Here’s a Look at the First Wave of Augmented Reality ARKit Apps Hitting the iOS App Store Today

Mitchel Broussard, writing for MacRumors;

With the launch of iOS 11 today, Apple has turned hundreds of millions of iPhones into augmented reality-capable devices thanks to the support of a new developer framework called ARKit. With this technology, iOS developers can more easily craft AR experiences for users on compatible iPhones and iPads, using each device’s built-in cameras, processors, and motion sensors.

As of now, the first wave of these apps are available for you to download and test on the iOS 11 App Store. The first apps range from game updates to practical everyday tools and even apps that encourage a healthier lifestyle, with more refined experiences likely coming in the future once developers get a grasp on what users enjoy with the first wave of apps.

These apps are great specially if you showed it to kids.

I installed Edmunds and not included in the list; World Brush and Stack AR.

ASUS teams up with Fenox VC to launch US$50M fund, aiming for technologically strong startups

Anisa Menur A. Maulani, writing for e27;

Taiwanese computer hardware and mobile phone giant ASUS today announced a partnership with Silicon Valley-based venture capital firm Fenox Venture Capital (Fenox VC) to launch a US$50 million fund for tech companies.

The partnership will serve as a gateway for ASUS to access startups through the VC’s network. In turn, ASUS will collaborate with the startups and provide them with access to the greater Asian and global markets.

The fund will focus on startups in the areas of artificial intelligence (AI), internet-of-things (IoT), big data, cloud, and AR/VR.

Alibaba invests in WayRay, a maker of augmented-reality dashboards for smart cars

Catherine Shu, reporting for TechCrunch;

After launching its first car last year, Alibaba is digging deeper into the automobile industry. The Chinese Internet and e-commerce behemoth is the lead investor in smart car tech developer WayRay’s $18 million Series B round, the startup announced.

Founded in 2012, WayRay makes holographic navigation systems. According to its funding announcement, WayRay has already spent $10 million of its own capital, as well as previous venture funding, on the technology that underpins Navion, an augmented-reality dashboard that overlays directions and other information onto a driver’s view of the road. The company plans to launch a consumer version of Navion in 2017.