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Report: Meta in Talks with Magic Leap for Multiyear AR Headset Tech Deal

Road to VR

A report from the Financial Times maintains Meta is currently in talks with AR headset creator Magic Leap to strike a multiyear deal, which could include intellectual property licensing and contract manufacturing of AR headsets in North America.

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AWE 2022 Day Two: The Floor Opens. Talks on Interoperability, Hardware, and Software

ARPost

AWE day two started off with back-to-back keynotes from mixed reality display maker Magic Leap and AR commerce solution Avataar. A Look at the Magic Leap 2. Magic Leap’s Head of Product Management, Jade Meskill, presented “Magic Leap 2 and the Augmented Enterprise.”

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Big XR News from Meta, Nreal, Qualcomm, ArborXR, Magic Leap, and Globant

XR Today - Big XR News tag

Nreal, a Chinese manufacturer of augmented reality (AR) smart glasses, released its Air smart glasses in British markets via its partnership with EE. Magic Leap, Globant Partner amid WEF 2022. Nreal Air Smart Glasses Debut in UK. ” ArborXR, Qualcomm Team Up for XR Deployments.

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XR Market Growth to Top $345.9bn by 2030, Report Shows

XR Today - Augmented Reality tag

Some of the largest takeaways from the report found that the augmented reality (AR) market had taken over 55 percent of global markets in 2021. However, virtual reality (VR) was set to grow from 2022 to 2030, with software making significant gains in the same period. It also estimates that the sector will reach around $345.9

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What Does the XR Industry Think about Apple’s Vision Pro?

XR Today - Mixed Reality tag

This could actually be quite beneficial for Meta, Microsoft, and Magic Leap. They will need to witness and experience augmented reality, extensively and firsthand, in order to build apps and content for it. Brian Meaney , Head of Product, Alteon.io Those are the two main things that I noticed.

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Leveraging 5G Networks to bring VR to South Korea, with Korea Telecom’s Joonmo Park

XR for Business Podcast

Alan: Wow, that's way far ahead of North America. Alan: So how is 5G -- or just the ability to have this kind of massive data pipe -- affecting your ability to do virtual reality, or augmented reality, or mixed reality? Alan: Wow, that's way far ahead of North America. Alan: That's fantastic.

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Leveraging 5G Networks to bring VR to South Korea, with Korea Telecom’s Joonmo Park

XR for Business Podcast

Alan: Wow, that's way far ahead of North America. Alan: So how is 5G -- or just the ability to have this kind of massive data pipe -- affecting your ability to do virtual reality, or augmented reality, or mixed reality? Alan: Wow, that's way far ahead of North America. Alan: That's fantastic.