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Saudi Arabia’s Public Investment Fund Takes Control of Magic Leap

XR Today - Augmented Reality tag

To close 2022, Magic Leap’s leadership team underwent a major restructuring following a significant investment from Saudi Arabia’s sovereign wealth fund. The investment by Saudi’s PIF division allows the region to own over 50 percent of Magic Leap’s ownership stake. Speech-to-text detection.

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Is XR ‘Taking Off’ for the Commercial Aviation Industry?

XR Today - Mixed Reality tag

Extended reality (XR) tools will allow manufacturers, airlines, and customers to leverage immersive tools capable of empowering the commercial aviation market. The enterprise-first device offers some of the most advanced simulation tools to train pilots with minimal setup.