Report: Meta in Talks with Magic Leap for Multiyear AR Headset Tech Deal
Road to VR
MAY 22, 2023
The AR unicorn is said to possess valuable IP regarding custom components, including its optics, waveguides, and software. Its majority stakeholder is Saudi Arabia’s state-owned sovereign wealth fund. It’s said a potential deal may also allow Meta to lessen its reliance on China for component manufacturing.
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