The Internet Initiatives Development Fund (IIDF) has invested 120 million rubles in the startup Antilatency, which develops solutions for virtual and augmented reality devices.

Oculus will close the Story Studio, which created the short VR films Lost, Henry and Dear Angelica.

The RSA film company announced the creation of a VR division that will create VR and AR content.

Downloads of VR games and apps from the App Store and Google Play in 2016 reached 226 million, which is 276% more than in 2015.

Virtual reality round table held at White Nights Prague 2017.

The CEO of the studio that developed Pokémon GO considers VR games to be a threat to modern society.

According to the report of the Institute of Modern Media, in 2016, the virtual reality market in Russia amounted to 1.2 billion rubles.

The Japanese mobile publisher gumi inc, in partnership with the Norwegian film studio Nordisk Film, has created a business incubator with a budget of € 100 thousand to support novice VR developers.

John Carmack presented a software solution that allows you to increase the resolution in the Oculus Home content management shell for the Gear VR platform.

Oculus is ready to spend over half a billion dollars to support developers of VR applications.

“By adding virtual reality support to Resident Evil 7, we were practically making two games at the same time,” admitted Kazuhiro Takahara, the lead VR engineer of the Resident Evil 7: Biohazard project.

Oculus has lowered the price of the Rift virtual reality helmet and Touch controllers.

In 2016, the number of Russian virtual and augmented reality companies increased from 60 to 183. The number of investments in this industry has increased from 200 to 500 million rubles.

The Icelandic company CCP reported a 30% increase in revenue in 2016 — from $65.7 million to $86.1 million.

Analysts predict explosive revenue growth of virtual reality projects in the near future.

Sony has sold 915 thousand Playstation VR kits since the start of sales in October last year and has come close to fulfilling its own plan of 1 million devices sold within six months.

A new VR game development studio has appeared. It is called Experiment 7. It is going to specialize in projects simulating the experience of playing board projects. Founded by Zynga and EEDAR veterans.

In 2016, about 40 VR and AR projects were launched in Russia. Most of them received investments in the amount of $ 15 thousand to $ 30 thousand.

The new virtual reality from Google is very close. The Internet giant shared the price and the date of the Daydream View, its new virtual reality glasses, on sale.