Facebook eyes on investing another $250 million to develop new content for its virtual reality applications, Mark Zuckerberg, Facebook's founder announced at its Occulus Connect 3 Developer conference in San Jose last Thursday.
The company already invested $250 million in developing contents for Virtual Reality saying that his main goal is to quickly spread his vision of connecting everyone through virtual experiences.
"We should all build software and experiences that follow the way our minds work and the way we process the world," he said.
Stand-alone Virtual Reality Headseat
Zuckerberg revealed a new prototype for a wireless version of its Oculus Rift Headset, The Guardian reported. The stand-alone device need not to be connected to a PC or a Smartphone. The device would be a significant third type of VR device between the more powerful wired PC options.
As per publication, the Oculus prototype uses a camera so that the software can determine the position of the user. Zuckerberg said the technology is still under development, but claimed that it can already track users down to within a single millimeter. While in the program, Zuckerberg used Oculus's Touch handset to control a virtual selfie stick, and took a picture of himself and his wife Priscilla Chan. He then shared the virtual image on his Facebook page with a single hand movement.
Oculus VR Hits 1 million users
Zuckerberg's company, Facebook, now has over a billion active monthly users. The CEO noted that Oculus's system currently has more than a little less with one million active users. Towards the end of his 10-minute talk, Zuckerberg mentioned there will be a dedicated section in the Oculus store for educational content and that developers in contact with Facebook and Oculus will have access to a $10 million fund specifically for educational content.
Facebook is one of the many major tech companies gearing on to virtual reality. The company entered into the virtual reality business through its $1 billion acquisition of Oculus, which under Facebook launched its Rift VR headset earlier this year, CNET reported.
