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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. A 16GB computing pack.

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Google-backed Magic Leap Reveals Mixed Reality Music App

VRWorld

Way in October, 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 post Google-backed Magic Leap Reveals Mixed Reality Music App appeared first on VR World.

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Can Mystical Magic Leap Lure Singapore’s Temasek into its Net?

VRWorld

Magic Leap Inc. , investment arm of Singapore’s government. investment arm of Singapore’s government. As stated, they are thinking of taking part in a new financing round of more than $500 million, bringing Magic Leap valuation close to $6 billion. Google was one of the first to invest.

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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. Magic Leap hopes to ship its first device to a small group of users within five months, people familiar have said.

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The VRScout Report – The Week in VR Review

VRScout

Researchers at the National University of Singapore first showed us how face electrodes can simulate food in virtual reality– and now they are bringing wind and heat to your virtual world. The notoriously secretive mixed reality company Magic Leap has acquired parts of Dacuda , a B2B computer vision software company.

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Eido Inoue tells us everything we need to know about HADO and location based augmented reality

The Ghost Howls

Between that, I worked on consumer cloud software with Google for five years… managing engineering teams for Gmail, Japanese mobile, Google Labs, and social (Blogger etc.) At Google, the change was rapid but much easier to control , as everything from the software to even the servers were designed in-house. teams for Japan.

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The World of Mobile VR After Pokemon Go

VRWorld

With the introduction of Google Cardboard and the Daydream VR platform, Oculus and HTC discrete VR headsets and GearVR headsets for even smartphones like the Samsung’s Galaxy S7, the first tentative steps towards virtual reality gaming are being taken. The casino game with the most to gain from VR technology would be poker.