Daily Crunch: John Carmack steps down at Oculus

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. John Carmack steps down at Oculus to pursue AI passion project ‘before I get too old’ Legendary coder John Carmack is […]

John Carmack steps down at Oculus to pursue AI passion project ‘before I get too old’

Legendary coder John Carmack is leaving Facebook’s Oculus after six years to focus on a personal project — no less than the creation of Artificial General Intelligence, or “Strong AI.” He’ll remain attached to the company in a “Consulting CTO” position, but will be spending all his time working on, perhaps, the AI that finally […]

BMW’s magical gesture control finally makes sense as touchscreens take over cars

BMW has been equipping its cars with in-air gesture control for several years and I never paid attention to it. It seemed redundant. Why wave your hand in the air when there’s dials, buttons, and touchscreens to do the same? Until this week, that is, when took delivery of a BMW 850i loaner equipped with […]

VR/AR startup valuations reach $45 billion (on paper)

Despite early-stage virtual reality market and augmented reality market valuations softening in a transitional period, total global AR/VR startup valuations are now at $45 billion globally — include non-pure play AR/VR startups discussed below, and that amount exceeds $67 billion. More than $8 billion has been returned to investors through M&A already, with the remaining […]

HTC’s new CEO discusses the phonemaker’s future

Ahead of a Disrupt appearance, Yves Maitre talks mobile, VR and blockchain Brian Heater @bheater / 1 day On September 17, HTC announced that cofounder Cher Wang would be stepping down as CEO. In her place, Yves Maitre stepped into the role of Chief Executive, after more than a decade at French telecom giant, Orange. […]

Amid AR/VR experiments, Apple buys UK visual effects studio

Apple has reportedly acquired U.K. special effects studio IKinema, a startup that may be useful in Apple’s quest to bolster its mobile devices with AR special effects and in its more far-flung attempts to enter the AR/VR headset market. The company issued its standard confirmation for the deal to TechCrunch “Apple buys smaller companies from […]

Daily Crunch: Facebook faces VR challenges

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Not all is predictable on Facebook’s social Horizon Last week, Facebook unveiled Horizon, a massively multiplayer VR world that’s scheduled to […]

Not all is predictable on Facebook’s social Horizon

Most of the people I spoke with at Facebook’s Oculus Connect see the proliferation of virtual reality as a foregone conclusion, one that’s just a matter of timing at this point. For Facebook, the conference’s “The Time is Now” catchphrase showcased that they feel their hardware is ready for everyone. But despite the success they […]

Facebook is building a ‘new social layer’ for Oculus headsets

Facebook spent a large amount of time at its Oculus Connect 6 keynote detailing the new links between its VR headset and the company’s core Facebook app. “Starting late this year, we will begin to roll out a completely new social layer across the Oculus platform powered by Facebook,” Oculus exec Meaghan Fitzgerald said onstage. […]

Facebook announces Horizon, a VR massive-multiplayer world

Facebook today announced it’s building its own Ready Player One Oasis. Facebook Horizon is a virtual reality sandbox universe where you can build your own environments and games, play and socialize with friends or just explore the user-generated landscapes. This is Facebook’s take on Second Life. Launching in early 2020 in closed beta, Facebook Horizon […]