Google's mountain of cash is funding some innovative technology that could eventually be part of our everyday lives.
It's called Project Tango - so what does it do?
Tomizone executive director Steve Simms says Project Tango allows users to walk around a room taking photos, and have their smartphone create a 3D image.
It takes 250,000 measurements per second, and has been in development for more than a year.
Its applications include disaster response, tourism, gaming, exploration and real estate.
Elsewhere in tech news, Facebook has paid US$19 billion to buy a messaging service and an allegedly NSA-safe phone is on the way.
And what's Telecom got in store with its new internet TV service?
Watch the video for the full interview with Steve Simms.