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). 120 Hz refresh rate. 260g headset weight.

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XR Today - Mixed Reality tag

FEBRUARY 16, 2024

Magic Leap has also secured roughly $590 million through Saudi Arabia’s sovereign wealth fund this year, launching the firm’s valuation to more than $4.5 It allows users to walk around in a shared virtual environment without requiring a controller.

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The Ghost Howls

MARCH 18, 2025

Scoperlys parent company is owned by Saudi Arabias Public Investment Fund, meaning that Pokemon Go now belongs to the king of Saudi Arabia. Access to cameras will require the application to ask permission from the user (that so is in control). This will let Google enrich its content library pretty fast.

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The Ghost Howls

JANUARY 2, 2023

Image by HTC Vive). HTC’s new headset may be called Vive XR Elite. Thanks to the support of the community member Inscothen, I have discovered that the Korean website of HTC may have leaked the info about the upcoming headset that the company should unveil at this CES. Saudi Arabia fund gets control of Magic Leap.

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