🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

Meta partners with James Cameron's tech venture to boost mixed reality content

Published 12/05/2024, 01:33 PM
Updated 12/05/2024, 01:56 PM
© Reuters. FILE PHOTO: A child tries on a Meta Quest headset at the John Lewis retail store on Oxford Street in London, Britain, October 24, 2024. REUTERS/Hollie Adams/File Photo
META
-

(Reuters) - Meta Platforms (NASDAQ:META) said on Thursday it has partnered with film director James Cameron's technology venture Lightstorm Vision to enhance the creation of 3D entertainment, including live sports, concerts and TV series, for the Meta Quest.

The Quest headset will be Lightstorm Vision's exclusive mixed reality hardware platform, the Facebook-parent said.

The partnership underscores Meta's commitment to its mixed-reality division after investing billions into augmented reality and other metaverse technologies.

© Reuters. FILE PHOTO: A child tries on a Meta Quest headset at the John Lewis retail store on Oxford Street in London, Britain, October 24, 2024. REUTERS/Hollie Adams/File Photo

In September, Meta unveiled a more affordable version of its Quest headset.

The company also said it will work with Lightstorm to lower the production costs associated with making 3D content.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.