Remove Google Remove Hardware Remove HTC Remove Saudi Arabia
article thumbnail

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).

article thumbnail

IGS 2022 Miami: XR Today Expert Round Table

XR Today - Mixed Reality tag

Artists previously used very expensive hardware and software to create digital assets, namely with delayed throughput. According to AlMuawad, Midwam’s solutions were key to developing Saudi Arabia as a strategic tech and metaverse incubator. Didimo’s technologies eliminated this by producing avatars “at scale.”

Miami 83