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5 hot IT budget investments — and 2 going cold

CIO

The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. Related: 6 tips for making the most of a tight IT budget Budgeting, IT Leadership, IT Strategy

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Refract raises $8.5M SGD funding, announces new game development division 

TechCrunch

Refract will continue delivering immersive and engaging XR and VR experiences to a growing market of 2.9 To make it accessible to game developers and content creators, Refract’s software suite is compatible with platforms like OpenVR, OpenXR, Unity and Unreal engines, and existing VR systems and applications.

Games 246
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13 investors say lifelong learning is taking edtech mainstream

TechCrunch

Emerging tech – AI/NLP/ML/VR – will continue to push the envelope. I also see an opportunity for modalities like VR to become more popular as we shift to more digital and remote solutions (e.g This will likely become even harder, as local and state budgets tighten. How has edtech’s boom impacted your dealmaking?

Education 336
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Extra Crunch roundup: Clubhouse UX teardown, YC Demo Day favorites, proptech VC survey, more

TechCrunch

Almost every private equity and venture capital investor now advertises that they have a platform to support their portfolio companies, “however, most of us don’t have the budget of an Andreessen Horowitz to support almost every major need” for each startup they’ve bet on, says Versatile VC founder David Teten.

Survey 236
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No Man’s Sky updates are going strong with Starfield around the corner

TechCrunch

With a big-budget space exploration game debuting in days, indie spacefaring mainstay No Man’s Sky continues to deepen its own world with no signs of slowing down. You can showcase the stuff you like in your base with a new projector that makes your HQ on a far-flung planet that much cozier.

Games 201
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Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity

TechCrunch

If you don’t have a good story to share, it doesn’t matter how big your marketing budget is. Advanced virtual fitting rooms with VR/AR for fashion. .” Anatomy of a SPAC: Inside Better.com’s ambitious plans. 5 factors that can make or break a startup’s growth journey.

Data 242
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Tech Trends Driving Higher Education in 2021 and Beyond

Trigent

Another major deterrent is the cost involved, with 57% of institutions having a separate budget for AI projects. Immersive, engaging, and impactful learning experiences using AR/VR. In this case, the need for real conversations, universities turned to AR/VR that had already made inroads into the classroom.

Education 110