XR Today - Augmented Reality tag

JANUARY 16, 2024

This week, AR headset vendor Magic Leap secured roughly $590 million via Saudi Arabia’s sovereign wealth fund, following the region becoming the firm’s majority owner in 2022. The Saudi Arabia funding has launched Magic Leap’s valuation to more than $4.5

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XR Today - Augmented Reality tag

MARCH 11, 2024

One client is Holition, a London-based retailer technology innovator crafting custom AR, VR, and MR solutions for the art, beauty, fashion, and retail markets. ARWay also partnered with leaders in Saudi Arabia to spread its AR solutions to the region.

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ARPost

NOVEMBER 18, 2022

However, the company takes that technology in its own direction when it comes to the experiences that it provides users. “We Live Garment Transfer” Lenses also allow AR try-ons of the official team kit for five teams – USMNT, France, Saudi Arabia, Belgium, and Qatar. Other Experiences Across the Snap Universe.

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Road to VR

JULY 7, 2020

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. Image courtesy Microsoft.

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XR Today - Augmented Reality tag

JANUARY 3, 2023

To close 2022, Magic Leap’s leadership team underwent a major restructuring following a significant investment from Saudi Arabia’s sovereign wealth fund. The augmented reality (AR) headset manufacturer gained $450 million from the Saudi Arabian Public Investment Fund (PIF).

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XR Today - Augmented Reality tag

FEBRUARY 21, 2024

Chris Parkinson, CEO of RealWear , said: “The video stabilization technology developed by Vidhance and adapted for use in the RealWear portfolio offers a best in class viewing experience for all camera-based remote collaboration scenarios, where stability, situational awareness and focus on the subject matter are paramount.” “The

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XR Today - Virtual Reality

JULY 5, 2023

Turkey’s growing immersive technology community has led to a rise in virtual, augmented, and mixed reality (VR/AR/MR) solutions. Countries such as Saudi Arabia and the United Arab Emirates have led the charge in adopting and developing immersive solutions.

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VRScout

AUGUST 27, 2019

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. 14 new landmarks and 6 AR templates make their way to the desktop app.

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XR Today - Augmented Reality tag

FEBRUARY 26, 2024

Dr Chris Parkinson also stated that Vidhance’s video stabilization technology, adapted for use in RealWear’s product portfolio, offers an exceptional viewing experience for all camera-based remote collaboration scenarios where critical stability, situational awareness, and focus on the subject matter.

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Road to VR

MAY 2, 2019

The company’s penultimate investment round netted the AR startup $461 million in March 2018, led by Saudi Arabia’s sovereign investment arm. With Docomo’s $280 million investment, Magic Leap’s total investment comes to a cool $2.6 billion, according to Crunchbase.

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XR Today - Augmented Reality tag

JANUARY 9, 2024

This has made it particularly popular in the oil and gas industry through which it has already gained substantial pre-orders from over a dozen countries, with a large order coming from Saudi Arabia.

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Upload VR

FEBRUARY 6, 2024

In fact, with Saudi Arabia still pouring $500 million into companies like Magic Leap as Meta continues to invest in optical AR glasses, the question of whether VR-style headsets with passthrough on them are going to be used outdoors in any significant way is not a forgone conclusion.

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XR Today - Mixed Reality tag

AUGUST 17, 2022

China has continued to develop its 5G infrastructure to develop emerging technology systems across the mainland, which will include virtual, augmented, and mixed reality, across its industrial verticals, Xinhua news reported on Wednesday. The country aims to digitally transform with roughly 1.85

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XR Today - Mixed Reality tag

AUGUST 4, 2022

US President Joe Biden is set to sign off on the Creating Helpful Incentives to Produce Semiconductors for America (CHIPS) Act to back semiconductors and emerging technologies, media reported on Thursday. XR Association (@XRAssociation) August 3, 2022.

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XR Today - Augmented Reality tag

JULY 8, 2022

Elbit Systems, a major manufacturer of defence systems technologies, recently unveiled its novel augmented reality (AR)-powered helmet for helicopter pilots, the Jerusalem Post reported on Friday. X-Sight’s AR Defence Technologies. ” XR to Power and Protect Military Staff.

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XR Today - Mixed Reality tag

NOVEMBER 7, 2023

Speaking in a recent social media post , Dr Belkhair explained that the “advanced and new (AR) technology” guided his neurosurgical teams to remove the spinal cord tumour from the patient.

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XR Today - Augmented Reality tag

JANUARY 10, 2023

Leveraging Webex technologies, users can meet with holographic avatars and share real-time 3D (RT3D) objects with colleagues. The news comes after Magic Leap’s leadership faced a huge restructuring after major investments from Saudi Arabia’s Public Investment Fund (PIF). Magic Leap Headset Updates.

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TechCrunch VR

SEPTEMBER 1, 2022

Australia, Saudi Arabia, Costa Rica and Uruguay. Immersive Health Solutions was incorporated in February 2022 and was registered by the Corporation Trust Co., another shell company, it’s assumed, based on ties to a lawyer with ties to Apple and the company’s past filing processes.

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XROM

JANUARY 16, 2024

Magic Leap, the renowned AR headset vendor, has recently received a staggering $590 million in funding from Saudi Arabia's sovereign wealth fund. This injection of capital has propelled Magic Leap's valuation to over $4.5

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XR Today - Mixed Reality tag

AUGUST 29, 2023

United States aerospace firm Boeing has begun conducting field testing to repair its aircraft with augmented reality (AR) technologies, its Australian branch announced on Thursday last week. The European planemaker began implementing MR technologies to design passenger cabins for future aircraft models.

