Microsoft (MSFT +1.26%) is investing in leading-edge technologies like cloud computing, AI, and AR/VR. The company launched its first mixed-reality product, HoloLens, which overlays digital images in the physical world. The updated HoloLens 2 is a holographic device designed to help businesses improve accuracy and output. However, it has since discontinued those products. It also handed over its $22 billion U.S. Army AR headset program based on HoloLens to Anduril Industries in 2025, though it will provide cloud and AI capabilities for the program.
Microsoft is working on other aspects of AR, including AI, AR software, processing, lenses, and sensors to create even more immersive experiences for users. For example, it's also working on AR smart glasses featuring its co-pilot AI technology. The company sees lots of business uses for the technology, including training, support, and customer service across a range of industries.
5. Qualcomm