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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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Big XR News from Meta Unity, Shanghai, and Magic Leap

XR Today - Big XR News tag

The extended reality (XR) industry unveiled news on multiple fronts, from shocking shakeups to big reveals in virtual, augmented, and mixed reality (VR/AR/MR) hardware and software. ” Magic Leap 2 to Release on Sept 30th.

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Track The Global Spread Of Coronavirus Using This Terrifying WebXR App

VRScout

As the epidemic continues to spread, reports are now coming in of cases outside mainland China, including both the United Kingdom as well as the United States. That said, like other companies we’re expecting some additional impact to our hardware production due to the Coronavirus. But just how bad are things exactly? .

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Ford Granted Multi-Plane Automotive AR Patent

XR Today - Augmented Reality tag

For example, according to the RAC, road deaths have jumped roughly 10 percent in the United Kingdom, returning to pre-pandemic figures. Audi Activesphere Concept Car Also, Audi Motors unveiled its Activesphere concept car, complete with US immersive hardware firm Magic Leap’s AR driving user interface.