Magic Leap Raises $461M in New Funding Led by Saudi Arabia’s Investment Arm

Road to VR

Magic Leap, the augmented reality headset manufacturer, has added another couple hundred million dollars to its Series D investment round, this time $461 million led by The Public Investment Fund, Saudi Arabia’s sovereign investment arm, Tech Crunch reports. According to the report, the Saudi Arabian fund raised $400 million of the investment, while Magic Leap says “new investors” made up the remaining amount.

Magic Leap’s Total Funding Exceeds $2 Billion, With Saudi Arabia’s Help

UploadVR

Now, in 2018, Magic Leap is adding $461 million to this latest round with the bulk coming from the Kingdom of Saudi Arabia’s investment arm. While little is known about Magic Leap’s technology, the startup’s funding story is a little more public. Google helped transform the Florida startup into a giant of the nascent AR industry in Oct.

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How autonomous vehicles and hyperloop are scooting along

TechCrunch VR

HTT will be building a 10 km track to connect Abu Dhabi to Al Ain and Riyadh, Saudi Arabia. Cyrus Radfar. Contributor. Cyrus Radfar is the founding partner at V1 Worldwide. More posts by this contributor. Will tech companies change the way we manage our health? Amazon isn’t to blame for the Postal Service’s woes, but it will need to innovate to survive. Two years ago, Lime was a great addition to guacamole, rather than a sidewalk.

120,000-Year-Old Human Footprints Mark Possible Migration Route Through Arabian Peninsula

GizModo VR

Archaeologists in Saudi Arabia have discovered seven well-preserved footprints belonging to humans. Dated to around 120,000 years ago, these appear to be the oldest evidence of our species in the region. Read more.

Magic Leap Teases Magicverse Debut in 2020, Launches Magic Leap Toolkit for Developers

Next Reality AR

Speaking at the Future Investment Initiative conference in Riyadh, Saudi Arabia on Thursday, Magic Leap's chief product officer, Omar Khan, revealed that the Magicverse SDK 1.0 After talking up the Magicverse for the past year and adding new capabilities to Lumin OS to accommodate it, Magic Leap appears to be inching ever closer to actually launching its cross-platform flavor of the AR cloud while introducing a new tool for its development community.

New Magic Leap Images Appear as Saudi Prince Gets Demo from CEO Rony Abovitz

Next Reality AR

It turns out that the government of Saudi Arabia has managed to do something last month's Game Developers Conference couldn't — give us a few new glimpses of the Magic Leap One being worn by someone other than Shaq. Last month, Magic Leap used GDC to launch its SDK, hold a number of private parties at a special "Magic Leap House," and even give a few select attendees private, apparently NDA-locked demos.

Microsoft Exec Peggy Johnson to Take Over as CEO of Magic Leap

Road to VR

A recent $350 million funding round has ensured the company more runway as it no doubt strives to justify its already massive $3 billion funding, which has arrived from sources including Google, Alibaba, Qualcomm, AT&T, Saudi Arabia’s Public Investment Fund, and Axel Springer. Peggy Johnson, Microsoft’s Executive VP of Business Development, is slated to take the reins as the new CEO of Magic Leap, effective August 1st.

HTC Vive partners with ARVI VR to expand its global location-based Virtual Reality arcade offering

LBE News

After the first wave of openings, the deployment will extend at a later time to Egypt, Hong-Kong, Indonesia, Macau, Malaysia, Philippines, Qatar, Saudi Arabia, South Africa, Singapore, Thailand, Turkey, UAE, Vietnam, and Kuwait, according to HTC.

Is Virtual Islamic pilgrimage to Mecca a solution during Pandemic time?

EON Reality

Saudi Students have developed this Virtual and Augmented Reality Homework consisting of The Hajj, the annual Islamic pilgrimage to Mecca, Saudi Arabia, the holiest city for Muslims. Is Virtual Islamic pilgrimage to Mecca a solution during Pandemic time?

Snapchat’s Latest Lens Studio Update Is A Game Changer For AR Creators

VRScout

14 new landmarks and 6 AR templates make their way to the desktop app. This week Snapchat further deepened its commitment to AR technology with the release of a new update for Lens Studio, the companies official desktop app for the creation of AR ‘Lenses,’ which adds fourteen new “Landmarks,” as well as six additional Lense templates. Debuted back in April, Snapchat’s “Landmarkers” Lenses bring famous locations all around the world to life in AR.

