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Magic Leap Raises $502 Billions Driven by Temasek

VRWorld

Magic Leap , the still-in-stealth-mode company developing an augmented-reality headset, announced that it has raised $502 million in Series D equity funding, led by Singapore investment firm Temasek Holdings. The augmented reality company raised such a sum propelling their total venture funding to $1.9 Rowe Price.

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Metaverse Law: Unravelling the Future of Online Interactions

XR Today - Virtual Reality

Some firms like Magic Leap accused Nreal of stealing technology by Magic Leap in a now thrown-out case. Virtual reality (VR) headsets and AR smart glasses are still luxury items on the customer side. Furthermore, in regions like Brazil, Meta headsets are roughly $2,000.

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Escaping Into Virtuality

Tech Trends VR

That said, I’m going to go out on a limb and say that in the next few years we’re going to see more people becoming “Virtual Reality Refugees.” We’re going to see more people becoming 'Virtual Reality Refugees' Click To Tweet. 2018 has been a remarkable year for immersive technologies Click To Tweet.

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Facebook’s plan for our post-web future

TechCrunch VR

Virtual reality, in other words, and/or maybe “mixed reality,” which combines our real world with virtual artifacts. AR/VR, like nuclear fusion and Brazil , have been the future for so long that it’s become a little hard to take that future seriously. I can see your eyes rolling already.

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Making Holograms a Reality Through Volumetric Capture, with Intel’s Raj Puran

XR for Business Podcast

It’s, “my current reality doesn’t serve my need to go do something. I need to be in this augmented or this virtual reality. Companies like Magic Leap and Hololens, those are great devices where most of the compute is done on the headset… well Magic Leap is actually done on a pack that’s wired in.

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Making Holograms a Reality Through Volumetric Capture, with Intel’s Raj Puran

XR for Business Podcast

It’s, “my current reality doesn’t serve my need to go do something. I need to be in this augmented or this virtual reality. Companies like Magic Leap and Hololens, those are great devices where most of the compute is done on the headset… well Magic Leap is actually done on a pack that’s wired in.

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Making Holograms a Reality Through Volumetric Capture, with Intel's Raj Puran

XR for Business Podcast

It's, "my current reality doesn't serve my need to go do something. I need to be in this augmented or this virtual reality. Companies like Magic Leap and Hololens, those are great devices where most of the compute is done on the headset. well Magic Leap is actually done on a pack that's wired in.