Artificial Intelligence, Business, News, press releases, VR World

U.K.: AI gaining $837 billion by 2035

Artificial intelligence could add 630 billion pounds ($837 billion) to the U.K. economy by 2035, a government-commissioned report said. Nine months after the government commissioned an independent review into artificial intelligence, the authors have revealed their fundings. The major recommendations? AI and its applications shouldn’t be subject to direct regulation, but an AI council should oversee the industry. The report describes Artificial intelligence like the engine of the digital revolution. It depends for its power on a number of prerequisites: computing power, bandwidth, and large-scale data sets, all of which are elements of ‘big data’, the potential of which will only be realised using artificial

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aerospace, Business, Companies, Entertainment, News, Nvidia, press releases, Space and Science, Virtual Reality (VR), VR World

Nvidia Finally Announced its VR Platform Holodeck

Nvidia announced this week that it has opened early access to Nvidia Holodeck, its intelligent virtual reality platform, for select designers and developers. Nvidia Holodeck brings designers, developers and their customers together from anywhere in the world to discover, build and explore creations in a highly realistic, collaborative and physically simulated VR environment. The platform’s immersive, photoreal experience drives creativity, provides a faster and more accurate understanding of a scene or model, streamlines the review process and reduces the need for physical prototyping. Because of its realistic graphics, accurate real-world physics and multi-user collaboration, Holodeck is already used as a powerful design lab for AI agents

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Augmented Reality (AR), Business, Companies, iOS, News, Operating Systems, press releases, Smartphones, VR World

Overstock updated iOS app for AR

American internet retailer Overstock.com Inc. updated its iOS app on Tuesday to enable shoppers to view thousands of products in augmented reality. The new functionality makes use of ARKit, a new Apple Inc. tool that aims to simplify the process for developers to add augmented reality capabilities to their apps. “Augmented reality is changing the way people shop for furniture and home goods forever,” said Overstock.com President Saum Noursalehi. “Shoppers no longer have to guess how a piece of furniture will fit in their room, or if a pattern will match their existing design style. Instead, they can use their phones to see the exact

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Augmented Reality (AR), Breaking, Business, Companies, , Mobile, News, Oculus, press releases, , Sony, Virtual Reality (VR), VR World, Wearables, Wearables

Zuckerberg Introduced new $199 Oculus Go

Facebooks very own CEO, Mark Zuckerberg introduced a new $199 headset, Oculus Go, and permanently cut the price for the flagship Rift to $399 as he talked up VR’s potential. “At every step along the way, the future is built by people who believe it can be better” he said. In a blog post, the company said the new price for its immersive headset will be available for a “limited time” as part of a summer sale. In January, Oculus co-founder Palmer Luckey said that even at the initial $599 price tag, the Rift headset didn’t offer Oculus a profit. This isn’t the first price drop

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Artificial Intelligence, Auto, Business, Companies, News, Nvidia, press releases, transportation, VR World

Nvidia announced Pegasus – New Platform for Driverless Cars

Silicon Valley graphics chipmaker Nvidia, announced a new, more powerful computing platform for use in autonomous vehicles. The company claims its new system, code named Pegasus, can be used to power Level 5, fully driverless cars without steering wheels, pedals, or mirrors. Deutsche Post DHL Group, the world’s largest mail and logistics company, and ZF [ZFF.UL], a top automotive parts supplier, plan to deploy a fleet of autonomous delivery trucks based on the new chips, starting in 2019, NVIDIA said for Reuters. The third generation of NVIDIA’s Drive PX automotive line is a multi-chip platform the size of car license plates with datacenter-class processing power.

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Augmented Reality (AR), Business, Companies, Entertainment, News, press releases, Virtual Reality (VR), VR World, Wearables

Swarovski and MasterCard Create a New VR Shopping Experience

MasterCard and Swarovski disclosed that two companies joined forces up to create a new virtual reality shopping app for browsing through a virtual home filled with crystal objects designed by the late architect Zaha Hadid, designer Tomás Alonso and many others. According to Cnet.com, the app could mean that VR and augmented-reality shopping will start to grow in the luxury markets. Because these crystal pieces are heavy, pricey and difficult to ship (fragile), VR shopping may be a useful step for potential buyers and help Swarovski achieve more sales. In our earlier coverage, IKEA used features from Apple’s new iOS 11 to create an AR furniture shopping

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Breaking, Business, Hardware, Intel, News, press releases, Virtual Reality (VR)

Intel Abandons Project Alloy VR as it Canceled Its Mobile Processors

Over the past three months, Intel abandoned or canceled a large number of projects which were hailed as the “future of Intel”. By canceling its low-power mobile processors and shifting away from competing with ARM, projects are getting abandoned ‘en masse’. Last in the list of cuts were plans to create a virtual reality headset. According to a report, this semiconductor giant has shut down Project Alloy virtual reality headset initiative, in which third-party companies were to build VR headsets based on Intel’s hardware blueprints. As stated: “Intel has made the decision to wind down its Project Alloy reference design, however we will continue to

