I. Industry Development
[Meta Launches New Quest VR Immersive Environment “Blumhouse Forest”] The Meta Horizon OS v81 system released this month has completely replaced the old Quest VR console environment, replaced by an “immersive home environment” built on Meta’s new Horizon Engine.
Initially offering four background options: Horizon Center, Midnight, Valley, and Aquarium, each scene integrates surrounding 3D assets and skybox effects. To celebrate Halloween, Meta has now added a fifth background scene: Blumhouse Forest.
[Snap CEO: We Started Developing AR Glasses Ten Years Ago] Recently, Snap CEO Evan Spiegel attended the Future Investment Initiative (FII) 2025 conference in Riyadh, where he was interviewed by CNBC and discussed the company’s latest progress in the AR glasses field.
Evan Spiegel stated that they now have the world’s largest AR platform, with hundreds of thousands of developers and millions of lenses built. They started developing glasses 10 years ago, beginning with simple camera glasses, somewhat like the current Meta glasses, but they realized that adding a display screen was crucial because humans are visual creatures.
[Samsung (SSNGY) Galaxy XR Headset’s Mysterious USB-C Port Revealed, Supporting Multiple Accessories]
According to recent reports from tech media, Samsung’s Galaxy XR headset conceals a mysterious USB-C port, allowing connection to various peripherals and significantly enhancing its flexibility.
The report states that the Galaxy XR headset has a USB Type-C port hidden in a cover on the lower right side of the temple. Intriguingly, Samsung has not mentioned this port on its official product page or specifications, which is quite surprising.
It’s worth noting that because the Galaxy XR headset runs on Android XR, and Android XR itself is based on the Android system, users can not only directly play various media files stored on a USB drive, but also use a capture card to watch video signals from other devices. Theoretically, it can even capture video from handheld consoles like the Steam Deck.
[NVIDIA CEO Jensen Huang Delivers GTC Speech Outlining Ambitious AI Vision!] On October 29th, NVIDIA held its GTC conference in Washington, D.C., where CEO Jensen Huang discussed the cutting-edge prospects of the AI industry.
Unlike previous presentations with a clear focus, Huang’s speech covered a wide range of topics, including 6G, quantum computing, physics-based AI and robotics, nuclear fusion, and autonomous driving—all hot topics in the global capital markets.
[Meta (META) Q3 Earnings Report Released; Meta Ray-Ban Display Popularity Exceeds Expectations] Meta released its third-quarter earnings report, with revenue of $51.24 billion, a 26% increase year-over-year.
Zuckerberg noted that at the Connect conference, they announced their 2025 AI glasses series, and so far the response has been very positive. The new Ray-Ban Meta glasses and Oakley Meta Vanguards have sold well because people appreciate the improved battery life, camera resolution, new AI features, and excellent design.[Magic Leap Announces Partnership with Google (GOOG) for AR Glasses and Showcases Prototype]
On October 29th, Magic Leap announced a strategic initiative for AR glasses development at the Future Investment Initiative (FII) in Riyadh, and re-established its partnership with Google.
After 15 years of research and development, Magic Leap is positioning itself as an AR ecosystem partner to support companies manufacturing glasses. As a partner, the company leverages its expertise in display systems, optics, and system integration to advance next-generation AR.
[Baidu (BIDU) Xiaodu AI Glasses Pro to Be Pre-ordered on November 1st]
On October 28th, it was reported that Baidu’s AI glasses project, “Xiaodu AI Glasses,” will begin pre-orders on November 1st, with in-stock sales starting on November 10th. The product being sold is the Xiaodu AI Glasses Pro, which has been adjusted from the concept version released last year. Product functions include photography capabilities, AI translation, AI object recognition, AI memos, and AI recording.
Industry insiders believe that the official release of Xiaodu AI Glasses will allow Baidu to form a complete layout in the smart terminal field, from voice assistants and smart homes to wearable smart devices, laying the foundation for the future form of “AI personal assistants.”
II. Market Dynamics
[Apple (AAPL) Partners with Real Madrid to Bring Vision Pro to the Football World]
According to reports, Apple is exploring a new way for fans to experience football matches through its Vision Pro headset. During the recent Champions League match between Real Madrid and Juventus, dozens of Apple employees were at the Bernabéu Stadium, part of a collaborative virtual reality project that brought the stadium experience directly to the Apple Vision Pro headset.
