This week in XR (extended reality), there were a few notable developments in the industry. Firstly, Apple has reportedly put their development of see-through AR (augmented reality) glasses on hold. This move comes as a surprise, as many had predicted that Apple would be releasing their AR glasses in the near future.
Secondly, layoffs have hit the Hololens team at Microsoft. This is a significant blow to the AR industry, as the Hololens was seen as one of the most advanced AR headsets on the market. However, Microsoft has stated that they are still committed to the development of AR technology and will continue to invest in the field.
In other news, a fashion start-up that specializes in creating virtual clothing for the metaverse has raised $6 million in funding. This is a clear sign that the metaverse is becoming an increasingly popular area of investment, with many companies looking to take advantage of the potential of this new virtual world.
Overall, it has been a mixed week for the XR industry. While there have been some setbacks, such as the layoffs at Microsoft and the halt in development at Apple, there have also been positive developments, such as the funding raised by the fashion start-up. It is clear that the industry is still in its early stages and there is a lot of potential for growth in the future.
