Oculus

Palmer Luckey’s Defense Startup, Anduril, Raises $1.5 Billion to Produce AI-Powered Weapons

Palmer Luckey’s Defense Startup, Anduril, Raises $1.5 Billion to Produce AI-Powered Weapons

Palmer Luckey has come a long way from hacking together virtual reality headsets in a garage. Today, the Oculus VR founder’s defense tech startup, Anduril, announced that it has raised $1.5 billion in addition to developing a new manufacturing platform to produce “tens of thousands of autonomous weapons” a year.The funding round, led by Founders Fund and Sands Capital, could help the seven-year-old Anduril transition from a flashy defense industry upstart to a more serious US defense contractor.It also reflects a shift in military thinking, as policymakers adapt to the prospect of battlefields ruled not only by tanks and fighter…
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Meta shutters its first-party VR game studio Ready at Dawn

Meta shutters its first-party VR game studio Ready at Dawn

Ready at Dawn Studios, the game studio behind the Echo virtual reality series for the Meta Quest, has been shut down by its parent owner, Meta, effective immediately.Android Central reported Meta’s decision to close Ready at Dawn Studios almost a year and a half after purchasing the game studio. The news comes on the heels of a mid-July report that Meta plans to cut its Reality Labs division’s budget by 20 percent by 2026 when it is reportedly scheduled to release the Meta Quest 4 and Quest 4s, its next VR headsets.Ready at Dawn’s reach in the gaming industry goes all…
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