HTC launches $100 million virtual reality fund

The burgeoning virtual reality industry is all about creating simulated realities, but for VR startups focused on the HTC Vive, things just got a lot more real

HTC has announced the launch of Vive X, a $100 million fund designed to foster the growth of VR startups around the world

"Virtual reality is changing the world, yet to do that effectively it needs a healthy ecosystem to expand into the mass market," Cher Wang, CEO HTC, said in a statement released on Tuesday. "Through HTC Vive, we look forward to enabling global talent to create interesting and compelling content and to help shape the future of this industry." Read more...