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The XR Week Peek (2025.03.18): Niantic sells Pokemon Go, Meta released passthrough APIs, and more!

The Ghost Howls

Scoperlys parent company is owned by Saudi Arabias Public Investment Fund, meaning that Pokemon Go now belongs to the king of Saudi Arabia. This is something absolutely impossible to have with Unity or Unreal. For this purpose, it created a spin-off called Niantic Spatial which starts with $250M in funds.

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Magic Leap Raises $280M from Japanese Telecom NTT DOCOMO

Road to VR

The company’s penultimate investment round netted the AR startup $461 million in March 2018, led by Saudi Arabia’s sovereign investment arm. SEE ALSO Magic Leap is Giving Away 500 AR Headsets as Part of Epic's $100M Unreal MegaGrants. billion, according to Crunchbase.

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IGS 2022 Miami: XR Today Expert Round Table

XR Today - Mixed Reality tag

According to AlMuawad, Midwam’s solutions were key to developing Saudi Arabia as a strategic tech and metaverse incubator. Users could also choose where their avatars would interact with digital assets in different environments.

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The XR Week Peek (2025.02.25): Niantic may sell Pokemon Go, Meta announces $50M creator fund for Horizon Worlds, and more!

The Ghost Howls

Top news of the week (Image by Niantic) Niantic is evaluating selling its gaming division According to a report from Bloomberg, Niantic is in talks with Saudi Arabia-owned Scopely to sell its gaming division for $3.5 A new week, a new selection of XR news to read!

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Red 6 Pilots Laud Novel AR Air Combat Trainer

XR Today - Augmented Reality tag

The enterprise also struck a huge strategic partnership with Saudi Arabia’s Advanced Electronics in early May to train Saudi military personnel to pilot BAE Hawk Mk 165 fighter jets.