New York City is diving into VR in a big way with the launch of a virtual/alternate reality hub at NYU's Tandon School of Engineering. It'll serve to nurture companies and projects relying on the new technologies, with the hopes of cementing NYC as a place where AR/VR can thrive. The hub will be backed by $6 million in funding from the Mayor's Office of Media and Entertainment, as well as NYC's Economic Development Corporation. The city also claims that the NYU lab will also be the first publicly funded VR/AR hub in the country.
Source: NYU
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