Mark Zuckerberg revealed this week that Facebook-acquired VR entity "Oculus" will put forth an estimated $250 million towards new virtual reality content and a 'standalone, affordable' headset.
“More than a million people actively use virtual reality products every month,” Zuckerberg said, calling Samsung Gear VR, produced with Oculus, and the Oculus Rift “amazing” experiences. “This is happening, and we have a lot to be excited about.”
While the current Oculus setup is rigged to a PC, Zuckerberg announced Facebook's new headset will not need to be tethered to a machine.
Working with partners Nvidia and Advanced Micro Devices - Oculus has made strides since Facebook bought the company for a whopping $2 billion before a single product was launched.SOURCE: FORBES