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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. Head pose and eye-tracking.

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The XR Week Peek (2020.05.11): new Quest is in the works, Magic Leap may pivot to healthcare, and more!

The Ghost Howls

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. Or eye tracking?).

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The Ghost Howls’s VR Week Peek (2019.12.16): Oculus Quest gets hand tracking, Magic Leap pivots towards enterprise and much more!

The Ghost Howls

Facebook has not done well in the past in guaranteeing user privacy and I’m afraid of what it can do with my data, especially when in the future there will be eye tracking, emotion tracking and such. Magic Leap pivots towards enterprise. I hope for Magic Leap that the next device, Magic Leap 2, will be better.

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The XR Week Peek (2021.10.19): HTC launches Vive Flow, Magic Leap 2 announced, and more!

The Ghost Howls

A piece of very interesting news about this headset, which has been reported by few people, is that the Chinese company 7Invensun has already developed an eye-tracking module for it, making Vive Flow even more interesting for enterprise uses. Image by Magic Leap). Magic Leap 2 has been teased.

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How is Augmented reality Tranforming the Retail Industry?

XR Today - Augmented Reality tag

According to a September 2021 Insight Partners report , the AR retail market is expected to grow at a 24.8 percent compounded annual growth rate (CAGR) from 2021 to 2028. This allows digital objects to interact with users via planing, light detection and ranging (LiDAR), and hand and eye tracking. This will surpass $17.8

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The XR Week Peek (2021.04.19): Quest 2 adds Air Link and Resident Evil 4, Pico and HTC are ready to launch, and more!

The Ghost Howls

The Quest 2 is quite powerful and so Facebook has confirmed tha t in 2021 there won’t be the need for a Quest 2 Pro as some people were supposing. NVIDIA doubles down on Cloud Rendering and Omniverse at GTC 2021. On the client side, the system will become compatible with iOS devices, and a Magic Leap client has also been developed.

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The XR Week Peek (2020.05.25): new rumors on Apple Glasses, Oculus Quest anniversary, HP Reverb G2 and more!

The Ghost Howls

OMG, it’s almost 3 years that I write these roundups… the first week peek was exclusive for my blog subscribers and it featured as best news the release of Google Blocks and in the other news something about Samsung Gear VR… how much time has passed since then! Apple Glasses may release in 2021 for $499. Magic Leap raises other $350M.

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