Each week we highlight 3 top stories from local and global VR/AR/MR news to help you stay on top of the trends.
Byju's acquires AR educational startup Osmo for $120M, These augmented reality apps integrate offline activities to help children between 5 and 12 learn, and according to Sharma, have been incorporated into around 20,000 schools in the United States.
Mystery company buys Meta's augmented reality tech, Meta fell on hard times in September after a promised $20 million investment from a Chinese company fell through over trade tensions between the US and China. The company has promised that its current products, mainly its latest Meta 2 AR headset, will continue to be supported.
Microsoft opens AI and VR incubator in China, Despite its struggles in some countries, virtual reality has steadily grown in popularity throughout China over the last few years, so Microsoft — better known for its augmented reality headset HoloLens than its VR initiatives — is getting in on the action. As reported by China’s Xinhua news agency, the company today launched the Nanchang City AI+VR Innovation Center, a cloud and mobile technology incubator geared towards startups and established manufacturing companies.