article thumbnail

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. A 16GB computing pack.

article thumbnail

Holographic Waveguides: What You Need To Know To Understand The Smartglasses Market

UploadVR Between Realities podcast

Magic Leap. For a secretive company, we can learn a lot about Magic Leap from their patent filings and acquisitions, namely that they launched without a clear path to executing their vision. In April of last year Abovitz landed himself on the cover of Wired magazine with what was dubbed the Magic Leap “photonic chip.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Celebrating the 2023 Auggie Awards and XR Prize Challenge

ARPost

The Auggie Awards have been recognizing XR since 2010.” Delta Reality was also nominated in the same category for The Metaverse Park and was up for Best Enterprise Solution and Best in Location-Based Entertainment. This year also saw the award of the XR Prize Challenge that AWE founder and CEO Ori Inbar announced last year.

Tools 266
article thumbnail

Reimagining Cinema with Radiant Images’ Michael Mansouri

XR for Business Podcast

And part of what we did is we started really looking at our industry, motion picture, media, entertainment, and just in fact, communication, our communication methods. And the reality is, when we were kids or when we were much younger, our choices for media, for entertainment, for communication was very limited. That is ridiculous.

article thumbnail

Reaching for the Clouds with 6D.ai’s Matt Miesnieks

XR for Business Podcast

My last company… I don’t know if you’ve ever seen the big see-through touchscreen DJ controller emulator, but we made basically a touchscreen midi controller before there were touch screens in 2010. Like my Dekko, and what we built at Samsung were exactly the same technology that ARKit and ARCore and Magic Leap and others built.

AR 78
article thumbnail

Reaching for the Clouds with 6D.ai’s Matt Miesnieks

XR for Business Podcast

My last company… I don’t know if you’ve ever seen the big see-through touchscreen DJ controller emulator, but we made basically a touchscreen midi controller before there were touch screens in 2010. Like my Dekko, and what we built at Samsung were exactly the same technology that ARKit and ARCore and Magic Leap and others built.

AR 78
article thumbnail

Reimagining Cinema with Radiant Images' Michael Mansouri

XR for Business Podcast

And part of what we did is we started really looking at our industry, motion picture, media, entertainment, and just in fact, communication, our communication methods. And the reality is, when we were kids or when we were much younger, our choices for media, for entertainment, for communication was very limited. That is ridiculous.