Reality Labs Burns $19 Billion in 2025 as Meta Signals No Slowdown in Losses
What’s the story? Meta’s 2025 financial results show Reality Labs operating losses widened to USD $19.19 billion, even as the division recorded a slight full-year revenue increase to USD $2.21 … continue reading
Snap Forms Specs Inc. Subsidiary Ahead of Public Launch of Specs Smartglasses
What’s the story? Snap Inc. has established Specs Inc. as a wholly-owned subsidiary to focus on the development and upcoming public launch of its Specs augmented reality smartglasses. Why it … continue reading
Virtuix Announces Nasdaq Listing and New $11M Investment
What’s the story? VR company Virtuix has completed its Nasdaq debut and secured a USD $11M investment to fuel growth for its Omni treadmill systems across multiple sectors. Why it … continue reading
Spatial Computing Startup Nucleus4D Raises $1.5M to Digitize the Built World Using 3D Gaussian Splatting
What’s the story? Nucleus4D has closed a USD $1.5M pre-seed round to scale its spatial computing platform and 3D Gaussian splatting technology for digitizing physical spaces. Why it matters The … continue reading
Appotronics Unveils Laser+LCoS Optical Engine Prototype for AR Glasses
What’s the story? Appotronics has introduced a new Laser+LCoS optical engine for augmented reality, utilizing a laser light source to achieve extreme miniaturization for all-day wearable AR devices. Why it … continue reading