Jun 2, 2017

Intel CEO sees VR sports as a billion dollar business

Asa Mathat for Vox Media

Intel CEO Brian Krzanich told Axios on Thursday that he sees virtual reality not only changing the face of sports, but also potentially being a multi-billion-dollar business for the chip giant.

"I think it can be a couple billion dollar business" he said in an interview after his appearance at Code Conference. "And the reason is this is a whole new feed... things like advertising, the ability to take that data and sell it... we're the only ones who we believe can produce this stuff."

Intel has made several acquisitions to build its sports VR business, including Replay Technologies and Voke. The result is technology that Krzanich says will let people soon watch live sports broadcasts and choose their own view, focusing on a key player or even watching the game from their point of view. "By 2019, you''ll be able to don on your VR headset and go anywhere on the field... and watch the game with maybe a two-second delay," he said.

It's not just about a new way to watch the game, though. "It starts with the fan experience because that's what the leagues are interested in," Krzanich said.

Among the other applications:

  • Help pave the way for even more realistic sports video games
  • Add a virtual referee to help human officials
  • Even spot injuries earlier. "We know that we can predict injuries because we can see gaits and movement change on a player," he said. Today it's only about 80% accuracy, but Krzanich says the difference between 80% and 99% accuracy is simply more data.

Today, Intel's replay technology is used to offering a 360-degree highlight video of a key shot or play.

Here's a video I did last year for Recode showing it in action:

Go deeper

In photos: How the coronavirus outbreak is impacting on daily lives

A woman receives a rose delivered to her via a drone in Lebanon's coastal city of Jounieh. Photo: Joseph EidAFP via Getty Images

The novel coronavirus pandemic is having a huge impact on the lives of people around the world.

The big picture: The first known case outside China was in Thailand on Jan. 13. Since then, global infection numbers have surged, and governments around the world have responded with measures designed to curb the spread of the virus — ranging from lockdowns to physical distancing enforcement. There were more than 723,000 confirmed COVID-19 infections by early Monday, per Johns Hopkins data). However, life hasn’t stopped because of the pandemic, but it has changed. Here's how.

See photosArrow20 mins ago - Health

World coronavirus updates: Global death toll surpasses 34,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The novel coronavirus has now killed more than 34,000 people and infected over 723,000 others globally, per Johns Hopkins data. Italy reported more than 10,700 deaths early Monday.

The big picture: Governments around the world have stepped up public health and economic measures to stop the spread of the virus and soften the financial impact. In the U.S., now the site of the largest outbreak in the world, President Trump said Sunday that his administration will extend its "15 Days to Slow the Spread" guidelines until April 30,

Go deeperArrowUpdated 2 hours ago - Health

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 a.m. ET: 722,435 — Total deaths: 33,997 — Total recoveries: 151,991.
  2. U.S.: Leads the world in cases. Total confirmed cases as of 1 a.m.. ET: 142,502 — Total deaths: 2,506 — Total recoveries: 4,856.
  3. Federal government latest: President Trump says his administration will extend its "15 Days to Slow the Spread" guidelines until April 30.
  4. Public health updates: Fauci says 100,000 to 200,000 Americans could die from virus.
  5. State updates: Louisiana governor says state is on track to exceed ventilator capacity by end of this week — Cuomo says Trump's mandatory quarantine comments "panicked" some people into fleeing New York
  6. World updates: Italy on Sunday reports 756 new deaths, bringing its total 10,779. Spain reports almost 840 dead, another new daily record that bring its total to over 6,500.
  7. What should I do? Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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