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Augmented Reality (AR), Business, Entertainment, News, press releases, startups, Virtual Reality (VR)

Nurulize Launches Creation Engine for Hollywood VR Experiences

While Nurulize isn’t a household name like Crytek, Epic Games, Unity. Atom View and Nu Design aren’t  as recognizable as Cryengine, Unity or Unreal Engine. Yet, this rising software developer believes it created a content creation engine which will improve the way content creators port their creations into conventional and new mediums. At the opening day of Siggraph, Nurulize launched Atom View and Nu Design, tools designed to accelerate the workflow and usage of the same digital assets in off-line post-production and real-time rendering. While it sounds like search for the holy grail of content creation, Hollywood experienced quite the revolution over the past couple

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Augmented Reality (AR), Breaking, Business, Education, Event, News, press releases, startups, Virtual Reality (VR)

VRX 2017 Conference Brings an All Star Cast

VRX 2017, one of world’s premier conferences on the subject of business and technology needed for Virtual Reality, announced the first speakers for a two day event. The conference takes place on December 7th and 8th in San Francisco Marriott Marquis. There’s no doubt that the announcements made on this conference might be the clearest direction where VR/MR/AR are heading as an industry, as it will happen after Microsoft Windows 10 Mixed Reality launches, as well as seeing the first sales results of next generation Oculus Rift headset. The conference is organized by VR Intelligence, London-based firm whose leaders don’t hide that there’s an inflation of

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Breaking, Entertainment, Event, Graphics, News, press releases, VR World

McLaren F1 Team Competition is Looking for the Fastest Gamer

Since the beginning of racing games, virtual racers are trying to be better and faster with each and every stage. I can still remember the first NFS and Midnight Club games, different Grand Prix titles and all the time, it was about competing against my friends. Looking into the typically closed world of Formula One, or F1 for short, we’re quite delighted to see how McLaren F1 Team decided to step up a notch. The racing team partnered with Logitech G (gaming division) and have launched an EGaming competition in order to find the best simulation racing gamer in the world. The winner will be offered a

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Breaking, Business, Enterprise, Event, GPU Technology Conference, Hardware, News, Nvidia, press releases, startups, VR World

SkyScale Announces the World’s Fastest Cloud Computing Service

At the GPU Technology Conference, SkyScale announced the launch of its world-class, ultra-fast multi-GPU hardware platforms in the cloud, available for lease to customers desiring the fastest performance available as a service anywhere on the globe. But for the beggining, who is SkyScale? Just a week ago, One Stop Systems spun off SkyScale as their wholly-owned subsidiary, with the target being to create a world-class environment for their customers. This way, OSS and SkyScale have a production environment with a functional data center on-site, and when they develop the next generation of GPU compute, or flash storage systems, they can compare it with a production

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Audio/Video, Augmented Reality (AR), Breaking, Event, GPU Technology Conference, News, Nvidia, press releases, Software Programs, Virtual Reality (VR), VR World

NVIDIA Announces Bigger, Better Toolkit for VR Developers

GPU Technology Conference 2017 is premier, NVIDIA just announced first set of VR news coming from the conference. Maybe the highlight of today is that the company is releasing VRWorks Audio and 360 Video software development kits. With this move NVIDIA is making VR more immersive, and VR development easier. So lets recap all that came to our knowledge today: VRWorks is a comprehensive suite of APIs, libraries, and engines that enable application and headset developers to create amazing virtual reality experiences. It enables a new level of presence by bringing physically realistic visuals, sound, touch interactions, and simulated environments to virtual reality. Key components of VRWorks are being

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Breaking, Business, Event, News, press releases

CeBIT Pushes a Hard Reset Button, Relaunching June 2018

Ever since Mobile World Congress slotted in between GDC in San Francisco and CeBIT in Hannover, CeBIT as a show started to loose its shine. This was also largely helped by the fact that Hannover is not so easy to get to, sold-out hotel capacity created an AirBnB industry more than a decade before actual AirBnB came to its existence and suger comes in the end – the conference was often marred by German pre-spring weather, leading us to call CeBIT – SnoBIT. With the number of visitors dropping from 700,000 in early years of 21st century to as low as 200,000 in 2016, the conference

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Asia Pacific (APAC), Breaking, Entertainment, Gaming, News, press releases, Smartphones, startups, Virtual Reality (VR)

