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Facebooks Oculus team is reportedly building another virtual reality (VR) headset that does not need to be tethered to a computer with cables.
The new headset was announced by Facebook CEO Mark Zuckerberg at the "Oculus Connect" event in San Jose, California on Thursday.
Zuckerberg also announced that Oculus will spend an additional $250 million on "great software experiences" which are the next frontier of VR.
The funding is an addition to the $250 million Oculus has already pledged to content development.
Talking about the new headset in the making, Zuckerberg told the gathering:
Facebook is hopeful that the new headset may offer something more powerful than Samsung's Gear VR, which is the most affordable way to experience VR right now.
Oculus is also reportedly working with Nvidia and Advanced Micro Devices to sell Oculus Rift with cheaper computers.
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