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MagicLeap, the multi-billion dollar AR startup, could be exploring the possibility of a sale, a Bloomberg report maintains, citing people familiar with the matter. The company’s deep pockets funded the release of MagicLeap 1, an AR headset targeted at developers, enterprise, and anyone with $2,300 to spare.
Image by MagicLeap). First previews show MagicLeap 2 qualities. This week some selected journalists from popular online magazines like CNET and The Verge have been able to have a preview of the upcoming MagicLeap 2 glasses. Oculus, this is sexist… Funny link. Other relevant news. Other news.
The good news of the week is that I’ve been selected as one of the speakers at AWE USA 2020 ! Image by MagicLeap). MagicLeap is on sale. A report on Bloomberg informed us all that MagicLeap is exploring a sale of the company. Valve Index and Oculus Quest were on sale again.
After having written my predictions for virtual reality in 2020 , let’s see what will be the trends for this year in augmented reality. Regarding big brands, I expect Apple and Facebook still to wait a bit before releasing something, while MagicLeap will have to make its move to come out from the quicksands.
Oculus Quest gets hand tracking. Last week, the runtime v12 of Oculus Quest has been rolled out , and this took with it lots of interesting updates. To start, now the Oculus Link is more stable and it is compatible with some AMD GPUs. Oculus Quests have started getting vocal commands in the menu. Top news of the week.
In a Q4 2020 earnings call, Zuck notes the launch of Quest 2 drove a 156% increase in the company’s non-advertising revenue. Seems like they’re zeroing in on Maps as the sweet spot for XR and tossing everything else, like their Daydream headset, their investment in MagicLeap, Poly, and finally Tilt Brush, overboard.
This week we cover a handful of new funding rounds, new Snap AR milestones and Oculus Quest sales Inflections, among other items. The strategic investments follow Librestream’s raise of $25M in venture investment in the fall of 2020. Arden’s Wake hits the Oculus Store. W elcome back to Spatial Beats. Griffith of VR.”
There was a lot of hype over headsets in 2020 but there was also a growing number of increasingly immersive WebXR applications accessible through browsers on just about any connected device. This year’s ceremony will recognize contributors and contributions from 2020. MagicLeap, via the Hello browser. What Is The Polys?
It’s our last XR round up of 2020, a year like no other. The first game to be released on the Oculus Store will be called ForeVR Bowl in 2021. The product will be available for order beginning on December 18, 2020, and will ship starting in late January 2021. Topgolf Pro Putt Hits Oculus Store Milestone. seed funding.
Founded in 2016 by Anand Agarawala and Jinha Lee, the company’s social AR/VR workspace has since gone on to include support for Microsoft HoloLens 2, Oculus Quest, MagicLeap 1, Qualcomm XR2, Android/iPhone mobile device and traditional monitors.
nReal has been sued by Epic Games for the name too similar to Unreal and by MagicLeap that claims that nReal CEO Chi Xu has stolen the technology of the American company while working there. No one from MagicLeap or nReal is authorized to talk about this topic, so I won’t address it here. Controller.
Speaking with Road to VR at CES 2020 this week, Qualcomm’s Head of XR, Hugo Swart, said that the company’s mobile Snapdragon chipsets are now in more than 30 AR and VR headsets, including leading standalone headsets like Oculus Quest, Go, Vive Focus, and HoloLens 2. Image courtesy Qualcomm.
Wolvic is the open-source successor to Firefox Reality , which was a web browser for early standalone headsets like Oculus Go, the original Oculus Quest, Vive Focus, and HoloLens 2. Igalia has continued to develop Wolvic in the two years since, and today Wolvic is available on Meta Quest, Pico, MagicLeap 2, and Huawei VR Glasses.
In 2020 alone the platform has hosted over half a million virtual meetings. Spatial is currently available on the Oculus Quest/Quest 2 , Microsoft HoloLens/HoloLens 2 , MagicLeap , Nreal Beta , and compatible web browsers. Interact with 3D holograms of coworkers directly from your living room.
MagicLeap, for instance, supports two focal lengths and jumps between them as needed. Oculus’ Half Dome prototype does the same, seems to support a larger number of focal lengths. We saw progress on that front early this year at CES 2020 , the last major conference before the pandemic cancelled the remainder for the year.
