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The XR Week Peek (2020.05.11): new Quest is in the works, Magic Leap may pivot to healthcare, and more!

The Ghost Howls

Image by Magic Leap). Magic Leap looks for a $100-million deal to save itself. Some reports by Business Insider and The Information talk about the current situation of Magic Leap, that seems always more complicated. More info (Magic Leap trying to raise $100M) More info (Magic Leap timing for the future).

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Magic Leap 2 Review: A High-Spec Enterprise AR Headset

XR Today - Mixed Reality tag

Magic Leap 2 reviews have surfaced after the successor to the Magic Leap 1, which launched in the early 2000s, debuted in September this year. Unlike the second version, the first iteration spent most of its early years in stealth mode, teasing its Magic Leap 1 headset in 2018. Inside Magic Leap 2.

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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 investment by Saudi’s PIF division allows the region to own over 50 percent of Magic Leap’s ownership stake. Speech-to-text detection.

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Why are Artificial Intelligence and Virtual Reality the Perfect XR Pair?

XR Today - Virtual Reality

Blending VR and AI in the New World For example, the travel, tourism, and healthcare sectors have leveraged AI virtual assistants to guide people in virtual environments. Dubai’s Ministry of Health and Prevention (MOHAP) began including virtual and real assistants on its metaverse healthcare portal.

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Top AR Smart Glasses Providers for 2024

XR Today - Mixed Reality tag

As companies continue to discover new methods for producing lightweight, wearable devices, the number of immersive tools in this landscape is growing. Read up on the latest news here. → Explore Vuzix Magic Leap Magic Leap specializes in the creation of AR and MR solutions, for enterprise users. billion by 2030.

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The XR Week Peek (2023.05.23): Leaks and rumors about Apple headset intensify, VRChat to launch Creator Economy, and more!

The Ghost Howls

The creator economy will finally let the thousands of content creators on the platform earn money for their work directly inside the VRChat, without having to resort to external tools like Patreon. Magic Leap has factories in the US and Mexico able to produce AR glasses. Both companies didn’t answer this rumor.

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XR Smart Glasses Market Map: The Top Providers for 2023

XR Today - Mixed Reality tag

As companies continue to discover new methods for producing lightweight, wearable devices, the number of immersive tools in this landscape is growing. Today, the market for smart glasses is growing at a CAGR of 10.3%, expected to reach a value of around $12.76 billion by 2030. Vuzix won numerous awards at CES 2023 this year.