Skip to main content

Los Angeles’ AmazeVR raises more cash, heads to Incheon for first location based VR installation

Amaze VR, the Los Angeles-based virtual reality entertainment distribution service, is taking its first steps into the world of location-based virtual reality experiences with an installation in Seoul’s Incheon International Airport.

The company, which also scored an additional $2.5 million commitment to expand its total funding to around $9 million made the announcement last week.

The company, which launched last May with backing from the Korean hardware manufacturer LG, has added Partners Investment and YG Investment, the financing arm of YG Entertainment, which manages a stable of Korean pop artists and owns a record label, talent agency, production company and events management and concert production company.

Founded by a cadre of seasoned Korean technology executives, AmazeVR soft opened an 11,000 square foot entertainment hub in Incheon’s airtrain station on the way to Terminal 1. It’s a mix of meditation areas and relaxation-focused VR videos, the company said.

There’s also a performance stage to display immersive performances from popular musicians (hence the YG investment) and an indoor playground for kids and the kids-at-heart.

“As leaders in the online VR consumer market, one of our key objectives is to broaden our distribution and expand capabilities towards immersive experiences offline as well,” said Steve Lee, AmazeVR’s chief executive, in a statement. “Through this location-based hub at Incheon International Airport, we can expose an untapped market not just to the great content that AmazeVR produces, but also to the wonders of VR in general. Our investors recognize this and have deep connections within the music and entertainment industries, which will help us develop unique VR experiences with even more incredible content that will extend VR adoption globally.”

The company has inked partnerships with two of the last remaining immersive entertainment studios, Atlas V and Felix & Paul Studios.

“Our mission, is that we believe in the consumer market,” says Earnest Lee, AmazeVR’s chief content officer. “We have seen the VR market is still fairly nascent and we’re moving forward with location based entertainment. This is a start to get into the location-based industry.”



from TechCrunch https://ift.tt/2O38mql
via IFTTT

Comments

Popular posts from this blog

The Silent Revolution of On-Device AI: Why the Cloud Is No Longer King

Introduction For years, artificial intelligence has meant one thing: the cloud. Whether you’re asking ChatGPT a question, editing a photo with AI tools, or getting recommendations on Netflix — those decisions happen on distant servers, not your device. But that’s changing. Thanks to major advances in silicon, model compression, and memory architecture, AI is quietly migrating from giant data centres to the palm of your hand. Your phone, your laptop, your smartwatch — all are becoming AI engines in their own right. It’s a shift that redefines not just how AI works, but who controls it, how private it is, and what it can do for you. This article explores the rise of on-device AI — how it works, why it matters, and why the cloud’s days as the centre of the AI universe might be numbered. What Is On-Device AI? On-device AI refers to machine learning models that run locally on your smartphone, tablet, laptop, or edge device — without needing constant access to the cloud. In practi...

Apple’s AI Push: Everything We Know About Apple Intelligence So Far

Apple’s WWDC 2025 confirmed what many suspected: Apple is finally making a serious leap into artificial intelligence. Dubbed “Apple Intelligence,” the suite of AI-powered tools, enhancements, and integrations marks the company’s biggest software evolution in a decade. But unlike competitors racing to plug AI into everything, Apple is taking a slower, more deliberate approach — one rooted in privacy, on-device processing, and ecosystem synergy. If you’re wondering what Apple Intelligence actually is, how it works, and what it means for your iPhone, iPad, or Mac, you’re in the right place. This article breaks it all down.   What Is Apple Intelligence? Let’s get the terminology clear first. Apple Intelligence isn’t a product — it’s a platform. It’s not just a chatbot. It’s a system-wide integration of generative AI, machine learning, and personal context awareness, embedded across Apple’s OS platforms. Think of it as a foundational AI layer stitched into iOS 18, iPadOS 18, and m...

Max Q: Psyche(d)

In this issue: SpaceX launches NASA asteroid mission, news from Relativity Space and more. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/h6Kjrde via IFTTT