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The XR Week Peek (2020.05.11): new Quest is in the works, Magic Leap may pivot to healthcare, and more!

The Ghost Howls

Image by Magic Leap). Magic Leap looks for a $100-million deal to save itself. Some reports by Business Insider and The Information talk about the current situation of Magic Leap, that seems always more complicated. More info (Magic Leap trying to raise $100M) More info (Magic Leap timing for the future).

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Metaverse Law: Unravelling the Future of Online Interactions

XR Today - Virtual Reality

Lawmakers are also coming together to address other Web3 elements such as NFT transactions, human-AI interactions, IP for AI creators, and virtual real estate. Some firms like Magic Leap accused Nreal of stealing technology by Magic Leap in a now thrown-out case. Key Legal Concepts Explained.

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10 Recent VR and AR Investments You Should Know About

VRScout

The biggest gorillas in the room are the covert augmented reality company Magic Leap, which raised almost $800M in February (bringing its total funding to $1.4B), and the VR live-streaming company NextVR, which raised $80M in August (which brings its total funding to over $115M).

AR 362
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Can Living Cities Unite the Digital & Physical Worlds?

ARVR

So anchoring digital content to the real world can confer some of that real-estate-like value. He’ll be chief imagineer, which is similar to the role he played in his former post at Magic Leap. version of a real-world metaverse (though he didn’t call it that). Meisnieks is a bit of a legend in the AR world.

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The VRScout Report – The Week in VR Review

VRScout

However, let me clarify: the Netflix VR app (which has been available on Samsung Gear VR since September 2015) and the new HBO VR app (exclusive to Daydream) are 360 degree virtual reality living rooms in which you can watch any traditional 2D media from each platform’s library… on a virtual television hanging on your virtual wall.

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Top 50 Asian Virtual Reality-Augmented Reality Leaders,Evangelists, Investors & Influencers

XROM

Most people know Xu due to his dispute with American virtual reality company Magic Leap. In June 2019, Magic Leap accused Xu of stealing AR glasses technology when he was an engineer working at the firm. where he lead the expansion of Qualcomm’s virtual reality and augmented reality programs.

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Who Will Own the Metaverse?

AR Insider

It’s been called the AR Cloud by many, the Magicverse by Magic Leap, the Mirrorworld by Wired, the Cyberverse by Huawei, Planet-scale AR by Niantic and Spatial Computing by academics. Magic Leap are the highest-profile, with both a device and a platform, and more recent entrants include Ubiquity6, AIReal and Placenote.