Magic Leap

Magic Leap

Magic Leap Won’t Make a Consumer Headset but May License Tech to Someone That...

Magic Leap just gave us the first glimpse of its Magic Leap 2 AR headset earlier this week. Despite a consumer-focused start, the company...

CEO Shares First Details on Magic Leap 2, Announces $500 Million in New Funding

Magic Leap today announced that it has raised $500 million in new capital at a $2 billion valuation. This comes ahead of the launch...

Magic Leap Teases Its Next-gen AR Headset for Enterprise

Magic Leap hasn't come out with new hardware since it launched its seminal AR headset in 2018, Magic Leap 1. Now it seems we're...

Microsoft Exec Peggy Johnson to Take Over as CEO of Magic Leap

Peggy Johnson, Microsoft's Executive VP of Business Development, is slated to take the reins as the new CEO of Magic Leap, effective August 1st. This...

Magic Leap Founder Rony Abovitz to Step Down as CEO

Magic Leap pivoted to the enterprise space recently after an extended lukewarm reception by consumers for its $2,300 AR headset. Amid the coronavirus pandemic,...
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Physics Simulator ‘Universe Sandbox’ Comes to Magic Leap 1

Universe Sandbox, the physics-based space simulator from Giant Army, made a splash on PC back in 2015, later getting VR support so you could physically smash...

Report: AR Startup Magic Leap is Looking for a Buyer

Magic Leap, the multi-billion dollar AR startup, could be exploring the possibility of a sale, a Bloomberg report maintains, citing people familiar with the...

Magic Leap 2 Planned for Launch in 2021, Targeting Enterprise & Prosumers

Magic Leap's next-gen AR headset, Magic Leap 2, is officially slated to launch sometime in 2021. Company founder and CEO Rony Abovitz says in...

Report: Magic Leap Sees Sluggish Sales Numbers Amidst Latest Funding Round

Magic Leap is one of the most well-funded startups in history, boasting $2.6 billion in overall funding—and that's before calculating its latest financing round, the...
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Insomniac Releases ‘Strangelets’ on Magic Leap One, Its Final Indie Project

Insomniac Games, the studio behind VR games Stormland (2019) and The Unspoken (2017), announced its acquisition by Sony Interactive Entertainment back in August, and while we imagined their...

Magic Leap Releases Toolkit With Pre-built Components for Easier AR Development

Magic Leap has released a new set of development components in a 'Magic Leap Toolkit' (MLTK) which includes a slew of pre-built tools which...

Magic Leap Update Brings Hand Occlusion, Expanded Multiplayer Support & More

Despite securing $280 million from Japan's largest telecom earlier this summer, we've heard surprisingly little from the multi-billion dollar AR startup of late regarding its...

Magic Leap Raises $280M from Japanese Telecom NTT DOCOMO

Magic Leap, one of the most well-funded startups in history, just took on a $280 million investment from Japan-based mobile phone operator NTT DOCOMO. As...

Magic Leap is Giving Away 500 AR Headsets as Part of Epic’s $100M Unreal...

At Unreal Engine Build: Detroit 2019, Magic Leap today announced that the company will be giving away 500 Magic Leap One Creator Edition AR...

AT&T and Magic Leap Partnership is All About 5G, While Selling a $2,300 Headset...

AT&T and Magic Leap formed a partnership last year which looked a lot like the one between Cingular (now merged with AT&T) and Apple...
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