Magic Leap Raises $280M from Japanese Telecom NTT DOCOMO

Road to VR

The company’s penultimate investment round netted the AR startup $461 million in March 2018, led by Saudi Arabia’s sovereign investment arm. Magic Leap, one of the most well-funded startups in history, just took on a $280 million investment from Japan-based mobile phone operator NTT DOCOMO. As Japan’s largest mobile operator, Docomo is slated to be Magic Leap’s exclusive telecommunications partner in Japan.

BBC to Stream Major World Cup 2018 Matches in UK on PSVR, Cardboard, Oculus Go & Gear VR

Road to VR

The VR app is said hit the respective app stores closer to the first match, which starts on June 14th with the Russia vs. Saudi Arabia match to kick it off. The BBC is bringing live coverage of all 33 of its licensed World Cup 2018 matches from Russia to a new dedicated app, dubbed BBC Sport VR – FIFA World Cup Russia 2018.

Magic Leap Founder Rony Abovitz to Step Down as CEO

Road to VR

Since its founding in 2011, Magic Leap has amassed over $3 billion in capital from investors such as Google, Saudi Arabia’s Venture Capital Fund, Alibaba, and Axel Springer, making it one of the most well-funded startups in tech history. Magic Leap pivoted to the enterprise space recently after an extended lukewarm reception by consumers for its $2,300 AR headset.

Huge Promotion for 9D VR Chair Cinema/Simulator and VR Park

Steki Amusement

Wholesale High-Quality 9D VR Cinema Price Products from Owatch / 9D VR Simulator Price VR Park for sale, China Factory. Worldwide Shipping! Stock Sale! China professional 9D Virtual Reality Price Rides & VR Game Machine Suppliers Factory.

EON Reality Presents at Nordic VR Forum

EON Reality

At the 2018 edition of the Nordic VR Forum, EON Reality Norway didn’t just attend Hamar’s distinguished virtual reality conference but also presented the “ Jesper on Wheels ” project to an eager crowd. With hundreds of attendees from 10 different nations and even more viewers following along with the event’s livestreams online, the annual event proved successful in every way.

Scale Learning and Teaching for the Online Classroom

EON Reality

At EON Reality, we are working at lightning speed to help classrooms around the world transition safely and effectively to an online classroom. As we shift towards preparing for tomorrow it is now more important than ever to build resilience into our online classrooms. How is it possible to do it at scale? .

Robot Shibuya Mirai Becomes Tokyo Resident

VRWorld

The Kingdom of Saudi Arabia granted Sophia citizenship last month. Tokyo, Japan may have just become the first city to officially grant residence to an artificial intelligence (AI). The intelligence’s name is Shibuya Mirai and exists only as a chatbot on the popular Line messaging app. Mirai, which translates to ‘future’ from Japanese, joins Hanson Robotic’s “Sophia” as pioneering AI gaining statuses previously reserved for living, biological entities.

Smart Nations Powered By Augmented Virtual Reality

EON Reality

Advances in Virtual Reality and Augmented Reality are reshaping the way we learn and interact with our world. Workers with access to real-time contextual information, displayed when and where they need it will reshape the workplace and dramatically improve the efficiency, productivity, and safety of the average worker. The future is here, with EON Reality’s Augmented Virtual Reality (AVR) technology. CONTACT US. Name *. First. Job Title * Email *.

2018 In Review: The Year Standalones Took VR And AR Everywhere

UploadVR

The company launched its $2,300 Magic Leap One AR headset development kit in August after revealing earlier in the year it passed $2 billion in total investment, with a huge amount from Saudi Arabia. A number of VR developers are quietly working on projects for this year and beyond, while 2018 saw 17,000 standalone $200 Oculus Go VR headsets purchased by Walmart and deployed at stores everywhere to train employees.

The AVR Platform and Classroom 3.0 Showcased at EduTECH Asia 2018

EON Reality

At EduTECH Asia 2018 this week in Singapore, EON Reality spent two full days speaking, promoting, and demonstrating the latest updates to the AVR Platform to the thousands of education and technology professionals in attendance.

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TECHINNOVATION Singapore 2018

EON Reality

TECHINNOVATION , organized by IPI (Intellectual Property Intermediary), a non-profit organization established under Singapore’s Ministry of Trade and Industry, aims to bring together international and Singapore technology providers and seekers to explore technology and business collaboration opportunities through open innovation.

