Magic Leap ramps up production for new type of virtual reality


  • TECH
  • Wednesday, 13 Jul 2016

Almost ready: Chief Executive Rony Abovitz (pic) said Magic Leap was debugging its production line in Florida and would launch the products soon. — Reuters

ASPEN, Colorado: Magic Leap, a startup backed by technology powerhouses including Google and Alibaba that has raised more than US$1.4bil (RM5.56bil), has hired more than 600 employees and is close to starting production of its first "mixed reality" products.

Speaking at the Fortune magazine technology conference in Aspen, Chief Executive Rony Abovitz said the company was debugging its production line in Florida and would launch the products soon. He declined to give a date.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

NoSpace is Gen Z’s answer to MySpace
What if customers were rewarded for tipping their meal delivery drivers?
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
Exclusive-Stanford AI leader Fei-Fei Li building 'spatial intelligence' startup
Tech platforms make pitch for ad deals as TikTok is roiled by politics
Intesa targets new digital-only clients after antitrust blow
Paramount will let exclusive talks with Skydance lapse
Google trial wraps up as judge weighs landmark US antitrust claims
Germany and allies accuse Russia of sweeping cyberattacks
Analysis-Apple has big AI ambitions - at a lower cost than its rivals

Others Also Read