May 3, 2022
1 min read

Meta working on new VR and MR headsets

Project Cambria may cost around $799 — more than the $299/$399 price for Quest VR headsets…reports Asian Lite News

Meta (formerly Facebook) is working on four new virtual reality (VR) and mixed reality (MR) headsets that the company will release by 2024.

According to The Information, the aggressive timeline reflects Meta Founder and CEO Mark Zuckerberg’s desire to advance his metaverse dream by getting more people to use VR devices.

“Meta is planning to release Project Cambria, a high-end VR and mixed-reality headset it is billing as a device for the future of work, around September, according to a person familiar with the matter,” the report said late on Monday.

A second version of Cambria, code-named Funston, is likely to be launched in 2024.

Project Cambria may cost around $799 — more than the $299/$399 price for Quest VR headsets.

The Cambria VR headset may have high-resolution image quality so that you can write and type emails within the VR environment.

Betting big on metaverse, Zuckerberg last week took a deep dive into his next investment priorities that will drive the growth for the company.

Zuckerberg said that the center-piece of the strategy is the social platform that they are starting to build with Horizon.

“We plan to launch a web version of Horizon later this year that will make it easy for people to step into metaverse experiences from a lot more platforms, even without needing a headset,” he emphasised during the company’s earnings call.

The Horizon Worlds social metaverse platform is currently available only on the company’s Quest VR headsets.

He said that the company’s other focus for Horizon is building out the metaverse economy and helping creators make a living working in the metaverse.

On the hardware side, Meta Quest 2 continues to be the leading virtual reality headset.

ALSO READ-Crypto Browser is now available on iPhones and iPads

Previous Story

Hijab row not over yet in India

Next Story

Stalin to send rice, medicines to Lanka

Latest from Business

‘India’s Digital Hub Ascends’

The event also featured discussions on the Quad Partnership for Cable Connectivity and Resilience, reiterating commitments made during the July 1 Quad Foreign Ministers’ Meeting India’s growing role as a key digital

India’s Job Market Surges

With hiring levels on the rise, compensation is expected to increase by 12-15% in metro cities and by 18-22% in emerging cities India’s festive season this year is poised to create more

India Inc Eyes Upswing

Private equity (PE) remained comparatively stable in Q2, clocking 357 deals worth $7.4 billion — the second-highest volume since Q4 2022. However, deal values dipped on a quarter-on-quarter basis due to the

Apple Appoints Sabih Khan as New COO

Khan will take over from Jeff Williams, who is stepping down from the role this month and will retire later this year…reports Asian Lite News Apple has announced that Sabih Khan, an
Go toTop

Don't Miss

Meta reports 11% revenue growth in Q2 2023

Headcount was 71,469 as of June 30, a decrease of

Meta posts first-ever revenue drop

Outgoing COO Sheryl Sandberg blamed the revenue loss on the