Valve is ready to rejoin the VR hardware race with the Steam Frame, a lightweight standalone SteamOS headset that can run games locally or stream wirelessly from a PC using new "foveated streaming" tech. It's set to launch in early 2026. Ars Technica reports: Powered by a Snapdragon 8 Gen 3 processor with 16 GB of RAM, the Steam Frame sports a 2160 x 2160 resolution display per eye at an "up to 110 degrees" field-of-view and up to 144 Hz. That's all roughly in line with 2023's Meta Quest 3, which runs on the slightly less performant Snapdragon XR2 Gen 2 processor. Valve's new headset will be available in models sporting 256GB and 1TB or internal storage, both with the option for expansion via a microSD card slot. Pricing details have not yet been revealed publicly.

The Steam Frame's inside-out tracking cameras mean you won't have to set up the awkward external base stations that were necessary for previous SteamVR headsets (including the Index). But that also means old SteamVR controllers won't work with the new hardware. Instead, included Steam Frame controllers will track your hand movements, provide haptic feedback, and offer "input parity with a traditional game pad" through the usual buttons and control sticks.

For those who want to bring desktop GPU power to their VR experience, the Steam Frame will be able to connect wirelessly to a PC using an included 6 GHz Wi-Fi 6E adapter. That streaming will be enhanced by what Valve is calling "foveated rendering" technology, which sends the highest-resolution video stream to where your eyes are directly focused (as tracked by two internal cameras). That will help Steam Frame streaming establish a "fast, direct, low-latency link" to the machine, Valve said, though the company has yet to respond to questions about just how much additional wireless latency users can expect. Further reading: Valve Enters the Console Wars

Amazon is rolling out a tougher approach to combat illegal streaming, with the United States-based tech company aiming to block apps loaded onto all its Fire TV Stick devices that are identified as providing pirated content. From a report: Exclusive data provided to The Athletic from researchers YouGov Sport highlighted that approximately 4.7 million UK adults watched illegal streams in the UK over the past six months, with 31% using Fire Stick (this has become a catch-all term for plug-in devices, even if not made by Amazon) and other IPTV (Internet Protocol Television) devices. It is now the second-most popular method behind websites (42%).

Amazon launched a new Fire TV Stick last month -- the 4K Select, which is plugged into a TV to facilitate streaming via the internet -- that it insists will be less of a breeding ground for piracy. It comprises enhanced security measures -- via a new Vega operating system -- and only apps available in Amazon's app store will be available for customers to download. Amazon insists the clampdown will apply to the new and old devices, but registered developers will still be able to use Fire Sticks for legitimate purposes.

After acquiring software virtualization company Cameyo last year, Google has relaunched a version of the service that makes it easier for Windows-based organizations to migrate over to ChromeOS. From a report: Now called "Cameyo by Google," the Virtual App Delivery (VAD) solution allows users to run legacy Windows apps in the Chrome browser or as web apps, preventing organizations from being tied to Microsoft's operating system. Google says the new Cameyo experience is more efficient than switching between separate virtual desktop environments, allowing users to stream the specific apps they need instead of virtualizing the entire desktop. That allows Windows-based programs like Excel and AutoCAD to run side-by-side with Chrome and other web apps, giving businesses the flexibility to use a mix of Microsoft and Google services.

An anonymous reader shares a report: Costing tens of thousands of dollars each, Nvidia's pioneering AI chips make up a hefty chunk of the $400 billion that Big Tech plans to invest this year -- a bill expected to hit $3 trillion by 2029. But unlike 19th-century railroads, or the Dotcom boom's fiber-optic cables, the GPUs fueling today's AI mania are short-lived assets with a shelf life of perhaps five years.

As with your iPhone, this stuff tends to lose value and may need upgrading soon because Nvidia and its rivals aim to keep launching better models. Customers like OpenAI will have to deploy them to stay competitive. So while it's comforting that the companies spending most wildly have mountains of cash to throw around (OpenAI aside), the brief useful life of the chips and the generous accounting assumptions underpinning all of this investment are less consoling.

Michael Burry, who made his name betting against US housing and who's recently turned to the AI boom, waded in this week, warning on X that hyperscalers -- industry jargon for the giant companies building gargantuan data centers -- are underestimating depreciation. Far from being a one-off outlay, there's a danger of AI capex becoming a huge recurring expense. That's great for Nvidia and co., but not necessarily for hyperscalers such as Google and Microsoft. Some face a depreciation tsunami that's forcing them to be extra vigilant about controlling other costs. Amazon has plans to eliminate roughly 14,000 jobs.

And while Wall Street is used to financing fast-depreciating assets such as aircraft and autos, it's worrying that private credit funds are increasingly using GPUs as collateral to finance loans. This includes lending to more speculative startups known as neoclouds, who offer GPUs for rent. Microsoft alone has signed more than $60 billion of neocloud deals.