XR Today - Augmented Reality tag

JANUARY 3, 2023

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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XR Today - Virtual Reality

JULY 5, 2023

Countries such as Saudi Arabia and the United Arab Emirates have led the charge in adopting and developing immersive solutions. XR Today: How do the technological solutions from your XR partners (HTC VIVE, etc) enable your own solutions? Additionally, a lack of viable content is the main concern for many hardware manufacturers.

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Healthcare Training United Arab Emirates Turkey 177

VirtualiTeach

JANUARY 5, 2020

With the help of the local HTC Vive team, who provided the hardware, I hosted a range of speakers, live TilT Brush demos from students and delivered a range of different presentations myself (at one point having to run to the main stage, speak, then run back to deliver a presentation on the VR stage minutes later!)

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XR Today - Mixed Reality tag

FEBRUARY 16, 2024

Magic Leap has also secured roughly $590 million through Saudi Arabia’s sovereign wealth fund this year, launching the firm’s valuation to more than $4.5 This funding will support Magic Leap’s “Chapter 3” roadmap of delivering enterprise-grade XR solutions. .

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The Ghost Howls

JANUARY 2, 2023

Image by HTC Vive). HTC’s new headset may be called Vive XR Elite. Thanks to the support of the community member Inscothen, I have discovered that the Korean website of HTC may have leaked the info about the upcoming headset that the company should unveil at this CES. Saudi Arabia fund gets control of Magic Leap.

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XR Today - Mixed Reality tag

DECEMBER 14, 2022

Artists previously used very expensive hardware and software to create digital assets, namely with delayed throughput. According to AlMuawad, Midwam’s solutions were key to developing Saudi Arabia as a strategic tech and metaverse incubator. Didimo’s technologies eliminated this by producing avatars “at scale.”

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