Big XR News from Xiaomi, NVIDIA, Epic Games, XRAI Glass, and the WEF

Other innovations made headway in the global extended reality (XR) market last week, all of which demonstrated new use cases for emerging technologies and their influence on users’ lives.

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Chinese tech giant Xiaomi has been granted permission to patent magnetic AR smart glasses with modular mounting parts to improve portability and customization, Pandaily reported last week.

The development comes after the Beijing-based company created an experimental version of its smart glasses technology last fall, which featured microLED waveguides, a weight of 51g and numerous functions for calling, viewing photos , navigate in real time and many more.

Epic Games and NVIDIA have begun rolling out their photogrammetry tools using their Realtime Scan and NeRF 3D real-time (RT3D) platforms, XR Today reported last week.

Both technologies are expected to have a significant impact on the global market as competitors in the race to develop RT3D assets capable of optimal realism, customization and streamlined workflows.

XRAI Glass, a startup enabling deaf users to convert audio into AR-based text transcriptions, has launched its breakthrough solution on Nreal’s world-class smart glasses.

Company Founder and CEO Dan Scarfe told XR Today in an interview that his 97-year-old grandfather inspired the solution, allowing him to communicate effectively with family and friends.

Advisors to the World Economic Forum (WEF) have released a report on XR technologies and their role in reshaping the future of work, it was revealed last week.

Representatives explored how technologies such as cryptocurrencies, non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs) and others have positively affected global markets and labor as part of the rise of the metaverse.

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