Microsoft steps up bet on AR, VR

Microsoft's Alex Kipman showed off the latest Windows Mixed Reality headsets at an event in San Francisco. Photo: Ina Fried / Axios

As part of its focus on virtual and augmented reality, Microsoft has acquired Altspace VR, a struggling virtual reality social network that had been set to shut down until Redmond came calling.

Microsoft also used a San Francisco event to show off the latest Windows-based virtual reality headsets, including a new $499 model from Samsung and announced a free Halo-themed VR game. Also at the event, Intel announced it would broadcast some of the upcoming Winter Olympics in virtual reality.