Report: Magic Leap Could Reach $6B Valuation, First Device Shipping in 6 Months to “small group of users”

Road to VR

Magic Leap, the mysterious augmented reality startup with a multiple-billion dollar valuation , could soon be taking on more investments, bringing its total valuation close to $6 billion, Bloomberg reports. ” Both Temasek and Magic Leap declined to speak on the matter.

Magic Leap’s John Gaeta talks about the future of cinema, storytelling and mixed reality

The Ghost Howls

He has joined Rony Abovitz at Magic Leap and now he’s there, trying to build the MagicVerse as the SVP of Creative Strategy of the Florida company. The science fiction leap was “You are inside the internet now. Magic Leap glasses.

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‘Star Wars: Project Porg’ AR “experiment” Announced for Magic Leap

Road to VR

ILMxLab, Lucasfilm’s immersive media group, today announced Star Wars: Project Porg , an augmented reality “experiment” built for Magic Leap. SEE ALSO New VR 'Star Wars' Series Slated to Launch on Oculus Quest Next Year, Trailer Here.

Report: Magic Leap To Cost Between $1,500 And $2,000, Limited Shipping Soon

UploadVR

The mysterious Magic Leap may finally be shipping soon, albeit in an extremely limited and expensive form. Bloomberg cites sources familiar with the matter in saying that the augmented reality company is planning to ship out its first device to a “small group of users” within the next six months, and it will cost between $1,500 and $2,000. If true, that would value Magic Leap at close to $6 billion following previous investment rounds.

My predictions for augmented reality in 2019

The Ghost Howls

Magic Leap. Me, wearing a Magic Leap One. The most important news has been for sure the launch of the Magic Leap One. Rear view of the Magic Leap One. Leap Motion. You may ask why I’m adding Leap Motion here. Magic Leap.

Apple Hints At VR/AR Work Once More With Oculus, Magic Leap.

AllThingsVR

Apple Hints At VR/AR Work Once More With Oculus, Magic Leap Hires Business Insider is reporting that the ever-popular tech giant made two key hires in recent weeks and months. According to his LinkedIn page, he’d held the very same role at Oculus since 2013.

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

VRWorld

Magic Leap Inc. , 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. Magic Leap’s last financing round, led by Alibaba , valued the company at $4.5

Interview to Eduardo Siman: virtual reality makes data visualization fun, we should all work together to make AR and VR to succeed

The Ghost Howls

When they saw the Kickstarter campaign of Oculus, they immediately grabbed it and started thinking about how they could do data visualization in VR. Actually, I’d prefer a group of people. Magic Leap glasses.

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OpenXR Standard Ratified, Microsoft, Oculus, & Others to Release First Implementations

Road to VR

It’s backed by many of the biggest names in the VR and AR industries and has been in development by the consortium for two years now, organized by Khronos Group. The group today announced the ratification of OpenXR 0.9, Image courtesy Khronos Group.

Enterprise Wearable & Immersive Tech 2018: Magic Leap, Exosuits and VR Training, Training, Training

EnterpriseWear

Magic Leap finally dropped to mixed reviews and BrainXchange published its Definitive Guide to Adopting Wearables, AR and VR in Enterprise. Just three months ago, the company revealed it’s putting 17,000 Oculus Go headsets in Walmart stores for employee training. Meanwhile, Boeing and Delta Air Lines have been testing exoskeletons to augment employee safety; and both companies joined the exoskeleton advisory group X-TAG launched by Sarcos Robotics in March.

Palmer Luckey: ‘I Can’t Use The Oculus Rift S’

VRScout

The original founder of Oculus VR isn’t pleased with the Oculus Rift S IPD. Last week Oculus officially unveiled the Oculus Rift S , a ‘1.5 update’ to their popular Oculus Rift. Image Credit: Oculus.

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First Ever OpenXR Demo Heading To Siggraph 2018 This Week

UploadVR

Khronos Group’s anticipated VR/AR standard API, OpenXR, is finally getting its first ever public demo at Siggraph 2018 this week. The group includes over 140 members, with major players like Google, Sony, Valve, HTC, Samsung, Magic Leap, Oculus, AMD and Nvidia involved. The latter, for example, is one of the few home-based VR devices to currently offer an inside-out tracking system, and can run apps separate from the SteamVR and Oculus ecosystems on PC.

