HBO and Discovery Enter VR Space With Investment in OTOY

Published by , April 24, 2016 9:04 pm

(TechCrunch)  HBO and Discovery announced they’ve taken an equity stake in a company called OTOY, which specializes in rendering complex 3D environments using cloud-based servers. OTOY enables the development of real-time, lifelike 3D environments.
OTOY to date has been working to create technology that speeds up the rendering process when it comes to creating VR and AR video, making this possible. The company claims its GPU-based renderer is faster than traditional methods. CEO Jules Urbach previously talked about building a Star Trek-like holodeck experience – meaning a real-time “holographic” environment that can change and shift with the way the person is looking, that’s both pre-rendered and streaming.

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