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Hexa raises $20.5M to turn images into 3D objects for VR, AR and more

TechCrunch

CEO and co-founder Yehiel Atias said that the cash will be put toward product development and expanded customer acquisition efforts well into 2023. But HTC’s focus has increasingly shifted over the years from mobile to VR, and it evidently sees Hexa as aligned with its current — and perhaps even future — lines of business.

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How is Digital Technology Transforming the Accessibility of Mental Health Services and Therapy?

OTS Solutions

With the emergence of AI, ML, DevOps, AR VR cloud computing, the Internet of Things (IoT), data analytics, digital transformation, application modernization, and other digital technologies, IT practice in mental health therapy is undergoing significant changes. billion AI and ML 2032 $22,384.27 million IoT 2028 $293.10

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

ManageXR built an enterprise device management platform designed for VR and AR devices to serve as the core infrastructure for organizations. Device management solutions have been around for years, but until recently, there hasn’t been a viable option for VR and AR devices.

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South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

TechCrunch

Augmented reality (AR) can help customers shopping online preview products before making a purchase, and is a growing area of investment for e-commerce businesses. According to a recent survey of 16,000 Snapchat users in 16 markets, 92% of Gen Zers want to use AR and VR for online shopping. Image Credits: RECON Labs.

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What Is Apple’s Vision Pro Really For?

Harvard Business Review

To understand the value of Apple’s new goggles, it’s helpful to think about how virtual reality (VR) and augmented reality (AR) correspond to two fundamental tasks in decision making. VR presents new information; AR distills information from an existing environment.

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5 hot IT budget investments — and 2 going cold

CIO

Here is a look at five hot technology investments CIOs and other IT leaders are making in 2023 and two that have grown cold. For example, New York-Presbyterian Hospital, which has a network of hospitals and about 2,600 beds, is deploying over 150 AI and VR/AR projects this year across all clinical specialties.

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LG announces the first 50 participants in its LG Nova program

TechCrunch

XRHealth Virtual Clinic – Integrates VR/AR, licensed clinicians and real-time data analytics. BrandXR – No-code AR platform and award-winning XR creative studio. ByondXR – Provides retail 3D virtual experiences that are fast, scalable and in line with the latest metaverse technologies. The Metaverse.

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