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This Week In XR: CharacterAI In The Money, Tencent To Launch Quest VR In China

Nov 17, 2023 - forbes.com
This article discusses the latest developments in the tech industry, with a focus on AI, VR, and AR. Character.AI, a conversational AI startup, is seeking additional funding after raising $150 million from Andressen Horowitz. Meta is planning to re-enter the Chinese market with a lower-cost Quest, and has reduced the price of Quest 2 to $250. Atlas, an AI platform for generating custom assets for video games and virtual ecosystems, has raised $6 million. Image Gen Archive Civit AI raised $5.1 million from Andressen, and CreateSafe, the company behind Grimes AI, announced $4.6 million in funding.

In other news, AltSpaceVR is being integrated into Microsoft Office, and Humane's new AI Pin has been criticized for its lack of features. Ocutrx has announced a new AR headset for the vision impaired, and Victory XR has been named a semi-finalist for the Yass Prize. Film director Dave Clark created a cinematic AI trailer in two hours, and animator Jon Draper launched a comprehensive cinematic AI website. XR tech blogger Tom Friske trained a tech news GPT, and the article concludes with a list of recommended readings.

Key takeaways:

  • Character AI, a conversational AI startup, is seeking additional funding to expand its computing capabilities. The company enables users to chat with virtual versions of popular celebrities or create their own.
  • Meta is planning to re-enter the Chinese market with a lower-cost Quest that will replace the Quest 2 in the US. The company was previously booted out of China 14 years ago for criticizing government controls.
  • Atlas, a Vienna-based company, has raised $6M to launch a 3D generative AI platform. The company's suite of AI products helps generate custom assets for video games, virtual ecosystems, and XR experiences.
  • CreateSafe, the company behind the AI tool used by Grimes to clone her voice and musical style, has announced a funding of $4.6M. The platform, TRINITI, offers tools for voice transformation and cloning, clone and license voice recordings, text-to-audio samples, industry chat, plus distribution and management tools.
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