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Magic Leap Gets Half-billion Dollar Boost Ahead of Vision Pro Launch

Road to VR

Saudi Arabia has recently injected more than half a billion dollars into augmented reality company Magic Leap, which it hopes will rival Apple’s Vision Pro mixed reality headset. Will Magic Leap 2 be able to compete with Apple? It’s certainly worth watching.

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AWE USA 2023 Day Two: More Keynotes, More Panels, and the Open Expo Floor

ARPost

AWE Day Two Keynotes Day One kickstarted the keynotes, but AWE Day Two saw exciting presentations and announcements from Magic Leap and Niantic. “The small team at Magic Leap has made something that many larger companies are still struggling to achieve.” And they’ve done it.

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Magic Leap Enters “Chapter 3” Stage of Enterprise XR Adoption Roadmap, says CEO and CTO

XR Today - Augmented Reality tag

Last week, at CES 2024, Ross Rosenberg, the CEO of Magic Leap, and Daniel Diez, the firm’s CTO , spoke to VentureBeat on the current state of Magic Leap’s roadmap following a busy 2023, which saw the firm undergo a major leadership shake-up. ” The firm is ready to leverage a new market.

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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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AWE 2023 Is Right Around the Corner

ARPost

Augmented World Expo , AWE for short, returns to Santa Clara this year from May 31 to June 2, 2023. Day Two Day two only has one proper keynote scheduled, this time with Magic Leap. Last year, the company’s Head of Product Management, Jade Meskill, took the stage to talk about the Magic Leap 2 and “augmented enterprise.”

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Magic Leap 2 Scores Major Standard for Medical Use

XR Today - Augmented Reality tag

Magic Leap , a leading manufacturer of augmented reality (AR) headsets, announced at the Consumer Electronics Show (CES) 2023 fresh updates on its collaboration with industry verticals. The news comes as the firm partnered with SentiAR to link physicians with data displayed on the Magic Leap 2 headset.

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Audi, Magic Leap Launch Activesphere Concept UI

XR Today - Augmented Reality tag

Audi Motors recently debuted its Activesphere concept car, which features Magic Leap’s augmented reality (AR) driving user interface (UI) technologies. With Magic Leap 2, Audi Dimensions delivered a novel UI creation to empower drivers while on the road.