The Ghost Howls
MARCH 18, 2025
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.
Upload VR
MAY 30, 2024
Samsung is also building a headset with Google powering the software, but Samsung's device is expected to be a VR-style headset with passthrough cameras like Apple Vision Pro and Meta Quest 3. If you're unfamiliar, Magic Leap is an AR headset company, majority owned by Saudi Arabia since last year. Why Magic Leap?
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Upload VR
JANUARY 18, 2024
Saudi Arabia-owned Magic Leap took $500+ million more from the "sovereign" investment arm of the state to continue developing its technologies for transparent optical AR. Apple's passthrough magic might help explain why the industry is making such big shifts before this $3,500 spatial computer even ships.
XR Today - Mixed Reality tag
FEBRUARY 16, 2024
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.
XR for Business Podcast
MAY 13, 2019
Once they did that, it activated a lot of large investors, including Disney and Warner Brothers, and AT&T, and the sovereign wealth fund of Saudi Arabia. Google put in 500 million dollars. They also have the largest investment companies in the world investing in them and they don’t expect to make money for at least 10 years.
XR for Business Podcast
MAY 13, 2019
Once they did that, it activated a lot of large investors, including Disney and Warner Brothers, and AT&T, and the sovereign wealth fund of Saudi Arabia. Google put in 500 million dollars. They also have the largest investment companies in the world investing in them and they don’t expect to make money for at least 10 years.
XR Today - Mixed Reality tag
JULY 11, 2022
The XR Bootcamp has been lauded for its efforts to back global XR movement with partners such as Hewlett-Packard (HP), Samsung, Snap, Accenture, Autodesk, USC and Carnegie Mellon University, and many others. XR Initiatives Build Roadmap for DE&I Talent.
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