Remove HTC Remove Samsung Remove Saudi Arabia
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The XR Week Peek (2025.03.18): Niantic sells Pokemon Go, Meta released passthrough APIs, and more!

The Ghost Howls

Scoperlys parent company is owned by Saudi Arabias Public Investment Fund, meaning that Pokemon Go now belongs to the king of Saudi Arabia. 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.

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What is the Influence of Major Corporations in XR and Spatial Computing?

XR Today - Mixed Reality tag

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 At CES 2024, Kevin got an in-person view of many headsets XR devices; he explains: One thing I did see from Samsung in their [CES] booth was they had a 3D monitor.