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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. 120 Hz refresh rate.

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Magic Leap 2 to Release on Sept 30th

XR Today - Mixed Reality tag

Magic Leap has announced on Tuesday the release window for its sophomore augmented reality (AR) headset. The firm is making the Magic Leap 2 product commercially available on September 30 this year. Magic Leap will also debut the device in Japan and Singapore later this year.

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

VRWorld

Magic Leap Inc. , investment arm of Singapore’s government. investment arm of Singapore’s government. 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. Qualcomm Inc. and Alphabet Inc.’s

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Google-backed Magic Leap Reveals Mixed Reality Music App

VRWorld

Way in October, Magic Leap , the still-in-stealth-mode company developing an augmented-reality headset, announced that it has raised $502 million in Series D equity funding , led by Singapore investment firm Temasek Holdings. It is obvious that the company still does not allow anyone to speak of the hardware they have on-hand.

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Metaverse Law: Unravelling the Future of Online Interactions

XR Today - Virtual Reality

Although primary, extended reality (XR) firms like Meta face ongoing hurdles with their refocused Metvaerse and immersive hardware ambitions. Some firms like Magic Leap accused Nreal of stealing technology by Magic Leap in a now thrown-out case. Metaverse and XR Investigations. Data Processing Oversight.

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Eido Inoue tells us everything we need to know about HADO and location based augmented reality

The Ghost Howls

What are the software and hardware platform used by HADO? We have very unique needs for our products that makes most off-the-shelf XR solutions not viable for us: The hardware platform has to be lightweight, completely portable, and robust enough to survive rough semi-contact sports. Software-wise, we use Unity, Vuforia, and OpenCV.

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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

And the price of the wireless add-on is even more suspicious: speaking with a hardware manufacturer, they told me that ONLY THE ANTENNAS of a Wi-Gig connection for VR streaming (like the one of the Vive Pro) costs around $100… so how can the whole wireless streaming device cost just $50?? HTC launches Vive XR Suite.

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