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MagicLeap, the multi-billion dollar AR startup, could be exploring the possibility of a sale, a Bloomberg report maintains, citing people familiar with the matter. The company’s deep pockets funded the release of MagicLeap 1, an AR headset targeted at developers, enterprise, and anyone with $2,300 to spare.
HoloLens 2 and MagicLeap saw the most attention, including the addition of Azure Spatial Anchors, Microsoft’s cross-platform system which enables shared augmented spaces across devices. was released and saw a host of improvements, especially to HoloLens 2 and MagicLeap. Image courtesy Microsoft.
.” With the entrance of Apple Vision Pro, one such entity to follow suit is Stryker’s Mako , a robotic surgery group initially founded as a standalone company by Rony Abovitz, the founder and first CEO of AR unicorn MagicLeap. And that’s in spite of its $3,500 price tag.
I thought it would have taken me a lot before I would be able to try the MagicLeap One , but luckily this has not been the case. At a certain point, I asked him: “oh, you said me that you have tried MagicLeap… how is it?” The three component of the MagicLeap One. I was amazed.
This week has mostly been in the sign of Oculus, with many news and updates from the brand controlled by Facebook. Image by MagicLeap). MagicLeap 2 is coming in Q1 2022. Even if most of this roundup will be about Oculus, I have decided to put another brand on top of it and it is MagicLeap.
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.
Image by Oculus). Facebook is working on a new version of the Oculus Quest. According to a report by Bloomberg, Oculus is working on a new Oculus Quest model, and it has already done prototypes that are lighter and more powerful than the current device. Image by MagicLeap). Top news of the week.
In terms of compatibility, the platform is cross-compatible with nearly every major VR & AR device, including the HTC Vive, Oculus Quest 2, Microsoft HoloLens 2, as well as AR-enabled iOS and Android devices; it’s never been easier to take your friends’ money!
MagicLeap is one of the most well-funded startups in history, boasting $2.6 A new report from The Information however alleges that the company has seen sluggish sales of its MagicLeap One AR headset, something that reportedly only sold 6,000 units in the first six months following its August 2018 launch.
Oculus Quest gets hand tracking. Last week, the runtime v12 of Oculus Quest has been rolled out , and this took with it lots of interesting updates. To start, now the Oculus Link is more stable and it is compatible with some AMD GPUs. Oculus Quests have started getting vocal commands in the menu. Top news of the week.
The standard has been in development since April 2017 and is presently supported by virtually every major hardware, platform, and engine company in the VR industry, including key AR players like MagicLeap. Oculus says they plan to provide runtime support for apps built for OpenXR on Rift and Quest later this year.
He has a very interesting working story, having worked for great companies like Microsoft and Fast Company. In the interview with me, he talked about many topics, like the rumors he heard on Apple Glasses, on the Oculus Quest 2 , the America vs China war, XR entrepreneurship, Tesla, and more! PRNewsfoto/BadVR).
Microsoft’s enterprise-focused HoloLens 3 may be dead in the water, as a recent report maintains that internal divisions have hobbled the company’s efforts to release its next AR headset as planned. Alex Kipman wearing HoloLens 2, Image courtesy Microsoft. Microsoft Responds.
The standard has been in development since April 2017 and is presently supported by virtually every major hardware, platform, and engine company in the VR industry, including key AR players like MagicLeap. Oculus has committed to bringing OpenXR runtime support to both Rift and Quest later this year. The post OpenXR 1.0
Khronos Group , the consortium behind the OpenXR project which aims to standardize the way applications communicate with AR and VR headsets, just added Microsoft to its ranks. Among its count of members, the OpenXR working group consisted of nearly every major player in the industry except Microsoft until now.
Microsoft, Qualcomm and MagicLeap announced a partnership to “guide the evolution” of the Mixed Reality Toolkit (MRTK), a cross-platform AR/VR development framework which has now gone open-source. The committee says more devices are “coming soon,” one of which will likely be the MagicLeap 2 AR headset.
The company offers access to one of the most affordable and flexible VR headsets on the market in the form of the Oculus Quest, allowing all businesses, large or small to explore virtual reality. Additionally, Microsoft Mesh also integrates with Microsoft Teams for collaboration. MagicLeap.
Image by MagicLeap). MagicLeap may be in trouble, but its CEO remains confident. Some weeks ago, I’ve reported of rumors about MagicLeap being in big trouble and having assigned all its patents as collateral to bank JP Morgan, probably because it is looking for a loan or to raise a round E.
Last week industry legend and current Oculus VR CTO John Carmack sat down with stand-up comedian and podcast icon Joe Rogan for Episode #1342 of the immensely popular Joe Rogan Experience podcast. He also references the success of the Microsoft HoloLens within various fields of enterprise. . Image Credit: Joe Rogan Experience. [
Founded in 2016 by Anand Agarawala and Jinha Lee, the company’s social AR/VR workspace has since gone on to include support for Microsoft HoloLens 2, Oculus Quest, MagicLeap 1, Qualcomm XR2, Android/iPhone mobile device and traditional monitors. Million.
At least from the outside, it appears Microsoft isn’t actively competing for a seat at the XR table, which is fairly odd coming from a company that pioneered enterprise AR while simultaneously wrangling some of its top OEM partners to make a fleet of PC VR headsets for consumers in 2017. If Microsoft goes in half-cocked, maybe.
MagicLeap. MagicLeap has quickly emerged as one of the major market leaders in the Augmented Reality hardware environment. Introducing consumers and businesses to a new generation of smart headsets, MagicLeap allows for the convenient alignment of digital and physical experiences.
