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Partnerships
Product updates
Magic Leap partners with Google to launch AR solutions and experiences
Extended Reality
May 30, 2024
This week:
Funding
GrayMatter Robotics raises USD 45 million in Series B funding to accelerate AI-powered robotics solutions
Smart Factory
Jun 20, 2024
Funding
Vecna Robotics raises USD 100 million in Series C funding; appoints new COO
Logistics Tech
Jun 20, 2024
Funding
Vecna Robotics raises USD 100 million in Series C funding; appoints new COO
Smart Factory
Jun 20, 2024
Funding
FairNow raises USD 3.5 million to advance AI governance solutions
Generative AI Infrastructure
Jun 20, 2024
Partnerships
Gravitics develops testing gauntlet for larger spacecraft in collaboration with NASA
Space Travel and Exploration Tech
Jun 20, 2024
M&A
knownwell acquires Alfie Health to integrate AI in primary and obesity care services
Telehealth
Jun 20, 2024
Funding
Pomelo Care raises USD 46 million in Series B funding to expand virtual maternal care
Telehealth
Jun 20, 2024
Funding
Isar Aerospace raises EUR 65 million, backed by NATO Innovation Fund
Space Travel and Exploration Tech
Jun 20, 2024
Product updates
Beyond Meat releases new Beyond Sausage, expanding its Beyond IV product line
Plant-based Meat
Jun 20, 2024
Product updates
Funding
SurrealDB raises USD 20 million in Series A; launches beta version of Surreal Cloud
Data Infrastructure & Analytics
Jun 20, 2024
Extended Reality

Extended Reality

May 30, 2024

Magic Leap partners with Google to launch AR solutions and experiences

Partnerships
Product updates

  • Magic Leap announced a strategic technology partnership with Google to launch new AR solutions and experiences.

  • While specific details of the partnership remain sparse, the press release iterates on Magic Leap's recognized expertise in optics and large-scale manufacturing capacity. The partnership, however, is rumored to soon pave the way for the creation of affordable AR glasses. 

  • Analyst QuickTake: Magic Leap’s expertise lies in creating enterprise-focused AR headsets; this partnership potentially signals a reemergence of the company in the consumer XR space. The news of creating a new AR product also follows the company’s flagship Magic Leap 2 headset becoming outdated (launched in September 2022).

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