Last week at Oculus Connect 6 there were major AR and VR announcements made. Oculus Quest and Rift News. Oculus Quest and Rift News. At the OC6 keynote, Mark Zuckerberg shared Oculus’ goal was to have forward compatibility on all future devices. The first big reveal was the upcoming Oculus Link add-on.
Assuming production ramps back up by early Q3, IDC projects a rebound which brings total 2020 shipments to 7.1 The most growth in 2020 will be in VR, which isn’t surprising given that it’s more mature than AR in its product lifecycle. 2020 projections seem mostly reasonable at 690,000. percent in Q1, followed by 24.1
Instagram has a very popular creation tool called SparkAR , which can be easily used by all creators without knowing how to code, and has seen a spike in usage in 2020. while we have seen the complicated life of Oculus hands-on booths at Best Buy. MagicLeap will meet its fate. Duck Face, MagicLeap One, and me.
And what can we expect in 2020? ” As just one example, Facebook has increased its annual R&D spend by $10 billion between 2014, when it bought Oculus, to the present. Then there’s MagicLeap. Like us , McDowall doesn’t see that happening in 2020 for several reasons. Who are the top players?
.” They partnered with Visyon , a Barcelona-based practical immersive technology company, to provide a widespread selection of technical experiences in VR from Oculus and Vive, and AR through MagicLeap, HoloLens, and Moverio glasses.
When MagicLeap One was revealed, Rony Abovitz stated he was already working on MagicLeap Two and Three, for instance; Facebook believes a lot in having avatars that truly represent ourselves in XR , and it is a field in which they will invest a lot. How it does feel publishing on Oculus App Lab Funny link.
The company’s chipset can be found in leading standalone headsets like Oculus Quest, Go, Vive Focus, HoloLens 2, Lenovo Mirage Solo, and plenty more. While XR1 was made for low-end devices, XR2 5G targets high-end standalone headsets, making it a candidate for Oculus Quest 2, MagicLeap 2, and similar next-gen devices.
Meta (Oculus). With the Oculus ecosystem, schools and professional training companies alike are beginning to scale their virtual curriculums for a wide range of use cases. MagicLeap. MagicLeap is quickly making a name for itself as one of the biggest leaders in the AR headset space.
On Friday, a report on CNET shook a bit the XR community revealing that Apple is working on an AR/VR headset for 2020. I’m really curious about what Apple will do in the AR/VR ecosystem and I love rumors (I even published some myself, like this one about Oculus Monterey ), but in this case, I’m not excited.
Facebook has started today enforcing the “Facebook login” rule , asking Oculus users to merge their Facebook and Oculus accounts. So I imagine a Quest 2 where you can avoid having a Facebook account, but you can’t use the Oculus Store, or all the most important apps and games , and so you are de facto forced to use it.
CES 2020 has shown some interesting XR gadgets. Oculus Link official cable now available worldwide (but Quest is still soldout). Good news for all the Quest fans: the official Oculus Link cable is now available worldwide in 22 countries. It also puts in the right context the $3B investment got by MagicLeap.
Facebook, owners of VR tech giant Oculus, launched the Facebook Game Developers Showcase as their alternative offering. The event, which launched Monday and concludes Wednesday, will include special videos and blogpost announcements on both Facebook’s social games and VR games by Oculus. With that, let’s look into the launch.
Image by Oculus). Oculus Quest may have sold only 400,000 units. It seems that according to it, Oculus Quest , considered by many the first VR headset that can become mainstream, has sold only 180,000 units in Q3 of this year, for a total number of 400,000 units sold since launch. Oculus starts its Halloween sale.
It’s a new month, we’ve reached level 6 of this Jumanji game that is 2020. They should guarantee better tracking both for the headset and the controllers; The controllers are smaller and seem a mix between the Oculus Touch and the WMR 1 controllers. Shipping is expected for fall 2020. Oculus Link 2 could be tetherless.
