plans for upcoming products or hardware. However, they can provide insight into a company’s interests in specific technology markets, similar to how Apple filed numerous Vision Pro patents years before the product’s official announcement.

The recent Microsoft patents indicate that the company has been working on this potential product since at least 2023, based on the patent filing information. The filings reveal that Microsoft is experimenting with a unique Windows OS for spatial computing, possibly Windows Holographic, which can detect a user’s environment and interactions, similar to Apple’s Vision Pro spatial computing framework.

The patents also demonstrate Microsoft’s use of AI to process spatial information captured by the device’s camera, suggesting integration of CoPilot for Meta Ray-Ban-style virtual assistant services.

While the details are limited, the filings highlight Microsoft’s efforts to make the device accessible, including support for low-light conditions. Aside from some technical details, the filings do not reveal much more about Hololens’s potential success.

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025

The SynergyXR 3.1 Immersive Training Platform: All You Need to Know

February 18, 2025

The Metaverse is Coming Back! – According to Meta

February 7, 2025

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

February 4, 2025

Meta Quest Pro Discontinued! Enterprise-Grade MR Headset is No Longer Available

January 6, 2025

Big XR News from Google, Samsung, Qualcomm, Sony, XREAL, Magic Leap, Lynx, Meta, Microsoft, TeamViewer, Haply

December 13, 2024
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Unicoin Executive Who Put Bounty on Vladimir Putin’s Head Charged With $110M Fraud

May 23, 2025

Analyst Says Full-Blown Altseason Has Started, Outlines Path Forward for Dogecoin, Floki and Pepe

May 23, 2025

JPMorgan, Bank of America, Citi and Wells Fargo Weighing Joint Stablecoin Launch: Wall Street Journal Report

May 23, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.