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Known internally as Project Caviar, Google is planning to push for an open and royalty-free HDR video and 3D audio alternatives to Dolby Vision and Dolby Atmos.
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https://www.firstpost.com/tech/news-analysis/google-is-working-on-a-royalty-free-alternative-to-dolby-atmos-and-dolby-vision-11310901.html
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