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The Pico 5 headset might be canceled, but ByteDance isn’t done with VR.

ByteDance reportedly scrapped it after sales of last year’s Pico 4 “fell far short of ByteDance’s expectations,” according to a report by The Information. The last headset still hasn’t launched in the US, as political heat has stayed on ByteDance and its other well-known project, TikTok.

However, the report also claims Pico engineers are working on a long-term “Swan” concept to develop a high-end headset inspired by Apple’s Vision Pro.

A close-up of the Pico 4 headset
Pico 4 headset
Image: Pico