HTC on Tuesday announced it will lead a $100 million virtual reality accelerator fund to cultivate the VR ecosystem by supporting startups.

The move could be another boost to the development of enterprise applications and uses for VR, analysts said. VR is already being used in areas such as the training of surgeons, astronauts and combat troops who can use VR to simulate conditions and challenges they will face in the future.

Last week, HTC announced a partnership with Dassault Systemes, which the company said was specifically designed to drive VR into the enterprise space.

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Source: COMPUTER WORLD