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The Apple Effect: Magic Leap Founder’s Previous Company Launches App on Vision Pro

Road to VR

.” With the entrance of Apple Vision Pro, one such entity to follow suit is Stryker’s Mako , a robotic surgery group initially founded as a standalone company by Rony Abovitz, the founder and first CEO of AR unicorn Magic Leap.

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Magic Leap Reportedly Exploring The Possibility Of $10 Billion Sale

VRScout

Once valued at $8 billion, sources say the AR start-up is now seeking an acquirer. 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.

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Magic Leap And Shaq Announce NBA AR App Partnership

VRScout

One of the VR/AR world’s very few “unicorns” just announced its first major content partnership with the National Basketball Association. The Florida-based Magic Leap has raised $1.9 billion from heavy hitters like Google Ventures and the Alibaba Research group. Image Credit: RECODE / Magic Leap.

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Magic Leap Raises Another $502 Million, Now Totalling Nearly $2 Billion in Funding

Road to VR

Rumors from back in September of Magic Leap raising a Series D investment were confirmed today as the company revealed an additional $502 million in venture funding, led by a Singaporean investment firm Temasek, with participation from strategic and financial investors. Morgan Investment Management, and T. Rowe Price, Inc.

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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 augmented reality (AR) headset manufacturer gained $450 million from the Saudi Arabian Public Investment Fund (PIF). A 16GB computing pack.

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BIG XR News from Pico, Autodesk, Samsung, Magic Leap, and Snap

XR Today - Mixed Reality tag

Samsung is following leaks from earlier in the year, showing how Google and Qualcomm are assisting with developing a Samsung headset. Magic Leap’s Daniel Diez, Chief Transformation Officer , will represent the AR headset firm on the XRA’s Board of Directors to help guide the group in its emerging goals.

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My predictions for augmented reality in 2019

The Ghost Howls

It’s the beginning of 2019, and this means that this is that time of the year when we all make predictions for this year in AR and VR! Jokes apart, what has happened in AR in 2018… and what can you expect to happen in 2019? More or less AR in 2018 has gone as I predicted in 2017. Magic Leap.