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With $590M in more funding, Magic Leap looks to the future | interview


Magic Leap announced it has raised another $590 million in debt funding. We talk with the new CEO Ross Rosenberg.

Diez: We’re looking at industrial settings, training for complex procedures that require large scale digital twins and sub-millimeter tracking and overlay of that content. In some of these very high value use cases, either because the device has been certified for medical use, or because it’s delivering so much incremental value for our partners, the pricing that a consumer might evaluate is somewhat irrelevant to the way people think about the ROI from this technology. It’s pretty commonly accepted or agreed upon that the true capabilities of the metaverse will come to life when it’s a fabric built of digital experiences ingrained or embedded into the physical world.

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