Since the start of 2023, Saudi Arabia’s Public Investment Fund has injected $750 million into Magic Leap Inc. The 14-year-old augmented-reality company that’s still searching for a workable business ...
The tech company, now owned by Saudi Arabia's Public Investment Fund, today revealed a prototype for a pair of Android XR smart glasses made as a "reference design for the Android XR ecosystem," and ...
Magic Leap Inc., the heavily funded mixed reality startup, has reportedly laid off its sales and marketing teams. Bloomberg today cited sources as saying that the restructuring affected about 75 ...
The once-high-flying AR startup laid off its entire sales and marketing division this week, or about 75 people, several sources tell me. (Amazingly, Magic Leap had about 1,100 full-time employees ...
Magic Leap announced this week at the Future Investment Initiative (FII) in Riyadh, Saudi Arabia its latest AR hardware plans along with a renewed partnership with Google. Google and Magic Leap ...
AUSTIN, Texas--(BUSINESS WIRE)--Magic Leap today announced it has signed an agreement with Pegatron, a leading global electronics manufacturer, to collaborate on the production of augmented reality ...