Meanwhile, few spaces were frothier in 2016 than virtual reality, but most VCs who gambled on VR following Facebook’s Oculus acquisition failed to strike it rich. On the hardware side, the ghost of MagicLeap’s formerly hyped glory still looms large. Tipatat Chennavasin, The Venture Reality Fund.
There is no point if you have face tracking and it doesn’t work well… and the positional tracking alone is very difficult to provide well even for established companies (only Oculus’s one is very fluid) In the video they say confusing things like “R&D is cheap now” (really? Then why MagicLeap hasn’t delivered a solid product with 2B?)
An earlier tech demo showed impressive fundamentals, and this week at CES 2020 the company revealed its progress toward shrinking its tech toward a practical size. MagicLeap, for instance, supports two focal lengths and jumps between them as needed. CREAL credits the 3D asset to Daniel Bystedt ). Slimming Down for AR & VR.
MagicLeap Inc. , As stated, they are thinking of taking part in a new financing round of more than $500 million, bringing MagicLeap valuation close to $6 billion. MagicLeap’s last financing round, led by Alibaba , valued the company at $4.5 s Oculus Rift. Qualcomm Inc. and Alphabet Inc.’s
Spatial works from the smartphone to the MagicLeap One. It is compatible with: Microsoft HoloLens Oculus Quest MagicLeap One PC VR headsets PC/Mac/smartphone/whatever through the web portal. Today, May, 13th 2020, Spatial is launching its new version on the market. Cross-platform. Price and availability.
This is a simpler mechanism than the waveguides employed by Microsoft HoloLens 2 or by MagicLeap, and while it may provide a bit less immersive holograms, it is the only way to provide affordable wide-FOV glasses at the moment. RealMax experience at CES 2020.
Facebook said that this growth has been mostly due to the sales of Oculus Quest. Admitting that Oculus Quest is the only responsible for this big growth from last year (just an assumption, I want to be clear), we obtain that the sales of Quest for Q3 account for $81M. Oculus Quest may have an assistant soon.
Wolvic is the open-source successor to Firefox Reality , which was a web browser for early standalone headsets like Oculus Go, the original Oculus Quest, Vive Focus, and HoloLens 2. Today Wolvic is available on Meta Quest, Pico, MagicLeap 2, and Huawei VR Glasses. It first launched on Oculus Go’s store in 2018.
In 2020, it consolidated its product with a series of partnerships and a solid product development plan. The unit runs over a Qualcomm Snapdragon 845 Chipset , offering so more horsepower than the Oculus Quest. The Oculus DK2 crashed continuously, and had a very simple runtime, for instance.
Late to the party after Oculus and Microsoft already released prototypical implementations, but finally Valve has implemented OpenXR into its runtime SteamVR. Someone is working on a Linux driver for the Oculus Rift. Indie developer Thaytan is working on a Linux driver for the Oculus Rift. Other relevant news.
When they saw the Kickstarter campaign of Oculus, they immediately grabbed it and started thinking about how they could do data visualization in VR. I know that you like a lot MagicLeap and the work that Rony Abovitz is making… why do you love it so much? ( MagicLeap glasses. Everything would be possible.
This year was going to be the year of augmented reality, but by the end of 2018 market analysts were pointing to 2020 or 2021 as the “golden year” of AR. MagicLeap finally dropped to mixed reviews and BrainXchange published its Definitive Guide to Adopting Wearables, AR and VR in Enterprise. Body-worn.
The was a lot going at CES 2020 this month when it came to virtual reality (VR), augmented reality (AR) and mixed reality (MR) technologies, with Spatial ‘s collaboration tool of particular note. The software also supports VR headsets like Oculus Quest and integrates with Microsoft Teams. to create an account.
This has been the week of the OC6, but, believe it or not, I have been able to find some other interesting news that don’t regard Oculus. Image by Oculus). Oculus bets on Oculus Quest at OC6. Well, the top news of the week is, of course, the Oculus Connect 6. Do you want to read them? Top news of the week.
Influencer Marketing is expected to grow to an $8 billion industry by 2020 with 62% of marketers saying they are growing their influencer marketing budgets. Chatbots are expected to power 85% of all customer service interactions by 2020 and result in a cost savings of $8B annually by 2022. The Evolution of Brand Ambassadors.
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