TL;DR: Valve launched the Steam Frame VR headset with an Arm-based Snapdragon chip, aiming to run Half-Life: Alyx natively and streamed from PC. The new hardware features a “Frame Verified” status for optimized games, while rumors suggest two upcoming Half-Life titles supporting PC and VR cooperative play.
I thought they said they are aiming to at least not be more expensive than the Index? So 1000 USD might still be in the ball range, but it might very likely be less expensive.
Seeing as the Quest is their main competitor it’ll have to be less expensive if it’s to gain any traction.