Microsoft lost billions of dollars on HoloLens, and its huge IVAS military contract is in trouble
Briefly

"Microsoft has confirmed plans to halt production of the HoloLens 2 headset and will stop supporting the device, leading to doubts about the IVAS contract with the Army."
"The Microsoft team working on IVAS has been reduced significantly, with much of the business and engineering talent reassigned to other projects, heightening concerns about the program's future."
"Although a Microsoft spokesperson emphasized the company’s commitment to mixed reality and the IVAS program, it is clear that their heavy investment in major improvements has diminished significantly."
"Insider sources claim that the shift in focus to smaller updates requested by the military, coupled with the insistence on military funding for these tweaks, suggests a troubling decline in Microsoft's IVAS ambitions."
Read at Business Insider
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