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U.S. Army Chooses Microsoft’s HoloLens For $480 Million Contract

The United States Army awarded a $480 million contract to Microsoft that will equip military personnel with prototype versions of HoloLens intended to increase “lethality, mobility, and situational awareness.” HoloLens is an all-in-one augmented reality headset from Microsoft which first shipped in 2016 for $3,000. Its robust tracking system constantly maps the world while overlaying...

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Augmented Reality Startup Phiar Paves Path to $3 Million in Seed Funding for AI-Powered Navigation Solution

Another contestant has emerged in the race to deliver a mainstream augmented reality car navigation system, with Silicon Valley-based Phiar picking up $3 million in seed funding to launch its own artificial intelligence-based mobile app by mid-2019. The Venture Reality (VR) Fund and Norwest Venture Partners led the seed funding round, with Anorak Ventures, Mayfield...

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