MIT launches Play Labs to help AR, VR, and AI startups get off the ground

Bayview Labs, Seraph Group, and MIT Game Lab are creating Play Labs to accelerate startups in augmented reality, virtual reality, and artificial intelligence. The accelerator is targeted at students and alumni of the Massachusetts Institute of Technology. The accelerator will offer funding, facilities, and mentorship resources for selected startups. Applications open now for the official...

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South Korea’s YJM Games invests in The VR Fund

YJM Games, a South Korean mobile game developer, has invested in the Venture Reality Fund (The VR Fund), a $50 million fund dedicated to investing in early-stage virtual reality, augmented reality, and mixed reality startups. The deal shows that there’s still worldwide interest in investing in augmented reality and virtual reality, which are expected to...

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