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Unicorn AR Startup Magic Leap is Killing Its First Headset Next Year

Road to VR

Magic Leap 1, the AR headset that helped the Plantation, Florida-based startup attract over three billion dollars in funding, will be completely defunct by late next year. The company announced this week that Magic Leap 1’s cloud services are due to be shut off on December 31st, 2024.

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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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XR Industry Giants Team up to Save Key Developer Tool

Road to VR

Microsoft, Qualcomm and Magic Leap announced a partnership to “guide the evolution” of the Mixed Reality Toolkit (MRTK), a cross-platform AR/VR development framework which has now gone open-source. The committee says more devices are “coming soon,” one of which will likely be the Magic Leap 2 AR headset.

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The Future Is Now: 2023 Metaverse and XR Predictions Worth Looking Into

ARPost

2023 Metaverse and XR Predictions That Could Shape the Future of Tech 1. Thus, it’s probable that in 2023, we’ll be seeing more XR devices being used as workstations in the office. He goes on to share that the success of the Quest 2 will fuel interest in the new Quest 3, which should will be released in 2023.

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The Next Frontier of XR Hardware

ARPost

See Also: The Future Is Now: 2023 Metaverse and XR Predictions Worth Looking Into Think how Microsoft revolutionized personal computers, or how Apple changed the mobile phone market forever. Magic Leap 2 Magic Leap jumped the starting gun and played their cards early. What Is Everyone Working On?

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HoloLens Optics Chief Joins Google Amid Reported Push for Upcoming Google AR Headset

Road to VR

Bernard Kress, principal optical architect on Microsoft’s HoloLens team, has left the company to take on the role of Director of XR Engineering at the recently formed Google Labs.

Google 363
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XR Talks: Hands-On with Hololens 2

AR Insider

XR Talks: Microsoft Doubles Down on AR. This is the reason that Microsoft has solely targeted the enterprise for HoloLens 2. The enterprise focus is comparatively what Magic Leap failed to do — at least at first. It’s clear that Microsoft made some hard but strategic decisions along that sliding scale.

Wearables 359