"To me, that's what virtual reality really means". Project Alloy figures to go beyond that though, as Raymond used a folded up dollar bill to sculpt a virtual gold statue as it spun around a lathe. Intel engineer Craig Raymond showed it off by approaching Krzanich on stage while wearing an Alloy prototype headset.
Merged reality is about more natural ways of interacting with and manipulating virtual environments - by liberating you from the controllers and the nun chucks of today's VR systems by immersing your hands - your real-life hands - into your simulated experiences thanks to readily available new sensing technologies.
Codenamed Project Alloy, Intel is introducing a "mixed reality" headset that combines the power of both augmented and virtual reality to map your position and surroundings.
Developers interested in building games and experiences for Alloy should note that it will be capable of running Windows Holographic, the Windows 10-based mixed-reality app platform Microsoft announced past year.
Unlike HoloLens, Project Alloy is built to be a VR headset first. Krzanich's head immediately came into view, with the RealSense camera tracking his movements in relation to the virtual room in which Raymond was standing.
As for why Intel is pushing so hard to power obscure and mostly experimental devices, it all comes back to its chip making roots. "Intel is enabling us to bring this experience to mainstream PCs", he said. With Joule and RealSense, Intel can stay involved in the more cutting-edge sectors of the market because it's giving away the technology at a low cost and letting anyone take advantage of it.
The video Myerson introduced was meant to show how a headset like Intel's can be used for conventional workplace tasks as well as gaming. Computer World notes that the company will not be focusing too much on their newest PC processor, Kaby Lake, but will hold a demo as its release date is nearing. Intel software uses the multiple viewpoints to digitally re-create the action in 3-D.
All of this feeds into the new Intel that Krzanich and other executives are molding, the CEO said. "You can watch a basketball game from the three-point line and, if you see a dunk coming on, move to by the basket". It'll ship in the fourth quarter this year or early next year, Krzanich said.
In addition to the headset, Intel also plans to open a production studio in Los Angeles to create content for virtual reality.