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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. A 16GB computing pack.

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My predictions for augmented reality in 2019

The Ghost Howls

Jokes apart, what has happened in AR in 2018… and what can you expect to happen in 2019? Augmented Reality in 2018. More or less AR in 2018 has gone as I predicted in 2017. Magic Leap. Me, wearing a Magic Leap One. The most important news has been for sure the launch of the Magic Leap One.

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Enterprise Wearable & Immersive Tech 2018: Magic Leap, Exosuits and VR Training, Training, Training

EnterpriseWear

This year was going to be the year of augmented reality, but by the end of 2018 market analysts were pointing to 2020 or 2021 as the “golden year” of AR. Magic Leap finally dropped to mixed reviews and BrainXchange published its Definitive Guide to Adopting Wearables, AR and VR in Enterprise.

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All the most important AR and VR news from the GDC 2018

The Ghost Howls

As with every big event, I’m writing a post to try to summarize the most important news that have come out from the GDC 2018 … so that if you have lost something, you just need to read this post to get in par with the rest of the world. So, are you ready? Let’s start! Vive Pro price and release date.

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Virtual Reality is reaching a mature state according to Gartner

The Ghost Howls

Some days ago, while browsing the Facebook group VIRTUAL REALITY, I found a post comparing the Gartner Hype Cycle 2017 and 2018. I started this post talking about the two Gartner graphs for 2017 and 2018. Gartner Hype Cycle for 2018 (Image by Gartner). Header image by HTC). It will just take time.

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Ed Games Expo Returns With A Full Day Dedicated To VR And AR Education

VRScout

THEN I fangirl'd out and got his autograph pic.twitter.com/eHne2emqVQ — Sarah Sexton (@Saelia) January 8, 2018. “[The XR for Classroom Learning featured a group of 20 developers who have created educational content designed for XR with support from ten different government programs. Feature Image Credit: NOT SUSPICIOUS, LLC.

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AR Optics Company Lumus Secures Further $30M in Funding

Road to VR

recently confirmed a $30 million funding round led by Quanta and HTC. Following from the $15 million funding led by Shanda Group and Crystal-Optech in June, Lumus Ltd. HTC’s interest is understandable, as their current involvement in VR will inevitably converge with AR in the near future.

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