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XR Today - Mixed Reality tag

JANUARY 31, 2023

Saudi Arabia, UAE Lead MENA Region in XR Telehealth The news comes as the Saudi and Dubai governments aim to cement positions as top tech hubs in the region and worldwide. Saudi Aramco, the world’s biggest energy supplier, became a top funder for immersive firm PIXO XR to train and upskill workers in the country.

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XR Today - Mixed Reality tag

JULY 20, 2022

HH Rashid Al Maktoum ordered the initiative 60 days before its launch, which aims to create a network of virtual spaces and improve the quality of life for citizens with metaverse technologies. We launched the Dubai Metaverse Strategy today, which aims to foster innovation in new technology. pic.twitter.com/J1XRmd2ub3.

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XR Today - Mixed Reality tag

AUGUST 31, 2022

The company, founded by Raleigh, North Carolina native Stefan Youngblood , is the largest such ecosystem and aims to upskill people of the African diaspora in metaverse and Web3 competencies in a bid to increase ownership, technologies, and innovations among the demographic.

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XR Today - Mixed Reality tag

JULY 14, 2022

We believe virtual reality provides more immersive, interactive, and meaningful experiences, and with PIXO, it has never been easier for organizations to leverage this technology to train employees”. Saudi Invests in Next-Gen Immersive Tech.

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XR Today - Mixed Reality tag

JULY 11, 2022

Now that we are creating a new technological domain, I can’t stress enough the need for diverse voices and inclusive solutions to ensure that we get the outcomes that speak to our values. This benefits not just the marginalized community but the entire technology ecosystem”. We can do better together”. .”

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EON Reality

NOVEMBER 19, 2021

The XR Center and existing collaboration with NEST will now see EON Reality’s Kuwait location serve as the global company’s base of operations for the GCC — an area which also includes Bahrain, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. NEST is a company that specializes in education & training.

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The Ghost Howls

JANUARY 22, 2024

More info Discover XR at CES This year, I didn’t manage to write my usual roundup of XR news at CES, but luckily I’ve found that Tom Emrich wrote a summary of the most interesting things he saw, and Charlie Fink made also an interesting roundup of the XR technologies that help in accessibility.

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XR Today - Mixed Reality tag

FEBRUARY 16, 2024

Kevin also added that in terms of raising XR awareness for the general public, “I think it’s brilliant now,” he also remarked that while at CES, the enterprise space was bubbling with interest “not just with Vision Pro, but all sorts of other technologies and digital twins obviously being the pillar.”

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TechCrunch VR

JULY 18, 2019

At the same time, I wrote a series of four articles on the latest transport technologies, and the waves they would create with perspectives focused on the impact on retail , commercial real-estate , short-haul travel and hyperloop. But it would be overly pessimistic to suggest the technology isn’t coming at all.

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VirtualiTeach

JANUARY 5, 2020

It’s crazy to think that whilst Tom has worked with immersive technologies since the 60’s, this was his first ever interview inside VR. I spoke at a lot of conferences in 2019 but as the year came to a close, I was invited to fly to Saudi Arabia and deliver the closing keynote to a group of G20 delegates visiting King Faisal School in Riyadh.

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GizModo VR

JULY 19, 2021

Cybercriminals have stolen approximately a terabyte of data from one of the world’s largest energy companies, Saudi Aramco. Read more.

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Upload VR

JANUARY 18, 2024

Saudi Arabia-owned Magic Leap took $500+ million more from the "sovereign" investment arm of the state to continue developing its technologies for transparent optical AR. EyeSight and Personas may be some of Apple's most interesting but least-ready-for-primetime technologies. Microsoft formally killed its PC VR platform.

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GizModo VR

JANUARY 13, 2021

Vicious Saudi autocrat Mohamed bin Salman has a new vision for Neom, his plan for a massive, $500 billion, AI-powered, nominally legally independent city-state of the future on the border with Egypt and Jordan. When we last left the crown prince, he had reportedly commissioned 2,300-pages’ worth of proposals from… Read more.

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EON Reality

FEBRUARY 17, 2024

RIYADH, Saudi Arabia, February 17, 2024 – EON Reality, a trailblazer in immersive educational technology, is proud to announce a transformative educational project in Saudi Arabia featuring the nation’s first-ever Spatial AI Center, alongside a suite of 10,000 tailor-made learning modules.

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The Ghost Howls

JANUARY 2, 2023

But maybe for the FTC the acquisition of a fitness game is more interesting than the monopoly of the next technological platform…. Saudi Arabia fund gets control of Magic Leap. Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) has just taken a stake of more than 50 percent in Magic Leap.

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EON Reality

FEBRUARY 1, 2024

This alliance signifies a deliberate step by EON Reality to broaden the adoption of its state-of-the-art educational and industrial solutions across the Kingdom of Saudi Arabia. Saudi Arabia presents a dynamic and rapidly evolving market for VR and AR technologies. For further information, visit www.eonreality.com.

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XR Today - Mixed Reality tag

FEBRUARY 13, 2023

Measurable returns on investment (ROIs), a rapidly growing number of use cases, and expansion of infrastructural technologies have fully supported the advancement of the industrial and enterprise metaverses compared with other iterations. These are the industries that serve as the backbones of our economies.

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