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.

‘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


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.

OpenXR 1.0 Released, Microsoft Supports on HoloLens & WMR, Oculus Plans Rift & Quest Support

Road to VR

It’s a major milestone, according to Khronos Group which has overseen development of the standard by a consortium of many of the biggest names in the AR/VR sector. Today the group announced the release of OpenXR 1.0, Khronos Group says that from 1.0 openxr working group

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


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

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.

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.

Data 242

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


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’


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.

Oculus 171

First Ever OpenXR Demo Heading To Siggraph 2018 This Week


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.

Canada 152

‘Lightsaber Battle’ Confirmed For Vader Immortal On Quest


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.”

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.

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.

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


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.

The VRScout Report – The Week in VR Review


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.

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.

HTC 399

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.

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.

How To 352

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.

Apple 226

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.

How To 372

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,

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


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,

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).

Apple is working on an AR/VR headset for 2020: my thoughts over this news

The Ghost Howls

I’m really curious about what Apple will do in the AR/VR ecosystem and I love rumors (I even published some myself, like this one about Oculus Monterey ), but in this case, I’m not excited.

Apple 204

XRDC Interviews AR and VR Industry Experts in Healthcare Report


This year, new standalone headsets from Oculus and Vive debuted. Creating new standalone headsets make sharing VR a social experience, which can aid in training and group activities. Are you attending XRDC’s AR and VR conference in San Francisco on October 14-15?

Suzanne Borders says it all on being a female entrepreneur in XR

The Ghost Howls

In yesterday’s part , she detailed what BadVR does and why she’s so interested in the Magic Leap One device. Devices like the Oculus Quest and the Vive Focus Plus, with their easiness of use, can really foster the adoption of VR among consumers and enterprise customers.

India 249

Editorial: Why Catching Pokemon In Skyrim Could Be The Future Of VR And AR


Platform holders such as Oculus, Valve, Google, Microsoft, and Magic Leap need to implement the OpenXR standard, especially the part about overlays and RGB-depth information. Jared Cheshier is the CTO and co-founder of Pluto and member of the OpenXR working group.

Unreal 255

Sing Along To John Legend With Baobab Studios ‘Crow: The Legend’ AR Filter


Crow: The Legend – released back in November on Oculus Rift, Oculus Go and Gear VR – is a beautifully animated interactive VR film that has you joining Crow, played by Legend, along with a group of forest creatures voiced by an incredible line-up of talent including Oprah Winfrey, Diego Luna, Sarah Eagle Heart, Liza Koshy, Tye Sheridan and Constance Wu. Step into the role of Crow with this Facebook Karaoke AR filter.

Aryzon AR headset 2.0 unboxing and review

The Ghost Howls

You put your phone inside this cardboard and thanks to some optical magic through mirrors and semi-transparent plastic, you can really try AR. If you are in the “yes” group, then have a look at the Aryzon website.

The CEO of CGTrader gives us great insights on the 3D models market and VR

The Ghost Howls

Every project needs different models, but there are several groups of 3D assets that stand out in the marketplace: characters, human and animal models, followed by furniture models , full interior or exterior designs, and models of buildings. Do you know CGTrader ?

How VR Can Get To A Hundred Million Headsets By 2024


Point-and-reach controllers, however, are absent in the first standalone headsets expected to ship to most countries in 2018, including the Mirage Solo, Vive Focus and Oculus Go. The last six years were shaped by unexpected team-ups like Oculus/Facebook and HTC/Valve.

Apple 207

As UploadVR Turns 2 We Reflect On The First Full Year of Consumer VR


The $100 consumer Gear VR also debuts during this same period, arriving alongside a virtual arcade from Oculus to let people play some classic games. At the end of the month, Oculus officially delays the release of Touch controllers until the last half of 2016.