Remove HTC Remove Magic Leap Remove Saudi Arabia
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What is the Influence of Major Corporations in XR and Spatial Computing?

XR Today - Mixed Reality tag

The Future of Magic Leap After Ross Rosenberg was appointed Magic Leap’s CEO in October 2023, the company has since focused on its enterprise roadmap for 2024; targeting its XR devices towards enterprise and industrial clients. Magic Leap started to understand that these walled gardens are not their future.

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Saudi Arabia’s Public Investment Fund Takes Control of Magic Leap

XR Today - Augmented Reality tag

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). A 16GB computing pack.

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IGS 2022 Miami: XR Today Expert Round Table

XR Today - Mixed Reality tag

Many products showcased at the conference included flagship releases of VR headsets and solutions such as the Meta Quest Pro, Magic Leap 2, Lenovo ThinkReality A3, and AT&T’s Volumetric Video Photo Booth, among many others. Face tracking and camera resolutions need to improve.

Miami 85
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The XR Week Peek (2023.01.02): HTC’s new headset is the Vive XR Elite, Meta buys Luxecel, and much more!

The Ghost Howls

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.