Meta has announced the new VR headset Quest 3, which will be released in the fall of 2023

Meta has announced the release of a new VR headset, Quest 3, which will be available for purchase in the fall of 2023. The device will cost $499 for the model with 128GB of memory, which is $50 cheaper than the competitor, PS VR2.

The Quest 3 has a more ergonomic design and is 40% thinner than the previous model. It is equipped with an improved Qualcomm Snapdragon processor, which provides up to two times better gaming performance than the Quest 2. The headset will also have displays with higher resolution, which will result in a more detailed and clearer picture.

The TruTouch controllers have also been improved and now support advanced haptic feedback technology.

The Quest 3 will be backward compatible with all games released for Quest 2, allowing users to play games and use apps on the new headset.

Meta is also releasing an update for Quest 2, which will increase the device’s processor performance by 26% and video chip performance by 19%. A similar update will be available for Quest Pro, which will increase the video chip performance by 11%.

Meta continues to invest billions of dollars in creating its “metaverse” – a digital world inhabited by avatars. Last month, it was reported that the company is in talks to sign a multi-year agreement with one of the most promising AR startups – Magic Leap.

Overall, the new Quest 3 VR headset and update for Quest 2 will allow Meta users to enjoy higher quality and more engaging virtual content. The company’s continued investment in scientific and technological progress demonstrates its serious intentions to become a leader in the world of VR technology.

The announcement of the new VR headset may have a positive impact on Meta’s stock price, which increased by 3.4% on June 1 and is valued at $273.7. Improvement in Quest 2 performance and lower cost may also lead to increased demand for the company’s products. Furthermore, investing in its own “metaverse” and planned cooperation with AR startups may contribute to the growth of Meta’s stocks in the long term.

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