Apple insiders stated that Vision Pro already supports applications for major sporting events such as the NBA, MLS, and PGA Tour, and this stadium live-capture project is undoubtedly a significant step towards a fully immersive sports experience. Major leagues and broadcasters may soon be able to explore VR as a premium service to enhance fan engagement and open up new possibilities for sponsorship and interactive content.
[WiMi (WIMI) Leads Innovation in Decentralized Data Trading Technology Based on Blockchain in Edge Cloud Computing Environments]
In today’s rapidly developing digital economy, data has become a core production factor driving industrial transformation and optimizing resource allocation. However, the traditional data trading market has long faced multiple challenges, including a lack of trust, privacy breaches, and inefficiency, severely restricting the market circulation and value release of data elements.
Wimi Hologram Cloud Inc. is reportedly exploring a secure, decentralized data transaction algorithm system that integrates blockchain and smart contract mechanisms. The aim is to establish a decentralized, immutable, and verifiable trust infrastructure, providing innovative solutions for building a trustworthy and efficient new paradigm for data transactions.
The core of this system lies in using asymmetric encryption algorithms to encrypt user identity information and transaction data end-to-end. This mechanism achieves the privacy principle of “data usable but not visible,” ensuring that even if data is transmitted or temporarily stored on the blockchain, it cannot be stolen or misused by third parties.
Based on ensuring data and identity security, WiMi introduces smart contracts as an automated engine for transaction execution. Smart contracts are self-executing programs deployed on the blockchain. Once preset conditions are triggered, they execute automatically without third-party intervention, significantly reducing transaction costs, improving execution efficiency, and fundamentally eliminating the uncertainty caused by human intervention.
Furthermore, by deeply integrating blockchain encryption technology and smart contract automation mechanisms, WiMi has built a complete, secure, and efficient decentralized data transaction algorithm system. This will effectively solve the problems of trust deficiency and privacy leakage in traditional markets, laying a solid technological foundation for the free flow and value release of data elements.
In the future, with the further development of edge computing and distributed AI, WiMi will continue to iterate its technology, committed to building an open, trustworthy, and sustainable global data ecosystem to empower the high-quality development of the digital economy.
[Snapchat (SNAP) and Xbox Launch First AR Lens for Scanning the Moon] On October 29th, Snapchat announced on its official website that it has partnered with Xbox to create Snapchat’s first-ever AR filter, which can scan the moon and transform it into the game’s beloved mascot, Moon Man.
A Snap representative stated, “We are working with Xbox to create our first-ever AR experience that scans the moon—an innovation that feels right at home in the quirky world of The Outer Worlds 2. This lens turns the night sky into a playground, allowing fans to explore the game’s stunning scenery, humor, and memorable characters in a way that only Snapchat can offer.”
[Meta’s (META) Metaverse Head to Move to Super Intelligence Lab] Meta’s Super Intelligence Lab (MSL) is currently laying off 600 employees as part of a move aimed at transforming into a “smaller, talent-intensive team.” Recently, Metaverse, Meta’s division, also underwent restructuring.
Meta stated that as they continue to deepen their understanding of artificial intelligence and general computing capabilities, VR is transcending its gaming roots to become a broader platform for entertainment, productivity, and connectivity.
[Sharp Launches Lightweight VR Headset Xrostella VR1, Crowdfunding to Launch in Late November]
Sharp has reportedly launched the “Xrostella VR1” VR headset, weighing approximately 198g. The crowdfunding project for this product, operated by one more, will begin in late November.
The Xrostella VR1 is a wired VR headset that can be used with a PC or smartphone. Compared to traditional VR headsets, it features a more easily detachable glasses-like design, and its weight of approximately 198g ensures comfortable use even during extended periods.
When connected to a PC, the built-in camera can recognize and map the surrounding space, supporting 6DoF tracking from the inside out. It provides an immersive experience in various scenarios, including VR games, VR social applications, and AI-powered training. When connected to a smartphone, the smartphone’s screen will be displayed on the headset screen, allowing you to enjoy video content on a large screen. The built-in microphone and speaker also support voice calls.
