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Magic Leap Layoffs Follow Recent Google Partnership

Upload VR

Magic Leap is undergoing layoffs just a few months after announcing a partnership with Google. We will continue to actively support Magic Leap’s customers, developers and our large ecosystem through the Developer Support and Care teams. UploadVR David Heaney What amount of revenue did Magic Leap 2 generate this year?

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The XR Week Peek (2022.07.18): Magic Leap 2 price revealed, new rumors about Apple, and more!

The Ghost Howls

Magic Leap reveals prices and availability of ML 2. Finally, Magic Leap has revealed information about the price and availability of Magic Leap 2. These are all right considerations, but it is also true that Magic Leap has much better visuals. Top news of the week. Other relevant news.

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Google and Magic Leap Form XR Partnership

XR Today - Augmented Reality tag

Google and Magic Leap have partnered to “advance the potential of XR technologies”, the latter has said in a blog post. The announcement was light on detail, but Magic Leap said the tie-up would combine its AR credentials with Google’s technology platforms. Google is already an investor in Magic Leap.

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The XR Week Peek (2024.05.07): Apple Vision Pro is used by Fortune 100 companies, its cheaper version may come in 2025, and more!

The Ghost Howls

But this should surprise no one: all the previous expensive AR/MR headsets that have been initially targeted at consumers, like Magic Leap or HoloLens, ended up being used mostly in enterprise sectors. This week, Chinese news outlet WallStreetCN reported that a cheaper Vision headset is expected in June 2025.

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Microsoft Is Discontinuing HoloLens 2, With No Replacement

Upload VR

With passthrough headsets still years out, and Magic Leap still focused on consumers, Microsoft dominated the enterprise AR market for years with HoloLens 2. Magic Leap pivoted to enterprise just one month after HoloLens 2 launched, and in 2022 launched Magic Leap 2 with a wider field of view and more powerful compute unit.

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The XR Week Peek (2023.09.04): Meta may be working on the next Quest Pro with LG, Meta Avatars get legs, and more!

The Ghost Howls

The Meta Quest 4 Pro should be released in 2025 and be produced in partnership with LG Electronics. If this strategy is confirmed, by 2025 Meta would have a cheap $200 device (Quest 3 Lite?), This would mean that Meta would start doing like Pico and having the “Pro” models with the same numbers as the standard models.

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Will Headworn AR Revenues Exceed $35 Billion by 2026?

ARVR

Meanwhile, Magic Leap has accomplished a notable turnaround, including a pivot to enterprise and the upcoming launch of its much-improved 2nd generation hardware. Magic Leap has meaningfully turned things around,” said Boland. Meanwhile, Magic Leap Two has impressed us in our time with the device.” *A