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The XR Week Peek (2020.06.13): Magic Leap exploring a sale, events are going virtual and more!

The Ghost Howls

Image by Magic Leap). Magic Leap is on sale. A report on Bloomberg informed us all that Magic Leap is exploring a sale of the company. The sales never skyrocketed and now Magic Leap is in desperate need of cash , after many layoffs, disappointing sales, and having put its IP as collaterals to a bank.

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Meta Hints It Might Demo A 'Prohibitively Expensive' AR Glasses Prototype In 2024

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I might get myself in trouble for saying this: I think it might be the most advanced piece of technology on the planet in its domain. It’s exciting to have a device that is spectacular in what it’s able to do but it’s also a device that is not on the same technology path that we need to pursue to make it accessible to people."

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Meta's Head Of AR Glasses Hardware Claims They're As Mindblowing As The Original Oculus Rift

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Bosworth said the glasses "might be the most advanced [consumer electronics device] that we’ve ever produced as a species", so much so that they "were built on a prohibitively expensive technology path" not suitable for an actual product. Ma reported that the Orion prototype glasses use microLED displays and silicon carbide waveguides.

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My Taiwanese XR Chronicles part 1: Cave, zSpace, Brogent hands-on

The Ghost Howls

Two weeks ago, I had a fantastic trip to Taiwan together with my Chinese assistant Miss S. Are you ready for immersing into Taiwan? We all participants of the VR Visionaries tour in Taiwan (Image by Digiblock). When I tell people that I have been in Taiwan, the first questions that I get are “How is Taiwan?”

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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).

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Sundance New Frontier Announces 2019 Line-Up

VRScout

New Frontier’s long history of identifying, curating and showcasing the most exciting new media projects has drawn more and more artists to work with the emerging technology. Showing 5,000+ intelligent human behaviors, this powerful VR experience is made possible by advanced graphics technology. Esperpento / U.S.A.

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AR Optics Company Lumus Secures Further $30M in Funding

Road to VR

Lumus is a leading provider and developer of augmented reality technology. Leung, vice chairman and president of Taiwan-based Quanta. This is pioneering technology, and we have great confidence in Lumus as an innovator and industry leader for transparent optical displays in the AR market.”.

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