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Magic Leap Reportedly Exploring The Possibility Of $10 Billion Sale

VRScout

Magic Leap is reportedly working closely with a financial advisor on exploring options to keep the doors of the AR startup open. If sold, Magic Leap could potentially receive more than $10 billion according to an unidentified source. This did little to discourage Magic Leap, however.

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AR Takes Center Stage At SXSW 2020

VRScout

The annual festival will debut new AR experiences from Magic Leap, Intel, and director Virginia Galloway. Magic Leap’s The Last Light. Magic Leap’s The Last Light. The first is The Last Light , an AR film powered by the Magic Leap One headset. Intel’s Superhuman AR. Hiraeth audio AR experience.

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Magic Leap is Giving Away More Hardware Soon, Dev Conference Coming to Florida HQ in May

Road to VR

Magic Leap recently announced some new programs that aim to get developers creating for the its AR headset, Magic Leap 1. The company additionally released dates for its developer conference, LEAP Developer Days, which will be held in May at Magic Leap’s headquarters in Florida.

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Magic Leap Appoints New CEO amid Enterprise AR Pivot

XR Today - Augmented Reality tag

Magic Leap announced it had appointed Ross Rosenberg, Incoming CEO , as its company Chief Executive on Wednesday, with the newly-appointed executive stepping into his role on 1 November. He will also help Magic Leap support the sector amid the challenges and goals of the Plantation, Florida-based firm’s operations and customers.

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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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Spatial Beats: 2020’s Top Ten

AR Insider

This week, we dive into the top-ten tech stories of 2020. B from Google, Disney, AT&T, Alibaba Group, JP Morgan, Kleiner Perkins, Qualcomm, and other brand name investors to make see-through AR glasses, and the content, optics, chips, and AI that go in them. A year later Magic Leap ran out of cash and laid off half the company.

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My predictions for augmented reality in 2019

The Ghost Howls

Magic Leap. Me, wearing a Magic Leap One. The most important news has been for sure the launch of the Magic Leap One. Rear view of the Magic Leap One. Magic Leap. Magic Leap will work a lot in trying to have new compelling experiences on its marketplace.