The future of PlayStation VR 2 and beyond.
According to recent reports, Sony Interactive Entertainment is investing in technology MonoAI, owner of the CloudXR platform. In this regard, the PS5 manufacturer has used 750 million yen (about 6.5 million dollars) from the Sony Innovation Fund. This could be an investment that buyers of the upcoming PlayStation VR2 virtual reality headset will also benefit from.
Commenting on the investment, Moto Tsuchikawa, Chief Investment Manager of Sony Innovation Fund, said: “MonoAI technology is a startup that continues to grow by providing value in the Metaverso and XR spaces. We would like to consider doing business with the Sony group and supporting the company’s challenges“.
In addition to Sony, industry representatives such as SEGA, Koei Tecmo Games, Cygames and NTT Communications Corporation are involved. According to its own statement, MonoAI tackled the possibilities of virtual space in the beginning and developed the “CloudXR” virtual space platform with its own technology.
MonoAI raised funds for further R&D and business strengthening to lead the market by strengthening CloudXR to be developed in the expanding space of the Metaverse. The CloudXR metaverse is described as an ambitious project. It is a “virtual platform that can be used for business” that offers a variety of connections. As a result, it is not only limited to virtual reality, but also supports smartphones and PCs.
Source: PSU
#PlayStation #Metaverse #Sony #invests #MonoAI #cloud #technology