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The XR Week Peek (2020.01.20): Oculus Go price cut down to $150, Mojo Vision teases AR contact lenses and much more!

The Ghost Howls

Oculus Go price cut down to $150. Facebook has permanently cut down the price of the Oculus Go to $150 , the same price that made it sell incredibly well on Amazon during the Cyber Monday. More info (Oculus Go price cut) More info (Xiaomi laying off the team dedicated to Go).

Top Investors Discuss VR and AR Strategies and Opportunites at IMMERSE 2016

Road to VR

SEE ALSO Madrona Venture Group on Why Seattle is a Hotbed for VR and AR. Patrick Eggen, Madrona Venture Group. With HoloLens and Magic Leap we’ve seen a broadening of the conference to include augmented reality as well.

‘Lightsaber Battle’ Confirmed For Vader Immortal On Quest

UploadVR

Goyer, but the panel will bring him and “narrative designer Mohen Leo to discuss the creation of the first installment, while Lucasfilm Story Group creative executive Matt Martin will explore how the project ties into the broader Star Wars canon.”

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

Image by Oculus). Oculus Quest may have sold only 400,000 units. It seems that according to it, Oculus Quest , considered by many the first VR headset that can become mainstream, has sold only 180,000 units in Q3 of this year, for a total number of 400,000 units sold since launch.

Microsoft Joins OpenXR, Becoming a Decisive Backer in the Open, Royalty-free VR/AR Standard

Road to VR

Khronos Group , the consortium behind the OpenXR project which aims to standardize the way applications communicate with AR and VR headsets, just added Microsoft to its ranks. image courtesy Khronos Group.

The VRScout Report – The Week in VR Review

VRScout

When the first consumer version of the Oculus Rift was launched in the spring, it was disappointingly bundled with a Microsoft Xbox controller – and we’ve eagerly been awaiting the native Touch Controllers. MAGIC LEAP’S CONTROVERSY.

The Ghost Howls’s VR Week Peek: Facebook admits that VR is taking longer than expected, Pistol Whip ready to launch and much more!

The Ghost Howls

Facebook said that this growth has been mostly due to the sales of Oculus Quest. Admitting that Oculus Quest is the only responsible for this big growth from last year (just an assumption, I want to be clear), we obtain that the sales of Quest for Q3 account for $81M.

All the most important AR and VR news from the GDC 2018

The Ghost Howls

Oculus Go showcased. The Oculus Go (Image by Oculus). At GDC, the Oculus Go has been one of the main characters. Basically, they are: Hyper-optimization : since this is a standalone headset, Oculus has been able to optimize the hardware and software for VR usage.

ILMxLab Executive Creative Director John Gaeta to Appear on Virtual Talk Show ‘Gunter’s Universe’ Friday

Road to VR

John Gaeta, often associated with his groundbreaking special effects within T he Matrix trilogy, is currently working with xLab, Industrial Light & Magic’s arm dedicated to interactive media experimentation. Where: VRChat to join live with Oculus Rift, HTC Vive or monitor.

2018 In Review: The Year Standalones Took VR And AR Everywhere

UploadVR

A number of VR developers are quietly working on projects for this year and beyond, while 2018 saw 17,000 standalone $200 Oculus Go VR headsets purchased by Walmart and deployed at stores everywhere to train employees. Magic Leap One. Magic Leap reportedly lost out on the contract won by Microsoft. We don’t follow the logic, but he claimed those larger efforts will be “much more inefficient” compared to Magic Leap.

HTC Vive Focus launched worldwide: an enterprise standalone headset, starting from $599

The Ghost Howls

During the launch event, in fact, HTC has presented various partners that are or will use the Vive Focus : Immersive Factory, Innoactive, Wolksvagen Group, Modal, SimForHealth, etc… Being an enterprise product, it also offers the possibility to pair it with professional services program.

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Super-interview with Jeri Ellsworth about her Tilt Five glasses, AR tech, and startups!

The Ghost Howls

Valve software is a very funny place because they don’t have a formal management , so it’s kind of all self-organizing… and if they don’t feel like as a group doing half-life 3, or half-life VR, it just won’t happen.

All the best AR VR news from CES 2020

The Ghost Howls

Yes, the biggest companies were not there with a booth (Oculus will probably target the OC6, HTC the VEC, etc…), but it is the first time that I read the XR news from CES and I dont’ remain surprised. And in fact, Neon reminds me a bit too much Magic Leap’s Mica project.

