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Yemen Suffers Internet Outage Nationwide After Saudi Airstrike on Telecom

GizModo VR

Internet service in Yemen has been taken completely offline after an airstrike by military forces led by Saudi Arabia on a telecommunications building early Friday, according to the web monitoring group NetBlocks. Read more.

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Magic Leap 2 Starting Price Positioned Slightly Less Than HoloLens 2, Release Date Set for September

Road to VR

The company says the headset will come in three versions priced for different groups: Magic Leap 2 Base (for “professionals and developers”). On September 30th Magic Leap 2 will release first in the US, Canada, United Kingdom, Germany, France, Italy, Spain, and Saudi Arabia. Magic Leap 2 Release Date and Price.

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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 augmented reality (AR) headset manufacturer gained $450 million from the Saudi Arabian Public Investment Fund (PIF).

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Biden to Sign CHIPS Act for Semiconductors, XR Tech

XR Today - Mixed Reality tag

According to the US Commerce Department, the Act would limit government subsidies and not allow semiconductor and tech firms “pad their bottom line” with funding, with groups such as the Congressional Progressive Caucus citing concerns such as firms buying back stocks or paying dividends.

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Apple Vision Pro And Meta Quest Are Building Toward Super Vision

Upload VR

In fact, with Saudi Arabia still pouring $500 million into companies like Magic Leap as Meta continues to invest in optical AR glasses, the question of whether VR-style headsets with passthrough on them are going to be used outdoors in any significant way is not a forgone conclusion.

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OBAC Opens Second Black Accelerator Cohort

XR Today - Mixed Reality tag

The OYA Black Arts Coalition (OBAC), a major Ontario-based organisation promoting talent from Black and minority groups, has partnered with the Canadian Film Centre’s Media Lab (CFC Media Lab) and immersive firm Dark Slope to open applications for its second cohort, it was recently revealed in August.

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CyberXR, XR Bootcamp Back XR Beyond Inclusion Fund

XR Today - Mixed Reality tag

The groups have cited automation, income gaps, and others as challenges to marginalised communities, and the partnership’s scholarship hopes to boost representations for such demographics with corporate sponsorship to prepare the next generation of talent. .”