Road to VR

MARCH 12, 2020

Magic Leap, the multi-billion dollar AR startup, could be exploring the possibility of a sale, a Bloomberg report maintains, citing people familiar with the matter. The company’s deep pockets funded the release of Magic Leap 1, an AR headset targeted at developers, enterprise, and anyone with $2,300 to spare.

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VRScout

FEBRUARY 9, 2020

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. SXSW Film begins on March 13th in Austin, TX.

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Next Reality AR

DECEMBER 10, 2019

Along with rebranding Magic Leap 1 for enterprise customers, Magic Leap has gifted its developer community with some new toys with a tease of more to come in 2020. Don't Miss: Magic Leap Tops the Biggest 25 AR Investments of 2019 "Spatial computing is an evolving medium for developers and creators.

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Road to VR

FEBRUARY 12, 2020

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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Road to VR

DECEMBER 13, 2019

Magic Leap’s next-gen AR headset, Magic Leap 2, is officially slated to launch sometime in 2021. Some of this likely comes as response to a damning report recently released by The Information that alleges the company only sold 6,000 Magic Leap One headsets in the first six months after launch.

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The Ghost Howls

MARCH 16, 2020

The good news of the week is that I’ve been selected as one of the speakers at AWE USA 2020 ! Image by Magic Leap). Magic Leap is on sale. A report on Bloomberg informed us all that Magic Leap is exploring a sale of the company. If Magic Leap is suffering, its competitor nReal is instead thriving.

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Next Reality AR

JANUARY 9, 2019

With CES in full swing, it seemed like Magic Leap would have little to announce at the major tech event, but it turns out that one of its partners has weighed in with a rather substantial update regarding the company.

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XR Today - Augmented Reality tag

OCTOBER 27, 2023

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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The Ghost Howls

MAY 11, 2020

Per se, this is not a surprising news (all companies are working on next iterations of their devices), but what is surprising is the timing that the report suggests: a new Oculus Quest should have been announced at the end of 2020, but due to the coronavirus pandemic, it will come in 2021. Image by Magic Leap).

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XR Today - Augmented Reality tag

JANUARY 3, 2023

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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The Ghost Howls

DECEMBER 16, 2019

Magic Leap pivots towards enterprise. At the same time, Magic Leap has also shipped a new runtime for its hardware , with the addition of new nice features like vocal commands. At the same time, Magic Leap has also shipped a new runtime for its hardware , with the addition of new nice features like vocal commands.

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The Ghost Howls

DECEMBER 9, 2019

At the beginning of 2020, the American company will finalize its reference design based on this chipset, and in the second half of the year we will see the first headsets implementing this technology. Image by Magic Leap). Magic Leap may be in trouble, but its CEO remains confident. Other relevant news.

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Voices of VR

APRIL 27, 2021

On April 22, 2020, Magic Leap announced layoffs of somewhere between 600 to 1000 employees, which amounted to around 1/3 to 1/2 of their total.

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AR Insider

JANUARY 11, 2021

This week, we dive into the top-ten tech stories of 2020. A year later Magic Leap ran out of cash and laid off half the company. 2020 showed us a future still arriving, and unevenly distributed. More from AR Insider… The post Spatial Beats: 2020’s Top Ten appeared first on AR Insider. The pandemic.

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AR Insider

FEBRUARY 20, 2020

It excerpts Unity’s latest report “Top 2020 Trends: Enterprise AR & VR,” with commentary from industry executives, including AR Insider Editor Mike Boland. Top 2020 Trends: Enterprise AR & VR. Here’s why 2020 is shaping up to be a year to remember for XR. Authors’ opinions are their own. .

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ARPost

JANUARY 13, 2020

Here, we’ll be taking a look at the AR and MR headsets and glasses that caught our attention in 2019 and that we’ll be keeping an eye on going into 2020. Magic Leap 1. The only real competition for the Microsoft’s HoloLens is the Magic Leap 1. MR Headsets. Varjo XR-1.

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XR Today - Augmented Reality tag

JANUARY 16, 2024

This week, AR headset vendor Magic Leap secured roughly $590 million via Saudi Arabia’s sovereign wealth fund, following the region becoming the firm’s majority owner in 2022. The Saudi Arabia funding has launched Magic Leap’s valuation to more than $4.5

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UploadVR Between Realities podcast

DECEMBER 16, 2016

Over the past three years Magic Leap have been one of the darlings of Augmented/Mixed reality. And with the Augmented and Virtual Reality market projected to reach $162 billion by 2020 , some would call that a fair price. The Florida start-up was valued at $4.5 billion and attracted nearly $1.4

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The Ghost Howls

JANUARY 2, 2019

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.

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ARPost

JULY 13, 2020

Already, several top-level companies like LG, Apple , and Sony are joining the market of AR hardware producers, dominated so far by Microsoft and Magic Leap. These new models will be more affordable, lightweight and easy to use, as well as more powerful, with improved performance.

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EON Reality

JANUARY 13, 2020

IRVINE, CA, January 13, 2020 – EON Reality, the world leader in Augmented and Virtual Reality-based knowledge and skills transfer for industry and education, announces the addition of John Gaeta to its international Advisory Board. The inventor of The Matrix’s “Bullet Time” joins EON Reality to assist in business and creative strategy.

