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Meta Platforms META is benefiting from its continued push to broaden its virtual reality (VR) portfolio and strengthen the ecosystem around Reality Labs. In the second quarter of 2026, Reality Labs revenues increased 16% year over year to $431 million, driven by Meta Platforms’ continued spending on augmented and virtual reality products. The expanding wearable…

Valve rolled out SteamVR 2.17 on September 10, introducing several new features including a quick access menu, Steam achievements in VR, and improved streaming capabilities as anticipation builds for the Steam Frame VR headset launch expected mid-September. The update notably adds support for 32-bit OpenXR applications, allowing compatibility with more VR software. Valve explained this…