Magic Leap

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AR/VR startups raised $3 billion last year led by a few industry juggernauts

 Tech companies working with augmented reality and virtual reality technologies raised more than $3 billion in venture funding in 2017. This data comes from analytics firm Digi-Capital and suggests that while the buzz surrounding the AR/VR space has tapered off, the sheer amount of cash getting pumped into the industry is continuing to surge. Read More

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After Magic Leap acquisition, Dacuda founder forms PXL Vision

 Swiss startup Dacuda’s 3D scanning division was acquired by Magic Leap in February, but it seems the company’s founder, Michael Born, is just getting started with computer vision. He and three others who didn’t go over to the much-hyped and intensely secretive AR company have formed a new one: PXL Vision AG, focused on real-time image classification and Read More

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Zuck says augmented reality will flourish on phones before glasses

zuck-ar-headset Snapchat selfie lenses and Pokemon Go, not Magic Leap and HoloLens. Smartphones are how Mark Zuckerberg sees augmented reality going mainstream, rather than potentially awkward headsets and glasses. That’s an important clue to how Facebook will adapt to this next computing platform. Yesterday on the call after Facebook’s sensational Q2 earnings report, Zuckerberg fielded what… Read More

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Is Virtual Reality Gaming Bound To Crash?

vr-flames Techies of all varieties constantly look forward to the next great revolution. For video gamers, that revolution promises to be virtual reality. Countless new companies have emerged to research and develop virtual reality hardware, while existing video game authorities like Sony and Microsoft are doing everything they can to push for faster development in their own organizations. But with so… Read More

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This Natural Language Interface Aims To Let Anyone Make Animations Jump

IK_INTiMATE UK-based animation tech and post-production effects studio iKinema has been demoing a natural language interface for controlling animations which CEO Alexandre Pechev reckons could prove its worth in a future of virtual and blended reality — assuming wearables like Magic Leap and Microsoft’s HoloLens make it big. Read More

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Magic Leap Announces Its Augmented Reality Developer Platform

Magic Leap Magic Leap wants game makers, filmmakers, and other creators to build augmented reality experiences on its platform, and today on stage at MIT Technology Review’s EmTech Digital conference, it announced how that will happen. Magic Leap is launching a development platform. It’s just opened a Developers section of its website where people can sign up for access to its SDK, which… Read More

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Magic Leap Secures $542M Led By Google For “Lightweight Wearable” Tech That Merges Physical And Digital Worlds

magic-leap It’s rare that a company can stay relatively secretive while raising a huge amount of funding, but Florida’s Magic Leap has managed that. The startup, led by CEO Rony Abovitz, announced today the close of its $542 million Series B, featuring investors led by Google, Inc., and including KPCB, Andreessen Horowitz, Obvious Ventures, Qualcomm and Legendary Entertainment.
The list of… Read More

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