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ARVR

AUGUST 23, 2022

Entitled Headworn AR Global Revenue Forecast, 2020–2026 , the report examines glasses-based AR revenue totals and subsegments?—?including Meanwhile, Magic Leap has accomplished a notable turnaround, including a pivot to enterprise and the upcoming launch of its much-improved 2nd generation hardware. billion in 2021 to $35.06

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Next Reality AR

DECEMBER 17, 2020

Don't Miss: Next Reality's 30 People to Watch in Augmented Reality for 2020 When Magic Leap first made its way into the hands of developers, an informal posse known as the Leap Squad quickly formed around the platform. This year's honoree is Aidan Wolf. One of its members was Aidan Wolf, an indie.

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Road to VR

AUGUST 12, 2020

SEE ALSO Apple is Snapping up Many of Magic Leap's Former Employees. Like other AR headsets, such as HoloLens or Magic Leap One, Nreal Light AR includes 6DOF inside-out tracking, letting users walk around the room and interact with 3D content naturally.

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VRWorld

SEPTEMBER 14, 2017

Magic Leap Inc. , As stated, they are thinking of taking part in a new financing round of more than $500 million, bringing Magic Leap valuation close to $6 billion. Magic Leap’s last financing round, led by Alibaba , valued the company at $4.5 a Florida-based startup that’s raised more than $1.3

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Road to VR

SEPTEMBER 27, 2021

Nreal is probably best known for its smartphone-tethered AR glasses, dubbed Nreal Light which made headlines back at CES 2019 for its relatively small form-factor in comparison to Magic Leap One or Microsoft HoloLens. Image courtesy Nreal. Nreal Light achieves this by offloading processing to a compatible smartphone.

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Road to VR

JANUARY 7, 2020

Speaking with Road to VR at CES 2020 this week, Qualcomm’s Head of XR, Hugo Swart, said that the company’s mobile Snapdragon chipsets are now in more than 30 AR and VR headsets, including leading standalone headsets like Oculus Quest, Go, Vive Focus, and HoloLens 2. Like Intel, AMD was eager about standalone VR early on.

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AR Insider

JANUARY 24, 2020

And what can we expect in 2020? Then there’s Magic Leap. Like us , McDowall doesn’t see that happening in 2020 for several reasons. “While there have been lots of reports and evidence that Apple is investing in AR, I’m highly doubtful that they will announce anything in 2020.

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VRScout

NOVEMBER 21, 2019

In order to access many of the best experiences, however, you must usually wear an awkward-looking headset, such as the HoloLens 2 or the Magic Leap One. The HoloLens 2 starts at $3000 , followed by the Magic Leap One at $2200. On top of that, AR glasses typically come with a steep price. Image Credit: Nreal.

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AR Insider

APRIL 6, 2020

Assuming production ramps back up by early Q3, IDC projects a rebound which brings total 2020 shipments to 7.1 The most growth in 2020 will be in VR, which isn’t surprising given that it’s more mature than AR in its product lifecycle. 2020 projections seem mostly reasonable at 690,000. percent in Q1, followed by 24.1

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Road to VR

MAY 5, 2022

In 2020, Google acquired North, a Canada-based company known for creating unobtrusive prescription-compatible smartglasses—a sight more stylish than Google Glass. Google is undoubtedly gearing up to release XR headsets of some type in the future, which may compete with devices from Apple, Meta, Microsoft and Snap.

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The Ghost Howls

OCTOBER 11, 2018

Conference time and everyone is only talking about Magic Leap in these days. It seems that Microsoft has worked a lot to make the device more ergonomic and elegant , but the style remains anyway less classy than the one of Magic Leap. It’s L.E.A.P. Also showcasing an old interaction of the device has no sense.

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Upload VR

APRIL 15, 2024

In 2020 Mozilla laid off 250 employees including staff working on Firefox Reality, and in 2022 handed over the project to "open source software consultancy" Igalia, which relaunched it as Wolvic. Today Wolvic is available on Meta Quest, Pico, Magic Leap 2, and Huawei VR Glasses.

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The Ghost Howls

JULY 13, 2020

Peggy Johnson is the new CEO of Magic Leap. Magic Leap has finally a new CEO: Peggy Johnson. Johnson will have the not easy task of deciding a clear route for Magic Leap, making the company become profitable in the enterprise market after so many failures in the consumer one. News worth a mention.

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Road to VR

SEPTEMBER 1, 2023

Magic Leap 1, the AR headset that helped the Plantation, Florida-based startup attract over three billion dollars in funding, will be completely defunct by late next year. The company announced this week that Magic Leap 1’s cloud services are due to be shut off on December 31st, 2024.

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Road to VR

MAY 24, 2022

It looks like Magic Leap is holding a barn burner of a sale on its first AR headset, Magic Leap 1, as the one-time $2,300 device can now be had for $550. As first reported by GMW3 , Magic Leap appears to be flushing excess stock of the 2018-era AR headset via the Amazon-owned online retailer Woot. .

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VRScout

FEBRUARY 6, 2020

Just one month into the new year and already 2020 is proving to be another turbulent year for the United States as well as the rest of the world. To experience the magic in VR or AR, visit the same link via a WebVR compatible headset, such as the Oculus Quest, or a dedicated AR headset like the Microsoft HoloLens 2 or Magic Leap One.

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