NSFW: Miss Nanai Moans in English

From the dawn of entertainment, the destiny of standards was often taken in hand by the Adult Entertainment industry. While frowned up in the West, several countries in the Far East have a much more relaxed attitude towards such forms of entertainment. That is probably due to the fact that they’re a highly regulated industry – more so than alcohol and tobacco, for example. Just like VHS, DVD and the online content streaming, adult entertainment is making inroads into Virtual Reality, with one of leading publishers launching their content in English. VRJCC is a Japan based indie group that produced “Let’s Play With Nanai!” claiming to

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Breaking, Entertainment, News, press releases, Virtual Reality (VR)

National Geographic Launches a VR Studio

When National Geographic Society announced it is ‘selling out’ and forming a joint-venture with Rupert Murdoch-owned 21st Century Fox, the clash of mentalities between the two could not be greater: proving the climate change from one side, and denying the climate change from another side. Yet, the development of content on National Geographic hasn’t changed (yet), and new shows planned for 2016-2017 only prove NatGeo content is here to stay. In a recent press release, National Geographic announced new ways to experience the content produced by the company. The first NewFronts slate after the joint venture announcement brings a new approach to content, erasing borders between traditional TV programming and

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Amazon, AMD, Breaking, Cloud Computing, Dell, Enterprise, Intel, News, press releases, Software Programs

SPEC Benchmark Puts Cloud Computing to a Test

Many Cloud providers claim their service is the best for your cloud computing needs. IaaS (Infrastructure as a Service) is a hotbed of computing for the better part of last decade, and we’re seeing the revenue and profit numbers delivered by Amazon, Google, Microsoft and others. The rise of IaaS is also one of key reasons why Dell went on a bend in order to acquire EMC, and many others. Measuring the performance of infrastructure is a critical task, and this is where SPEC, an industry consortium comes along. Standard Performance Evaluation Corporation i.e. SPEC creates benchmarks based on real-world workloads, from professional / commercial graphics in

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AMD, Breaking, Business, Hardware, News, press releases

AMD is Finally Fabless, Dead Certain to Secure a Profit in Q2 2016

When Advanced Micro Devices (AMD) announced its first quarter 2016 results, the company executives stated that they’re on track towards return to profitability in the second quarter of this year. In Q1 2016, the company suffered a $109 million loss on $832 million revenue, during a silent quarter stifled with the lack of orders (post-holiday blues in the West meets Lunar New Year two-week slowdown). The announcement of the Chinese Joint-Venture which might lead to AMD enterprise x86 processors becoming a standard feature in Chinese government institutions is going to earn company much more than the $293 million licensing fee, as AMD now has access to a plethora of R&D grants

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Breaking, Business, Entertainment, Gaming, News, press releases, Virtual Reality (VR), VR World

CryTek’s VR First Initiative Forms a Partnership with IEEE

Crytek’s VR First initiative officially launched during the 2016 Game Developers Conference, and this non-profit academic movement is starting to gather steam. After forming the partnerships with initial companies, VR First initiative is expanding with industrial associations such as the Institute of Electrical and Electronics Engineers (IEEE). “Providing laboratories at Universities and Colleges where students can learn and create using state-of-the-art VR tools will be important to prepare the next generation of innovators who will make these technologies a part of our daily lives.” said Tom Coughlin, Director of the IEEE Region 6 and Chair of the IEEE Consumer Electronics Society Future Directions Committee. Earlier this year, Frankfurt

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Memory & Storage Space, News, press releases, Samsung

Samsung First to 10nm, Launches New DDR4 Memory

Samsung Electronics, world’s largest semiconductor manufacturer (according to SIA) just won the race to 10 nanometer (10nm-class) process by launching DDR4 SDRAM memory chips which utilize the new process node. However, this ’10nm-class’ is not exactly precise 10nm, as the distance between the cells / transistors can vary between 10-19nm. If you’re in the semiconductor industry, this will not be surprising as Intel’s famous 22nm process was considered 26-28nm process. The new DDR4 memory chips come in 8Gbit (1GB) capacity, supporting the frequency of up to 3.2 GHz (1.6 GHz in DDR mode). At the same time, power consumption is reduced by 10% when compared to

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Breaking, Game Developer Conference (GDC), Gaming, Graphics, Hardware, News, Nvidia, press releases, Virtual Reality (VR), VR World

10 Ways NVIDIA is Making VR a Reality

We received a news release from NVIDIA which explains the company efforts on driving the Virtual Reality. On Game Developers Conference, NVIDIA unleased VRWorks – its Software Development Kit (SDK) for developing VR experiences on GeForce and Tegra hardware. In a way, the battle will heat up between different software development packages, especially between AMD’s LiquidVR, a continuation of Mantle API development, and NVIDIA’s GameWorks / VRWorks. VRWorks is a successor to GameWorks VR, which the company debuted last year – and presents a shift in thinking from gaming titles only into wholesome experiences (VR gaming, VR education, VR experiences, VR videos). We are providing you with

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