News tagged: Magic Leap
Magic Leap is said to be seeking a $500 million investment with a $6 billion valuation. That money would add to the $1.3 billion it's already raised from Google and others. Bloomberg says the startup, which is working on AR technology, could receive support from Temasek Holdings.
Some of Magic Leap's delays could be coming from a negative work environment, according to a lawsuit filed by Tannen Campbell, a former VP of marketing and brand identity for the company. The lawsuit alleges Magic Leap has fostered a sexist workplace.
Rony Abovitz, CEO of Magic Leap, has jumped into action to defend his company in the wake of a damaging leaked image. A photo posted by Business Insider over the weekend claimed to show "a working prototype" of Magic Leap's AR device. The device clearly wasn't consumer-ready.
An image of the Magic Leap's full setup has leaked for the first time. Business Insider published a photo of the system being worn by an unknown individual. From the angle of the image, we can see the Magic Leap's required head harness, shoulder straps, and backpack.
Magic Leap isn't very far along with its secretive augmented reality (AR) technology and it's at least years away from having a product on the market. The Information reports its current tech is less impressive than the HoloLens, yet the marketing is much grander.
Magic Leap has carefully kept its augmented (or "mixed") reality product under wraps, but we're nearing an unveil. According to Magic Leap CEO Rony Abovitz, the company plans to reveal its product to the public "soonish" and it has already set up production lines in the US.
Later this month, Lucasfilm and Magic Leap will open a partially secret lab that will focus on creating an augmented reality experience for Star Wars fans. A proof-of-concept video shows how Magic Leap's technology could be used to place C-3PO and R2-D2 in your home.
More than $1.1 billion has already been invested in the virtual reality and augmented reality sectors this year. Digi-Capital reports the majority of that, $793.5 million, was raised during a single Series C round for Magic Leap, a secretive AR startup.
Magic Leap, a startup working on augmented reality, has received a $793.5 million investment and the funding was led by Alibaba. The company has barely shown the public anything thus far, but it has attracted well over a billion dollars in funding from the likes of Google.
A clip of the augmented reality experience provided by Magic Leap has been released and it was shot directly through the system without any special effects or editing. In the demo, we see a floating robot and a model of the solar system in an office.
Magic Leap, one of the most interesting augmented reality companies that's also funded by Google, has announced an SDK for AR apps. The company is now going to let third-party developers explore its platform. Magic Leap is trying to attract various content creators.
There is still not a whole lot known about Magic Leap, an augmented and virtual reality company backed by Google, but a new video does reveal what using the device will be like. Magic Leap's video shows off the user interface, some apps, and gaming. A user...
If you want to throw up, the Microsoft HoloLens is for you. Magic Leap founder Rony Abovitz says HoloLens will have the same problems as current virtual reality devices: it will throw people off and make them nauseous. Abovitz has other reasons to criticize HoloLens.
The rumors were correct, Google is officially leading a $542 million funding round for augmented reality company Magic Leap. Rumors had stated the round would be $500 million and be led by the tech company, so those reports were basically correct. Magic