This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
SaudiArabia has recently injected more than half a billion dollars into augmented reality company Magic Leap, which it hopes will rival Apple’s Vision Pro mixed reality headset. Will Magic Leap 2 be able to compete with Apple? It’s certainly worth watching.
Scoperlys parent company is owned by SaudiArabias Public Investment Fund, meaning that Pokemon Go now belongs to the king of SaudiArabia. This means that Samsung wont go all-in with hand tracking like Apple did. For this purpose, it created a spin-off called Niantic Spatial which starts with $250M in funds.
announced a partnership with AI Safer to enhance customer experiences for visitors to Saudi Arabian museums and tourist attractions. The region is undergoing SaudiArabia’s “Vision 2030 “, an initiative to boost its cultural and tourism sector. Today, ARway.ai
This has been the week when the preorders of the Apple Vision Pro have been opened and s**t just started getting real! I’m very curious about what Apple’s headset is going to bring to our ecosystem… and you? Of course, some people from all over the world made some tricks to buy it anyway.
This week, AR headset vendor Magic Leap secured roughly $590 million via SaudiArabia’s sovereign wealth fund, following the region becoming the firm’s majority owner in 2022. The SaudiArabia funding has launched Magic Leap’s valuation to more than $4.5 Pre-orders will be open from January 19.
ARway.ai, a firm working with various XR device leaders, such as Apple and Magic Leap, to leverage its unique immersive wayfinding platform for a broad range of use cases, recently announced a new partnership that amplifies its product offering to an increasingly sizeable international user base.
Turning Apple Vision Pro's Digital Crown is a bit like tuning your reality. Apple Watch owners will be familiar with the Digital Crown. On Apple Vision Pro, it is a dial on top that jogs you along the spectrum of immersion so quickly it feels like magic. Microsoft formally killed its PC VR platform.
Samsung is also building a headset with Google powering the software, but Samsung's device is expected to be a VR-style headset with passthrough cameras like Apple Vision Pro and Meta Quest 3. If you're unfamiliar, Magic Leap is an AR headset company, majority owned by SaudiArabia since last year. Why Magic Leap?
We’re a long ways off from that and it won’t happen with the first generation Apple Vision Pro. I can only begin to imagine the possibilities and Apple is currently feeding developers kits at $3,500 each to build what’s in their imaginations.
Its founder and former CEO, Rony Abovitz, raised billions of dollars for the effort from the likes of Google and SaudiArabia's private investment fund before the well for its increasingly large investment rounds ran dry around the time COVID-19 spread globally.
The MWC news comes as RealWear works on an already busy 2024; as the firm champions its workplace immersive solutions and its portfolio benefits to tangible use cases, the headset space is booming with interest stemming from the Apple Vision Pro. The Navigator Z1 is RealWear’s most innovative.
Magic Leap, the renowned AR headset vendor, has recently received a staggering $590 million in funding from SaudiArabia's sovereign wealth fund. With this newfound support, Magic Leap is gearing up to take on tech giants like Apple and Meta. This injection of capital has propelled Magic Leap's valuation to over $4.5
February 2024 is here, and this month marked the end of a long, long wait for Apple’s Vision Pro. Apple has already sold 200,000 devices in the first week, which is impressive. However, the optics are positive for now in terms of enterprise and consumer XR markets. “They make technology easier to use,” Jay remarked.
According to AlMuawad, Midwam’s solutions were key to developing SaudiArabia as a strategic tech and metaverse incubator. Users could also choose where their avatars would interact with digital assets in different environments. Currently, ExplodedView is iOS exclusive.
Top news of the week (Image by Niantic) Niantic is evaluating selling its gaming division According to a report from Bloomberg, Niantic is in talks with SaudiArabia-owned Scopely to sell its gaming division for $3.5 A new week, a new selection of XR news to read! Plus, most of the content on Quest is currently just VR.
Meta bought Luxecel, Apple Limbak. It is obvious that this product was ideal to build AR glasses. Meta’s competitor Apple has instead acquired Limbak (even if the acquisition has not been officially confirmed). More info (Meta acquires Luxecel) More info (Limbak got acquired) More info (Probably Apple acquired Limbak).
They’ve already got, you know, in your Apple phone, RF detection is already built in. Once they did that, it activated a lot of large investors, including Disney and Warner Brothers, and AT&T, and the sovereign wealth fund of SaudiArabia. Alan: Yeah it’ll be interesting to see what Apple comes up with.
They’ve already got, you know, in your Apple phone, RF detection is already built in. Once they did that, it activated a lot of large investors, including Disney and Warner Brothers, and AT&T, and the sovereign wealth fund of SaudiArabia. Alan: Yeah it’ll be interesting to see what Apple comes up with.
Multiple trademark filings spotted by Bloomberg over the weekend support the notion that Apple’s long-rumored mixed reality headset will be running under the ‘Reality’ naming scheme. The report maintains Apple may be using a M2 SoC with 16 GB of memory. making it a mixed reality headset.
Apple’s highly anticipated mixed reality headset may now have a name, according to a Bloomberg report earlier this week. and global markets related to the device that were filed by Apple-affiliated firms. Australia, SaudiArabia, Costa Rica and Uruguay. Apple did not respond to our request for comment.
We organize all of the trending information in your field so you don't have to. Join 3,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content