Sensor Tower estimates that Roblox player spending passes $1.5bn on mobile (GamesIndustry.biz)
Survey Results
Nearly a third of all [manufacturing] companies polled (29%) said they are realizing more than a 25% increase in productivity efficiency. Additionally, more than half (61%) said they are realizing as much as a 20% savings in costs as a result of leveraging AR/VR technologies according to a survey by Grid Raster. (Design News)
Reported
Snap Says 170 Million Use Its Augmented Reality Tools Daily (Bloomberg)
Research by Apartments.com and Redfin respectively, reveal listings with AR technology walkthroughs see 49% more leads and sell on average 10 days faster and close $50,100 higher than comparable homes in the same market. (CMSWire)
Consumers spent nine minutes on average using ModiFace to test out hair colour or foundation tones on themselves, up from two minutes before the crisis according to L’Oreal. (Financial Times)
Featured Video: Location Anchors make their debut in ARKit 4
Source: Twitter — _bschmidtchen
Money
Funds & Grants
Apple commits $100M to its new Racial Equity and Justice Initiative (TechCrunch)
Kaleidoscope launches Black Realities and Activist Lens grants (Kaleidoscope)
HTC’s Vive X incubator backs 7 new startups, focuses on enterprise XR (VentureBeat)
Hardware
Seattle startup Proprio raises $23M to build high-tech surgical navigation system (GeekWire)
Lululemon buys at-home exercise startup Mirror for $500 million (CBS News)
Platforms & Tools
Mapillary has joined Facebook on the quest to improve maps everywhere and for everyone (Mapillary)
Admix raises $7M to bring more ads to games, VR and AR (TechCrunch)
Virtual Concert Platform ‘Wave’ Secures $30M in Series B Funding (Road to VR)
Fortnite Maker Epic Games Nears Funding at $17 Billion Value (Bloomberg)
3D Visualization software startups PreVu3D raises $2.5M Seed Round (BetaKit)
Applications & Solutions
Lockheed Martin invests in Red 6, developer of augmented reality flight training, dogfighting (FlightGlobal)
Apprentice raises $7.5 million to expedite lab work with AI and AR (VentureBeat)
Mobile enterprise collaboration startup Librestream raises $24M (SiliconAngle)
Featured Tweets: Machine learning magic using the new SnapML
Source: Twitter — 2020cv_inc
Source: Twitter — pedrocruzio
News
Hardware
Launch Announcements
Intel RealSense D455 doubles depth camera accuracy (SlashGear)
Panasonic Enables Immersive Experiences for Live Entertainment and Events with Suite of Projector, Professional Display and Professional Video Solutions (Digital Signage Connection)
Apple is bringing spatial audio to AirPods Pro (TechCrunch)
Updates
HoloLens 2 now on sale for everyone at the Microsoft Store (Windows Central)
Adobe Aero augmented reality creation tool goes multisensory with spatial audio (Cult of Mac)
Snap lets you play as your Bitmoji in third-party games (TechCrunch)
Fifteen companies including Amazon, Boots, and AS Watson have added L’Oréal’s virtual try-on technology called ModiFace to their websites and apps. (Financial Times)
Rumors, Patents & Relevant Research
Researchers demo VR finger tracking that recognizes air-drawn passcodes (VentureBeat)
Reconstructing 3D human figures in unprecedented level of detail and quality from a single image (Facebook)
Disney Research neural face-swapping technique can provide photorealistic, high-resolution video (TechCrunch)
Featured Creator: XR activist Nancy Baker Cahill uses AR as a powerful public art medium