Magic Leap 2 will be released in 2022 after raising $500 million, but will it be a success?

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Magic Leap 2 will be released in 2022 after raising $500 million, but will it be a success?

Magic Leap has returned with the “Magic Leap 2” AR Headset, which was made possible by a $500 million investment that enabled the business to develop a new version of its wearable technology. It follows the contentious 2020 device, which has yet to make a big market entry to compete with the augmented and virtual reality industry’s behemoths.

Magic Leap’s first-generation AR Glasses have been a source of controversy, especially because many people expected it to deliver many of the “future’s” capabilities, but it has not lived up to the promise.

Despite the company’s promises and several promotional offers, several negative comments about the device have been made, particularly by Palmer Luckey of Oculus.

After $500 million in funding, Magic Leap 2 has been announced.

Magic Leap has acquired $500 million in funding from investors for its next endeavor, which will be based on its augmented reality glasses (AR), which were first unveiled in 2018. It would be designed for the Magic Leap 2, a device that would successor the original Magic Leap AR Glasses and offer improved integration with the tech equipment.

The augmented reality startup promises a better device now, one that will focus on bringing new features to the public and will be lighter and more technically advanced than its previous version. Despite the numerous disagreements and difficulties it encountered while attempting to introduce its technology, Magic Leap’s AR career is far from over.

On @CNBC, @peggyj unveiled #MagicLeap2, the industry’s tiniest and lightest device. It’s designed for business, so it’s more immersive and comfortable, with the widest field of view and dimming — a first-to-market feature that lets you use it in brightly light environments. https://t.co/jSPUGd4P9N pic.twitter.com/LVpUX6YfcW October 11, 2021 — Magic Leap (@magicleap) According to The Verge, the company faced numerous obstacles at first, including laying off over 1,000 employees by 2020 and, of course, their technology failing to reach the company’s goals.

Also read: Magic Leap Teams Up With NBA, Announces Lowest Headset Model Will Cost As Much As A High-End Smartphone

Magic Leap 2 is scheduled for release in 2022.

The Magic Leap 2 is the company’s most recent release, following the original one from 2018. According to the corporation, it will continue to focus on an augmented reality component, resulting in a superior gadget. According to Magic Leap, this product will be the industry’s thinnest and lightest AR spectacles.

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