Saudi Arabia Gains Majority Stake in Magic Leap in $450M Deal
Saudi Arabia has taken majority share of the US-based augmented reality company Magic Leap, The Telegraph reports, widening the stake via its state-owned sovereign wealth fund with a deal amounting to $450 million. Citing delayed accounts obtained from its European division, the company is said to have raised $150 million in preferred convertible stock and $300 million in debt […]

Road to VR & Scott Hayden

Domino Data Lab launches fully-managed MLOps service with Nvidia

Domino Data Labs has announced the launch of a fully-managed MLOps offering in partnership with TCS and Nvidia. AR/VR – VentureBeat & Shubham Sharma

Domino Data Lab launches fully-managed MLOps service with Nvidia

Domino Data Labs has announced the launch of a fully-managed MLOps offering in partnership with TCS and Nvidia. AR/VR – VentureBeat & Shubham Sharma

Xerox-backed field service startup CareAR raises $10M

CareAR, an AI- and AR-powered field service platform, has raised $10 million from ServiceNow at a $700 million valuation. AR/VR – VentureBeat & Kyle Wiggers

Snap’s Lens Studio now supports custom ML-powered Snapchat Lenses

ML developers can bring recognition models to the popular AR platform, which is also adding plant, pet, and neighborhood recognition, plus voice search. AR/VR – VentureBeat & Jeremy Horwitz

Apple patents AR touch detection using depth-mapping cameras and ML

Creating AR composites of real and digital objects is tricky, but enabling users‘ fingers to interact with digital interfaces requires camera and ML magic. AR/VR – VentureBeat & Jeremy Horwitz