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The AR unicorn is said to possess valuable IP regarding custom components, including its optics, waveguides, and software. Its majority stakeholder is SaudiArabia’s state-owned sovereign wealth fund. It’s said a potential deal may also allow Meta to lessen its reliance on China for component manufacturing.
By and large, this gives software developers a non-inconsequential inroad into gaining FDA certification for apps that could be used during surgery, and not just for pre-surgical training. It has since released Magic Leap 2 , which is largely targeted at enterprise.
Scoperlys parent company is owned by SaudiArabias Public Investment Fund, meaning that Pokemon Go now belongs to the king of SaudiArabia. Niantic will now focus all its efforts on its geospatial tech , which mixes AI, AR, spatial intelligence, and geolocation.
RealWear has strengthened a partnership with a video enhancement software firm to create new video solutions for frontline workers. Founded in 2007, Sweden-based Vidhance specialises in software that improves video quality in devices, including smartphones, AR wearables and small sensors.
To close 2022, Magic Leap’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).
ARway to Expand into Enterprise The news comes after ARWay announced that various enterprise end-users are adopting its AI-powered software as a service ( SaaS ) immersive product. ARWay has also partnered with leaders in SaudiArabia to introduce its AR solutions to the region. With ARway V3.0,
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 SaudiArabia since last year. Why Magic Leap?
AR-wayfinder service provider ARWay recently announced that various enterprise end-users are adopting its AI-powered software as a service (SaaS) immersive product. ARWay also partnered with leaders in SaudiArabia to spread its AR solutions to the region.
Hardware distributor Insight is handling the release of the Magic Leap 2 and in September, the device will drop globally in Canada, the United Kingdom, Germany, France, Italy, Spain, and SaudiArabia. Magic Leap will also debut the device in Japan and Singapore later this year.
Last week, RealWear also announced an enhanced partnership with Vidhance, a video enhancement software firm, to develop new video solutions for frontline workers. Therefore, it is a popular choice in the oil and gas industry, with significant pre-orders coming from over a dozen countries, including SaudiArabia.
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.
The news comes after the XR firm launched the virtual and augmented reality (VR/AR) workplace training platform, the PIXO Apex, to boost the availability of its cutting-edge software products. Sean Hurwitz, PIXO Founder and Chief Executive , said, “This injection of capital allows us to continue to improve our first-of-its-kind platform.
Lockheed planes such as the T-50 will receive enhancements with Prepar3D software simulator suite to support training programmes for the fighter jet. Also, SaudiArabia’s Air Force has received Red 6’s solution to empower its fighters with next-generation immersive trainer technologies.
The XR Center and existing collaboration with NEST will now see EON Reality’s Kuwait location serve as the global company’s base of operations for the GCC — an area which also includes Bahrain, Oman, Qatar, SaudiArabia, and the United Arab Emirates.
All the kids wore glasses full-time, but 51 of them also watched one hour of TV shows modified by Luminopia’s software six days per week for 12 weeks. . One study conducted in a hospital in SaudiArabia surveyed 37 families with children who were using eye patches to treat amblyopia. lines on a standard eye chart, compared to.8
Magic Leap has also secured roughly $590 million through SaudiArabia’s sovereign wealth fund this year, launching the firm’s valuation to more than $4.5 The software does it all for me. This funding will support Magic Leap’s “Chapter 3” roadmap of delivering enterprise-grade XR solutions.
Thierry Klein : The development of immersive applications will be fueled by innovation in key technologies such as semiconductors, software, artificial intelligence (AI), machine learning (ML), the cloud, VR/AR/XR, and 5G/6G. TeamNokia successfully concluded #LEAP2023 in SaudiArabia. It’s a wrap!
Artists previously used very expensive hardware and software to create digital assets, namely with delayed throughput. According to AlMuawad, Midwam’s solutions were key to developing SaudiArabia as a strategic tech and metaverse incubator. Didimo’s technologies eliminated this by producing avatars “at scale.”
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.
Advanced Skills in Software Applications Development. Skills taught included: General knowledge in area of VR/AR projects. 3D Content Creation Process. Animation techniques for 3D interactive content. Logic in 3D interactive content development. Development of 3D applications for mobile devices. Immersive Systems Development Techniques.
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The software system includes movie special effects action editor, movie player, synchronization control system, action special effect system and environmental special effect system. Other auxiliary equipment: control software, stereo glasses, connecting pipelines, hangers, etc. Create a three-dimensional audio-visual space.
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According to data released by the Entertainment Software Association, nearly 227 million Americans play video games every week, including two-thirds of adults and three-quarters of children under the age of 18. About 55% of men and 45% of women play video games, and the average age of video game players is 31.
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The Digit Group , a New York City-based firm, has developed smart city planning solutions and technological integrations, leading to the development of massive infrastructure projects like SaudiArabia’s NEOM megacity. For software, they were working with startup companies like Microsoft and Adobe.
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