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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
To close 2022, MagicLeap’s leadership team underwent a major restructuring following a significant investment from SaudiArabia’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.
MagicLeap , a leading manufacturer of augmented reality (AR) headsets, announced at the Consumer Electronics Show (CES) 2023 fresh updates on its collaboration with industry verticals. The news comes as the firm partnered with SentiAR to link physicians with data displayed on the MagicLeap 2 headset.
This week, AR headset vendor MagicLeap 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 MagicLeap’s valuation to more than $4.5
ARway.ai, a firm working with various XR device leaders, such as Apple and MagicLeap, 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.
SaudiArabia, UAE Lead MENA Region in XR Telehealth The news comes as the Saudi and Dubai governments aim to cement positions as top tech hubs in the region and worldwide. Saudi Aramco, the world’s biggest energy supplier, became a top funder for immersive firm PIXO XR to train and upskill workers in the country.
MagicLeap, the renowned AR headset vendor, has recently received a staggering $590 million in funding from SaudiArabia's sovereign wealth fund. This injection of capital has propelled MagicLeap's valuation to over $4.5
On Apple Vision Pro, it is a dial on top that jogs you along the spectrum of immersion so quickly it feels like magic. Apple's passthrough magic might help explain why the industry is making such big shifts before this $3,500 spatial computer even ships. Microsoft formally killed its PC VR platform.
The Future of MagicLeap After Ross Rosenberg was appointed MagicLeap’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. MagicLeap started to understand that these walled gardens are not their future.
The Immerse Global Summit (IGS) 2022 took place in Miami 5 to 7 December, and concluded its final days in the sunny backdrop of Miami Beach’s historic Fontainebleu Hotel. Allen discussed the benefits of immersive learning platforms, citing a company study on the return on investment (ROI) for clients via VR training.
In other words, think about it on a spectrum of immersion… although that doesn’t really make sense. Alan: So speaking of looking into the future, somebody else who’s kind of looking to the future that you’ve been covering in your Forbes articles is MagicLeap, and their CEO, Rony. Alan: Incredible.
In other words, think about it on a spectrum of immersion… although that doesn’t really make sense. Alan: So speaking of looking into the future, somebody else who’s kind of looking to the future that you’ve been covering in your Forbes articles is MagicLeap, and their CEO, Rony. Alan: Incredible.
SaudiArabia fund gets control of MagicLeap. SaudiArabia’s sovereign wealth fund, Public Investment Fund (PIF) has just taken a stake of more than 50 percent in MagicLeap. For sure this is much more immersive than just seeing a player play a VR game on a 2D flat video. More info.
Plus Apple is proposing some special content in its Immersive Video format, which is a high-definition version of the usual 180 3D. Disney+ will be available on the device, and you will be able to watch Disney movies in 4 marvelous immersive environments. So at launch, there will be 150 3D videos on Apple TV.
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