article thumbnail

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.

article thumbnail

Saudi Aramco Leads $6.5m PIXO XR Tech Fundraiser

XR Today - Mixed Reality tag

The news comes after the XR firm launched the virtual and augmented reality (VR/AR) workplace training platform, the PIXO Apex, to boost the availability of its cutting-edge software products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The XR Week Peek (2024.01.23): Apple Vision Pro preorders have been opened, and much more!

The Ghost Howls

In the video, he shows various inventions of Disney Research and one of them is a sort of magic floorpad that acts as an omnidirectional treadmill that can also be used for Virtual Reality. It’s kinda cool stuff, even if I’m pretty sure it will never be released to the general public as a product. Another success story in the VR space!

Apple 332
article thumbnail

Apple may have given us a hint at its AR/VR headset’s name

TechCrunch VR

Australia, Saudi Arabia, Costa Rica and Uruguay. Immersive Health Solutions was incorporated in February 2022 and was registered by the Corporation Trust Co., another shell company, it’s assumed, based on ties to a lawyer with ties to Apple and the company’s past filing processes.

article thumbnail

EON Reality and NEST Expand XR Partnership Around Gulf Cooperation Council

EON Reality

The latest expansion makes EON Reality’s Kuwaiti partner its GCC headquarters. The XR Center and existing collaboration with NEST will now see EON Reality’s Kuwait location serve as the global company’s base of operations for the GCC — an area which also includes Bahrain, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

Kuwait 78
article thumbnail

Convergence, Enterprise AR, and Mapping the Inside World with Charlie Fink

XR for Business Podcast

But in my opinion, I don’t think the killer app of virtual reality is games. But let’s now switch to the topic of augmented reality, which is really what this conversation is about. Because you need the real world in order to augment it. Not to say that games can’t be experienced.

AR 78
article thumbnail

Convergence, Enterprise AR, and Mapping the Inside World with Charlie Fink

XR for Business Podcast

But in my opinion, I don’t think the killer app of virtual reality is games. But let’s now switch to the topic of augmented reality, which is really what this conversation is about. Because you need the real world in order to augment it. Not to say that games can’t be experienced.

AR 78