Magic Leap has appointed Peggy Johnson, former executive vice president of Business Development at Microsoft, as the company's new chief executive.
Google has acquired North; a company founded in 2012 as Thalmic Labs.
Canadian augmented worker enterprise solutions company Librestream has raised a $24M Series D capital round.
Gogo and Japan Transocean Air, a Japan Airlines (JAL) group company, have inked a partnership that brings Augmented Reality (AR) to all of JTA's flights.
Snap CEO Evan Spiegel on Friday said he expects it will be 10 years before consumers widely adopt augmented-reality smart glasses, writes Salvador Rodriguez. Here is the link: https://www.cnbc.com/2019/10/04/snap-ceo-evan-spiegel-smart-glasses-10-years-from-mass-adoption.html
If Bill Gates were to drop out of Harvard University and start a new company today, it would be one that focuses on artificial intelligence, he said in an interview on...
Ultrahaptics is acquiring AR/VR company Leap Motion for a reported $30 million.
Microsoft CEO Satya Nadella has defended the company's $480m contract to supply HoloLens-for-war headsets to the US Army, writes Liam Tung. Here is the link: https://www.zdnet.com/article/microsoft-ceo-nadella-hololens-for-war-is-fine-if-its-used-by-a-democracy/
AR/VR pioneer and Hololens co-inventor Avi Bar-Zeev has left Apple, writes Janko Roettgers. Here is the link: https://variety.com/2019/digital/news/hololens-inventor-bar-zeev-leaves-apple-1203127715/
Facebook's Oculus Quest headset, a new standalone virtual reality system that doesn't require a PC to run, will launch in Spring 2019 for $399, writes Kevin Webb. Here is the link: https://www.businessinsider.com/facebook-announces-oculus-quest-vr-headset-launching-spring-2019-2018-9
Munich-based Brainlab, a company that develops, manufactures and markets software-driven medical technology, has inked an exclusive agreement with Magic Leap.
Apprentice.io, creators of a conversational augmented reality (AR) and artificial intelligence (AI) platform, has raised $8 million in a Series A funding round.
Apple Inc has acquired a startup focused on making lenses for augmented reality glasses, the company confirmed on Wednesday, writes Stephen Nellis. Here is the link: https://finance.yahoo.com/news/apple-buys-startup-focused-lenses-235742737.html
AR platform company Ubiquity6 has raised $27 million in Series B funding.
Worldwide information and communications technology (ICT) spending, including new technologies, is expected to exceed $5.6 trillion in 2021, says IDC.