Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

How SketchFab announced it was being acquired by Epic Games. Image by SketchFab
Reality Check
ar/vr

Epic Games Pushes Further Into AR and VR; a Swan Song for Oculus Rift

By
Mathew Olson
 |  July 21, 2021 11:00 AM PDT
Photo: How SketchFab announced it was being acquired by Epic Games. Image by SketchFab

Epic Games’ planned purchase of Sketchfab, announced this morning, is the clearest sign yet that the maker of Fortnite takes AR and VR seriously.

Sketchfab is a New York-based startup best known for its 3D asset marketplace where users can upload and sell ready-made 3D models for use in videogames, 3D animations or AR and VR experiences. Since its launch in 2011, Sketchfab has amassed over 5 million users and become one of the most popular 3D marketplaces next to the Unity Asset Store, CGTrader and TurboSquid.

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