Ouverture des inscriptions à EON Entrepreneur School

EON Reality

Vous rêvez de créer les nouvelles applications en Réalité Virtuelle et Augmentée ? Saisissez cette opportunité avec EON ENTREPRENEUR SCHOOL. Cette formation est le fruit d’un partenariat entre EON Reality, le leader mondial de la Réalité Virtuelle et Augmentée, et l’IMIE, école de la filière numérique présente sur 7 campus (Nantes, Angers, Rennes, Le Mans, Caen, Paris et Laval).

Now Recruiting: Virtual Reality and Augmented Reality Enthusiasts of Dubai, UAE

EON Reality

EON Reality and EAIT (Emirates Advanced Investments Trading) have partnered to form EON Reality UAE LLC , an Interactive Digital Center (IDC) focused on vocational skills training and higher education utilizing Augmented Reality and Virtual Reality. The IDC houses an Entrepreneur School, which teaches the skills needed to be successful in creating Virtual Reality and Augmented Reality content and applications for industry and training.

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Open House: Animation, Digital Art, and Computer Science Majors Invited to the Augmented & Virtual Reality Programme in Norway

EON Reality

Join the Open House March 22nd at Hamar Campus. Auditorium 3 Between 11:00 – 14:00. Augmented and Virtual Reality are some of the fastest growing sectors of our economy. These technologies are spreading far beyond the gaming world and into business and education, where its being used to train employees and better educate students.

Scale Learning and Teaching for the Online Classroom

EonReality

At EON Reality, we are working at lightning speed to help classrooms around the world transition safely and effectively to an online classroom. As we shift towards preparing for tomorrow it is now more important than ever to build resilience into our online classrooms. How is it possible to do it at scale? .

Manchester’s VR Innovation Academy – Apply To Learn

EON Reality

Budding coder? Immersed in the latest engines? Obsessed with great 3D design? The Academy. It’s not too late to apply – the Academy team is still accepting applications for the 2017-2018 (starting on 4th September) term. Prospective students so far have arrived from across Europe as well as the UK North region – all you need is this link , a cover letter and your latest CV. Welcoming.

EON Reality recognized as Top 100 Company Supporting Education Excellence by OCBJ and IPSF

EON Reality

EON Reality has been recognized by the Irvine Public Schools Foundation (IPSF) and Orange County Business Journal (OCBJ) as one of the Top 100 Companies Supporting Education Excellence. On the Top 100, EON Reality is joined by organizations such as Google, The Hoag Foundation, and Kia Motors America, Inc.

Virtual Reality Training Academy and Development Lab at Lehman College (CUNY): Now Recruiting!

EON Reality

Augmented and Virtual Reality are some of the fastest growing sectors of our economy. These technologies are spreading far beyond the gaming world and into business and education, where its being used to train employees and better educate students. Find out how you can get started on an exciting career and earn an accredited certificate.

Upcoming Open House & Recruitment Series for Virtual Reality and Augmented Reality Course at Eastern Iowa Community College (EICC)

EON Reality

Augmented and Virtual Reality are some of the fastest growing sectors of our economy. These technologies are spreading far beyond the gaming world and into business and education, where its being used to train employees and better educate students. Find out how you can get started on an exciting career and earn an accredited certificate.

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This Degree Will Actually Land You a Job and Prepare You for the Future

EON Reality

For some Entrepreneur School Alumni , after working an extensive eleven months to pursue a dream it’s time to relax. For others, it means it’s time to pursue their dreams by starting their career in the Virtual Reality and Augmented Reality industry.

Applications Open: Virtual Reality and Augmented Reality Course in Duncanville, Texas Starts This Summer!

EON Reality

Augmented and Virtual Reality are some of the fastest growing sectors of our economy. These technologies are spreading far beyond the gaming world and into business and education, where its being used to train employees and better educate students. Find out how you can get started on an exciting career and earn an accredited certificate.

Texas 60

Virtual Reality and Augmented Reality Design & Development Course at Oral Roberts University to Open January 2017

EON Reality

Augmented and Virtual Reality are some of the fastest growing sectors of our economy. These technologies are spreading far beyond the gaming world and into business and education, where its being used to train employees and better educate students. Find out how you can get started on an exciting career and earn an accredited certificate.