Money keeps flooding into the virtual reality ecosystem. Yesterday, the film company IMAX said it was partnering with Acer and Creative Artists Agency to fund at least 25 interactive VR experiences with a $50 million fund.
Over the next three years, IMAX could usher in more high-quality VR experiences, which is what the VR industry needs in order to live up to expectations. Tech advisor Digi-Capital estimates VR and AR could generate $120 billion in revenues in 2020.
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