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Image by MagicLeap). MagicLeap is on sale. A report on Bloomberg informed us all that MagicLeap is exploring a sale of the company. The sales never skyrocketed and now MagicLeap is in desperate need of cash , after many layoffs, disappointing sales, and having put its IP as collaterals to a bank.
It looks like MagicLeap could be gearing up to jump into the world of mobile AR, as the company recently published a job listing for a senior software engineer who will be tasked with building “a cross-platform framework that enables large scale shared AR experiences between mobile devices (iOS, Android) and MagicLeap devices.”
Image by MagicLeap). MagicLeap looks for a $100-million deal to save itself. Some reports by Business Insider and The Information talk about the current situation of MagicLeap, that seems always more complicated. More info (MagicLeap trying to raise $100M) More info (MagicLeap timing for the future).
The event, one of the world’s biggest trade shows for videogames and associated technology, had little for XR enthusiasts. One of the big events at this year’s E3 was the Unreal Garden and, if you weren’t at E3, you may still be able to see it. What Is the Unreal Garden? That is, in terms of speakers and title releases.
With $100 million in grant funding already available to developers via its MegaGrants program, Epic Games is sweetening the pot with some gear for MagicLeap developers. Developers can apply online, with Epic judging the applications based on merit.
Will MagicLeap 2 AR Glasses Lead the Way to the Metaverse? When MagicLeap released a preview of its new AR glasses, MagicLeap 2, we discussed whether the hardware will attract consumers to the metaverse. Dive Into a Hyper-Realistic Metaverse Built on Unreal Engine.
AWE Day Two Keynotes Day One kickstarted the keynotes, but AWE Day Two saw exciting presentations and announcements from MagicLeap and Niantic. “The small team at MagicLeap has made something that many larger companies are still struggling to achieve.”
Immerse 3D is available for smartphones, HoloLens, and MagicLeap. The MetaHuman tool is powered by the Unreal Engine. This addition is to make the app usable for more than just professional meetings, but also for personal or casual events as well. The event is designed to honor achievements in immersive web development.
“Varjo Reality Cloud is our platform that will allow the ultimate science fiction dream – photo-realistic teleportation – to come true,” CTO Urho Konttori said in a launch event last summer. As this article was being written, Varjo further expanded its cloud with Unreal and Unity engine integrations. CloudXR From NVIDIA.
MagicLeap has just organized its first developers’ event, dubbed “L.E.A.P.” It is the first event of this kind organized by MagicLeap: we can say that LEAP Con is like the Oculus Connect of MagicLeap and will probably become always more important, year after year, exactly as it has happened to Oculus.
Unreal SDK. Tim Sweeney, the CEO of Unreal, has made a fast appearence at the event, saying that finally it will be possible to develop for HoloLens also using Unreal Engine. In this sense, MagicLeap is doing a better job, providing games and creative experiences. Full specs.
Unreal Engine eXtended Reality (XR) Technology Platforms | Source: [link] How to Select Extended Reality (XR) Toolkit? ? AR Foundation includes core features from ARKit, ARCore , MagicLeap , and HoloLens , as well as unique Unity features to build robust apps that are ready to ship to internal stakeholders or on any app store. ?
More info (My summary of the event) More info (HTC’s 2-minutes video of the event) More info (HTC’s vision of the office of the future) More info (Actual prototype of the office of the future) More info (Qualcomm teasing new XR2 standalone headsets). Come and watch my talk on “The Five Senses of XR” at the Dimensions XR 2020 event!
XR Today spoke to Brian Vogelsang, AR Product Leader at Qualcomm , on the sidelines of the event about ongoing updates with its latest product release, the Snapdragon AR2 platform. Other devices from MagicLeap and Microsoft’s HoloLens headsets offer deeper levels of immersion.
Until recently, Brian Kane has been highlighting more experiential demos - like one that puts a porthole to the ocean in your living room - to highlight the power of the MagicLeap, and of spatial computing in general. MagicLeap is one of these MagicLeap devices, you put it on, and your whole world is spatial computing.
The German auto manufacturer evaluates design features in virtual reality before building prototypes in actual reality, using the famous high-quality physics-based rendering power of Unreal for the game engine and using the HTC Vive for the VR hardware. THE SURVEY SAYS: PEOPLE LOVE THEIR VR DEVICE.
According to a release shared with ARPost, the name change had to do with “disputes regarding the Nreal mark” (probably how similar it was to “Unreal”). Day two kicks off with keynotes by MagicLeap and Niantic , there are more talks, more panels, more AI, and the Expo Floor opens up for demos. We’ll see you tomorrow.
The event also kicked off a series of stellar keynote speeches, workshops, product demos, and other feature presentations for the global tech industry. He stated rooom also aimed to offer products across verticals, rather than salespeople showcasing devices at physical events.
During the launch, the following details were laid out by Jio: Focus on collaboration Product weight of 75 grams ‘Personalized’ audio features Support for over 25 applications A few other details emerged during the course of the event too. Devices such as the MagicLeap and the Hololens rely on Waveguide optics.
