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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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The XR Week Peek (2020.10.26): DecaGear is an intriguing VR headset, HTC is working on a new device, and more!

The Ghost Howls

Coronavirus is back in Italy and from yesterday we’re having new restrictions like a night curfew, some kind of shops closed, etc… I hope that you and the people you love are safe. A new FCC listing appears for an HTC Vive headset. And in fact, a new request to FCC for a new device has arrived from HTC. But I can speculate.

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The Ghost Howls’s VR Week Peek (2019.10.27): Quest sales are not taking off, Minecraft Earth launches in Early Access and much more!

The Ghost Howls

I’m back in Italy, and finally, I can eat again some good pasta… even if I will miss ?? HTC keeps updating the Vive Cosmos. It seems that HTC has taken the critics on the Vive Cosmos very seriously and it is now updating the runtime of the device every week. Grove wants to take support groups to VR.

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The XR Week Peek (2022.06.27): Meta shows its R&D prototypes, Apple shows nothing as usual, and much more!

The Ghost Howls

It’s hot and the drought is creating some issues here in northern Italy. This is a free association headed by Khronos Group, the consortium behind the OpenXR standard, which aims at creating standards for the future metaverse. The Khronos Group already succeeded with OpenXR, so it has a good track in helping in creating standards.

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Editorial: This VR cycle may take more time than expected

The Ghost Howls

Don’t misunderstand me: I’m a huge fan of passthrough mixed reality , and I’ve always bragged about being among the first group of people who experimented with it on the first generation of standalone headsets (to be exact, on the Vive Focus Plus, in 2019). If you add VAT, in Italy it will cost €600.

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The XR Week Peek (2021.03.29): Rec Room becomes a unicorn, Sandbox VR is back to business and more!

The Ghost Howls

It’s a sunny lockdown day here in Italy, the sun is shining and the trees are blossoming. If we exclude the major tech companies (Facebook, Valve, etc…) and the meteor Magic Leap, this is the first VR company to reach this status, and this is another sign of the health of the virtual reality ecosystem.

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The XR Week Peek (2022.04.18): Pico Neo 3 Link launches in Europe, Meta offers monetization tools in Horizon, and more!

The Ghost Howls

Anyway, today should be a vacation in Italy, but here I am writing this roundup for you, so if you want to show your appreciation, don’t forget to make a donation on Patreon ! If the rumor is true, Meta by 2024 is going to basically release the Nreal glasses or a mix of Nreal Light and Magic Leap 2. Top news of the week.

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