Augmented and Virtual Reality

The Leion Hey2 pushes smart glasses closer to making seamless multilingual conversations a reality.

Hits like Horizon of Khufu are drawing attention to room-scale VR. Still, it has yet to secure its place as a staple of entertainment culture.

Packed with advanced features, Play For Dream’s headset appears to be a formidable challenger to Apple’s Vision Pro.

Rhizomatiks’ first solo China show pushes boundaries between the real and virtual.

The transfer of a significant number of employees from ByteDance to Pico has stirred internal strife, posing a threat to further derail the company’s progress.

Contrary to a lack of ambition, Pico’s failure is more closely tied to the pursuit of applications that didn’t align with the strengths of VR technology.

Like other Chinese VR businesses, Pico viewed Meta as the benchmark for success. Attempting to emulate the American tech giant, however, contributed to its downfall.

ByteDance invested approximately RMB 20 billion in Pico, but even that substantial amount of funding could not avert the decline of the VR business.