Following the event, several global executives from the immersive tech industry weighed in on the device. This could actually be quite beneficial for Meta, Microsoft, and MagicLeap. It will also find early success among corporate entities, such as companies and event organizers. Brian Meaney , Head of Product, Alteon.io
The annual GTC event for NVIDIA has been a blast. Other relevant news. Image by NVIDIA). At GTC, NVIDIA introduces new RTX40 graphics cards and much more. Doing its keynote on video, CEO Jensen Huang introduced the new RTX4080 and RTX4090 graphics cards, which are based on the new Ada Lovelace architecture.
As with every big event, I’m writing a post to try to summarize the most important news that have come out from the GDC 2018 … so that if you have lost something, you just need to read this post to get in par with the rest of the world. MagicLeap releases its SDK. So, are you ready? Let’s start!
Unreal Engine and Photoshop), as it happens in Google Docs when many people edit the same document at the same time. If the numbers are real, they are impressive: HoloLens 1 sold 50,000 headsets worldwide during its lifetime, MagicLeap has sold less than 10,000 glasses… and these companies had bigger funding than Nreal.
Me trying a zSpace system in an event in Taipei. The event was very interesting, and I exchanged dozens of business cards, but I returned home with actually zero new customers. Attending VR events, getting likes on VR magazines is nice, for sure gives you reputation, and makes you create connections but doesn’t give you much advantage.
What is interesting the most of this announcement is that in the invitation to the event it is stated “Join us to begin a new chapter of virtual and augmented reality”. MagicLeap is suing nReal. MagicLeap has sued Chi Xu, the founder of nReal. Yes, you’ve read it well. Augmented Reality.
It may expand upon this YouTube update during Connect 2024 – the company’s yearly showcase event – with the direct support of 8K hardware streaming. The OpenXR API plays a crucial role in many XR headsets from vendors such as Acer, ByteDance, Canon, HTC, MagicLeap, Meta, Microsoft, Sony, XREAL, Qualcomm, Valve, and Varjo.
Most people know Xu due to his dispute with American virtual reality company MagicLeap. In June 2019, MagicLeap accused Xu of stealing AR glasses technology when he was an engineer working at the firm. Before his entrepreneurial work, Mahajan was an engineer at Epic Games on the Unreal Engine and Gears of War.
And a lot of businesses spend tens, hundreds of millions of dollars schlepping around big, heavy, dangerous stuff to trade shows, to customer events, to do demos. We do projects on the MagicLeap. You need somebody who understands Unreal or Unity. They’ve never been easier to use. We do projects on the Go.
We have little conversations in the hallway before or after the event. Both the Hololens 2 and the MagicLeap are shipping with eye tracking. I’ve done conferences in VR where I’m speaking to 200 people, and I feel like I’ve met some of these people. And it feels like you’ve been there. Kent: Yeah.
And a lot of businesses spend tens, hundreds of millions of dollars schlepping around big, heavy, dangerous stuff to trade shows, to customer events, to do demos. We do projects on the MagicLeap. You need somebody who understands Unreal or Unity. They’ve never been easier to use. We do projects on the Go.
We have little conversations in the hallway before or after the event. Both the Hololens 2 and the MagicLeap are shipping with eye tracking. I've done conferences in VR where I'm speaking to 200 people, and I feel like I've met some of these people. And it feels like you've been there. It's amazing. Kent: Yeah.
And a lot of businesses spend tens, hundreds of millions of dollars schlepping around big, heavy, dangerous stuff to trade shows, to customer events, to do demos. We do projects on the MagicLeap. You need somebody who understands Unreal or Unity. They've never been easier to use. We do projects on the Go. John: [laughs].
We have little conversations in the hallway before or after the event. Both the Hololens 2 and the MagicLeap are shipping with eye tracking. I’ve done conferences in VR where I’m speaking to 200 people, and I feel like I’ve met some of these people. And it feels like you’ve been there. Kent: Yeah.
It is a big showcase demo for its Unreal Engine 5, and I have to say it is pretty impressive. Snap has organized this week an event called Lens Fest that has gathered lots of AR creators. MagicLeap rebrands and kills the whale. Epic Games releases Matrix Resurrections tie-in experience.
Many game engines – such as Unity, Unreal and SteamVR- immediately support it. They rely on the operating system to convert mouse data into the double-click event. MagicLeap is not commercial yet. We worked with several goggle manufactures to create plugins for their products. Others did this work themselves.
Apple appears to be very close to announcing an immersive product, with the leading computing firm prompting AR/VR/MR outlets to cover the event. During the Build event, Microsoft officially launched Avatars for Teams , its immersive dial-in feature for its leading video conferencing service.
Before starting with the summary of the news of this amazing week, let me invite you all to subscribe to the FREE Awe Nite Florence Event that will happen this Thursday at 5 pm CEST and that will feature amazing hosts like Pico, VisionAR, and JoinPad! Here you are the link to the event, subscribe now!
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