Eight of top 10 world's largest tech companies step into the VR world

Google

Google Cardboard is a VR platform developed by Google that allows the use of a head mount for a smartphone. As of January 2016, over 5 million Cardboard viewers had been shipped and over 1,000 compatible applications had been published.

Founded in 2010, Magic Leap works on projects relating to augmented reality and computer vision. It raised more than $540 million from investors including Google.

Rony Abovitz, founder president and CEO of Magic Leap (R) unveils a view of his company's augmented reality with Rio Caraeff, chief content officer, at the Wall Street Journal Digital Live ( WSJDLive ) conference at the Montage hotel in Laguna Beach, California October 20, 2015. [Photo/Agencies]