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It has relied on Qualcomm’s chips for its VR devices for years, including for its latest Quest2 headset. Monetary phrases of the deal were not disclosed. The chipsets produced through the collaboration will not be exclusive to Meta, however will be optimized particularly for Quest’s system specs, Meta spokesperson Tyler Yee informed Reuters. CERNOBBIO, Italy (Reuters) – A buyout of Italian infrastructure group Atlantia by the Benetton family and U.S. We encourage you to use feedback to interact with different users, share your perspective and ask questions of authors and one another. The settlement covers only VR devices, Yee stated, and Meta will continue working to develop a few of its personal silicon solutions.

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Engineering and product teams of each corporations will work collectively to provide the chips, powered by Qualcomm’s Snapdragon platforms, they mentioned in an announcement. The settlement reveals the dependency of Meta, generally known as Fb (NASDAQ:META) till final year, on Qualcomm’s know-how even because it tries to develop customized silicon of its own for its digital, augmented and blended reality units. Meta has been investing closely in technologies like pass-by goggles and augmented reality glasses because it tries to deliver to life Zuckerberg’s imaginative and prescient for the metaverse, an idea involving an immersive set of digital worlds. Meta Chief Executive Mark Zuckerberg said in a video message.