To experience the magic in VR or AR, visit the same link via a WebVR compatible headset, such as the Oculus Quest, or a dedicated AR headset like the Microsoft HoloLens 2 or MagicLeap One.
The funding round was led by Europe’s most active proptech VC, Pi Labs, with participation from Silicon Valley-based commerce experts Sugar Capital and deep tech specialists 7Percent Ventures – one of the first backers of Oculus VR – alongside several notable angel investors.
Spatial is currently available on the Oculus Quest/Quest 2 , Microsoft HoloLens/HoloLens 2 , MagicLeap , Nreal Beta , and compatible web browsers. We expect that some users will go on to a fully immersive headset experience as hardware continues to become more affordable for the mass market.”.
Meta is also the company behind Oculus, one of the more accessible and affordable VR headsets on the market. Similar to Meta, Microsoft has made some significant investments into the XR landscape in the last couple of years. MagicLeap. The company could even be the organization behind the new era of “Metawork”.
But it is very interesting , because it will touch a lot of hot topics, like: Data visualization in XR; MagicLeap; Being a woman working in XR; How is XR in Asia. Today the interview will cover the first two topics: dataviz in VR thanks to BadVR solution and MagicLeap. and many other interesting stuff!
nReal has been sued by Epic Games for the name too similar to Unreal and by MagicLeap that claims that nReal CEO Chi Xu has stolen the technology of the American company while working there. No one from MagicLeap or nReal is authorized to talk about this topic, so I won’t address it here.
Yesterday I was reading the comments on Reddit regarding my post with the predictions for Oculus Connect 5 and the kind redditor /u/SilverWhite2 provided me the link to the latest available patent with the design of Santa Cruz. Front view (Image by Oculus). Rear view (Image by Oculus). Top view (Image by Oculus).
Ready At Dawn was already collaborating with Oculus since various years, so this is not surprising. Content is the king, and Facebook knows it needs great content of its own to fight Microsoft, Sony, and the other big brands for the domination of the VR sector. Nreal wins first round against MagicLeap in the IP theft trial.
Image by MagicLeap). MagicLeap pivots to enterprise, lays off 1,000 employes. With a long post on MagicLeap’s blog, in the end Rony Abovitz has admitted that the company is not going that well, and has announced a new course, that should eventually lead to MagicLeap 2. Top news of the week.
Image courtesy ‘WalkingCat’ The AR glasses appear to be tethered on the left temple, suggesting it could have a dedicated compute unit that users can pocket, such as MagicLeap 1. Before their official announcements, the user revealed Oculus Quest 2 , HP Reverb G2 and HoloLens 2.
Meta (Oculus). With the Oculus ecosystem, schools and professional training companies alike are beginning to scale their virtual curriculums for a wide range of use cases. Perhaps the biggest company in the mixed reality landscape right now, Microsoft is paving the way to a future of incredible hybrid learning. MagicLeap.
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.
Last Monday, I walked three blocks uphill on Mason St in San Francisco to the Fairmont Hotel to demo a stealth product that had been touted to me as one of the biggest advancements in XR tech this side of MagicLeap. Comparison shot of Varjo Bionic display and Oculus Rift display. You can read writing from across the room.
In the video provided, Huaishu wears an Oculus Rift headset outfitted with an Ovrvision stereo camera as he designs a 3D model of a teapot in a 3D space using a pair of slightly-altered Oculus Touch controllers.
Image by MagicLeap). MagicLeap has sold units of its first device for $550. MagicLeap has decided to put on sale its remaining units of the MagicLeap 1, its previous device, for just $550 , which is something like a -75% discount on its standard retail price. News worth a mention.
Oculus devices will require a Facebook login. The enormous piece of news of the week is tha t Facebook has communicated that from October, 20th, all people that want to use an Oculus device for personal use will have to use their personal Facebook account to log in. Top news of the week. Image by Tweakanalogy). The same on Twitter.
MagicLeap 2 bridges AR and VR. The interest in MagicLeap 2 is growing. If headsets like Lynx or Project Cambria implement AR on a VR headset, MagicLeap 2 implements a bit of VR on an AR headset. The object is not reconstructed as a 3D mesh, but the system calculates all the possible views of it via AI.
When MagicLeap One was revealed, Rony Abovitz stated he was already working on MagicLeap Two and Three, for instance; Facebook believes a lot in having avatars that truly represent ourselves in XR , and it is a field in which they will invest a lot. Read about Microsoft’s Ignite conference. Some XR fun.
Within VR, IDC projects the greatest growth for standalones like Oculus Quest and VIVE Focus. Oculus Quest — the fastest growing standalone — sold about 425,000 units in 2019 according to our calculations. Microsoft committed 100,000 units to the U.S. This category includes Magic, Leap One and Nreal Light.
Oculus Go price cut down to $150. Facebook has permanently cut down the price of the Oculus Go to $150 , the same price that made it sell incredibly well on Amazon during the Cyber Monday. More info (Oculus Go price cut) More info (Xiaomi laying off the team dedicated to Go). Microsoft admits display problems on HoloLens 2.
The Reality Labs division develops and manufactures Meta’s VR headsets, such as the Oculus Quest 2. Microsoft first announced its acquisition in 2022. At the time, Satya Nadella, Chairman and Chief Executive of Microsoft, said that the gaming industry plays a “key role in the development of Metaverse platforms.”
The first interesting forecast is about the number of sold Oculus Quest 2 headsets. and also why the $2+B investment in MagicLeap was not enough to bring it to success. Microsoft too had to lose $10B to let Xbox enter the gaming console market and compete with PlayStation. Image by Microsoft). Judge James E.
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