Vuforia is PTC’s AR suite for turning product data into work instructions, inspections and remote assistance. Schneider Electric already owns AVEVA, whose software covers industrial engineering and op...
Magic Leap is pursuing larger wafers and simpler optical designs to cut the cost of waveguides for AI display glasses, as it works to supply companies building consumer eyewear. The company’s target o...
AMD has agreed to buy Fei-Fei Li’s World Labs for $8.2bn, bringing research into AI-generated 3D worlds closer to its processor business. The acquisition could strengthen competition with NVIDIA in th...
A lighter mixed-reality headset and camera-free glasses feature in the reports ahead of next week’s event, whilst leaked images of the mysterious ‘Project Phoenix’ have got the industry ta...
A new report dentifies enterprise VR demand as a relative bright spot in a shrinking market. Busy fleets and robot-training projects could support more software and services spending without producing...
New COO Scott Carden will oversee Magic Leap’s operating plan and waveguide production while the company searches for a new CEO. His promotion follows its move away from first-party devices and 269 pl...
GoPro and Starman Optical have named defense, robotics and aerospace as growth markets. GoPro’s compact cameras could provide the operator view and first-person demonstrations used in VR teleoperation...
An unnamed customer has told ENGAGE XR it won’t take any further licenses, leading the company to pursue a court-approved liquidation. Trading in the spatial computing company’s shares has been ...
California records have confirmed 147 permanent Apple layoffs across Cupertino and Sunnyvale, including software engineers working on AR and VR. The XR Beat and Bloomberg reported more than 200 job cu...
Japanese multinational TDK AIsight acquired what it describes as all OQmented assets in May 2026 and hired the company’s team. TDK has told The XR Beat that it acquired all OQmented assets and hired i...
PICO has moved the Chinese launch of Space Pro (codenamed ‘Project Swan’) from 2 September to Q4 after deciding on a major software upgrade during final testing. It has not named the featu...
Around 100 roles tied to Vision Pro are being cut as Apple reduces gaming and first-party immersive production with around 200 layoffs. Apple still sells Vision Pro for design, training, healthcare an...
The proposed acquisition would almost double Virtualware’s projected EBITDA and make the UK its largest market. Its deeper promise is a friction-free XR deployment process from machine simulation and ...
Vuzix has opened a new at-the-market share-sale programme with capacity for up to $100 million after using $12.2 million in operating cash during the first half of 2026. The company also says it deliv...
The label now covers camera assistants, display eyewear, audio wearables and industrial systems with different jobs and risks. Privacy pressure could force the industry to name them properly....
A recent WARN filing shows 76 permanent layoffs at Magic Leap’s Sunnyvale site, adding to the 193 planned cuts at its Florida headquarters Magic Leap is planning to cut another 76 jobs at its Sunnyval...
Siemens and HD Hyundai have committed to a “low triple-digit million USD” deal for a digital shipyard programme built around Siemens Xcelerator, digital twins and industrial AI. The compan...
Snap is assembling its own Fantastic Four for Specs, with four senior industry leads covering healthcare, higher education, manufacturing and retail. They’re also recruiting two sidekicks to han...
Magic Leap is preparing to cut approximately 193 roles at its Florida headquarters as the company restructures around waveguide manufacturing, device integration and partner-led AI glasses development...
ByteDance has reportedly abandoned its original Doubao AI glasses design and moved ahead with two second-generation devices, as competition around camera-equipped AI glasses intensifies in China. Imag...
