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A report from the Financial Times maintains Meta is currently in talks with AR headset creator MagicLeap to strike a multiyear deal, which could include intellectual property licensing and contract manufacturing of AR headsets in North America. Its majority stakeholder is SaudiArabia’s state-owned sovereign wealth fund.
MagicLeap, the storied unicorn developing enterprise AR headsets, announced at CES 2023 that its flagship device MagicLeap 2 earned a certification that clears it for use in the operating room. It has since released MagicLeap 2 , which is largely targeted at enterprise.
MagicLeap has entered a "multi-faceted, strategic technology partnership" with Google. The companies say the partnership will combine MagicLeap's "leadership in optics and manufacturing" with Google's "technology platforms". Google was an initial investor in MagicLeap, leading a $542 million funding round back in 2014.
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 has announced on Tuesday the release window for its sophomore augmented reality (AR) headset. The firm is making the MagicLeap 2 product commercially available on September 30 this year. MagicLeap will also debut the device in Japan and Singapore later this year.
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.
Many products showcased at the conference included flagship releases of VR headsets and solutions such as the Meta Quest Pro, MagicLeap 2, Lenovo ThinkReality A3, and AT&T’s Volumetric Video Photo Booth, among many others. Live translation software would also facilitate such measures, allowing unprecedented interactions.
But there’s gonna be the makers of the of the actual hardware, but then there’s going to be solutions providers, like companies like Upscale, where they’re actually providing kind of the software back-end and other companies– Charlie: They are Reflect. ” Alan: Got it. Google put in 500 million dollars.
But there’s gonna be the makers of the of the actual hardware, but then there’s going to be solutions providers, like companies like Upscale, where they’re actually providing kind of the software back-end and other companies– Charlie: They are Reflect. ” Alan: Got it. Google put in 500 million dollars.
But we still learned something new, like the fact that there are 3 possible storage options (from 128GB to 1TB), that it has 16GB RAM, and that it uses the M2 chipset with 10 GPU cores. On the software side, it supports AirPlay , so you can make other people see what you are doing in the headset if you want.
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