BBC’s VR Work Will Continue As VR Hub Stops Commissioning + Production

UploadVR

It will also soon launch Doctor Who: The Edge of Time , a new VR game developed by Maze Theory and the recently-announced Micro Kingdoms: Senses on the Magic Leap AR headset. It’s a situation somewhat similar to when Facebook closed Oculus Story Studio in mid-2017. The group produced short-form VR narratives for the Oculus Rift and Gear VR/Oculus Go. The group will also be taking its content on tour to UK libraries over the next year.

WCVRI Day 1: Hands-on RealMax AR glasses and Droolon F1 eye tracking!

The Ghost Howls

The virtual elements spanned all my FOV until the frame of the glasses , and this was another smart thing, because my brain was ok to see that there were holograms only inside the frame of the glass, and then after the frame there was nothing anymore (it is the same trick of Magic Leap ).

Mark Zuckerberg and I are confusing the market about VR and AR and the future of all computing: here’s why we need to stop doing that

Robert Scoble

Mark Zuckerberg talks about the future of VR and AR at Facebook’s recent Oculus Connect conference. It isn’t alone, we know of many companies that are spending billions on same, including Microsoft, Google, Amazon, Sony, Magic Leap, Huawei, and others.

Frooxius talks us about the development of amazing VR metaverse Neos

The Ghost Howls

I’m a VR game developer and one of the original Oculus Rift Kickstarter backers. You started when Oculus was only a devkit… what are the differences between developing for the Rift now and then? Oculus Go headset. I had the great opportunity to interview Tomáš Marian?ík,

How to be a good VR startupper – Part 2

The Ghost Howls

I have been in a toxic group once and it was a terrible experience. Avoid that at all cost: in toxic groups, things can’t work, even if the members are talented. The “community” is not a magical entity, it is just a group of people with a common interest.

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Why we should care about ergonomics in virtual reality

The Ghost Howls

Historically, virtual reality systems were prohibitively expensive and were limited to being used in controlled conditions by a small number of researchers, scientists, and groups like astronauts. Possible modifications to the Oculus Go to make it more comfortable (Image by Rob Cole).

The Ghost Howls’s VR Week Peek (2019.09.16): Cosmos released, iOS 13 has support for AR glasses, DAQRI fails and much more!

The Ghost Howls

And all of this when in 10 days there will be the Oculus Connect 6, where there will be announced something cool for sure… I’m rather thrilled while I write this e-mail! Oculus Rift has already OpenXR support. Last year there I interviewed important people like Magic Leap’s John Gaeta.

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The Ghost Howls’s VR Week Peek (2019.08.05): SIGGRAPH shows cool XR stuff, Vive Cosmos will probably cost £700, VirtualLink may die and much more!

The Ghost Howls

Magic Leap’s Undersea was short for people trying it at the exhibition but was far better for who experienced it at home. Microsoft has just released its OpenXR implementation, while other companies like Oculus and Epic Games are still working on theirs, and they will be released soon.

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Top XR Stories of 2019

Tech Trends VR

The Oculus Quest was a hit. Since then, Facebook has continued to roll out new features such as native hand tracking and Oculus Link , which allows users to experience PC VR HMD quality on the standalone headset. Bumpy Road For Magic Leap.

Weekly Funding & People Roundup: TheWaveVR Raises $4M, Pluto.

AllThingsVR

Magic Leap acquires FuzzyCube Software 1) TheWaveVR has released the beta version of its social VR music platform on the Steam Early Access on the PC. Weekly Funding & People Roundup: TheWaveVR Raises $4M, Pluto VR raises $13.9M, Avegant Raises $13.7,

How to be a good VR startupper – Part 1

The Ghost Howls

For instance, there are lots of new headsets being released by hardware companies: just in the last year, there have been the Oculus Quest & Rift S , HTC Vive Focus Plus , HP Reverb , Valve Index , Acer OJO 500, and HoloLens 2 … just to mention the most popular ones.

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When to Use Virtual Reality (VR) Instead of Augmented Reality (AR)?

InstaVR

Virtual Reality (VR), by contrast, can be published across a wide range of devices (headsets like Oculus Go/Quest and Gear VR, phones, Google Cardboard, WebVR, and much more), is completely immersive, and doesn’t necessarily require a real-time data connection (ie can be run offline).