Magic Leap unveils new AR glasses, raised another US$500 million 

Magic Leap appeared to have come back to life, and the company grew another US$500 million from existing investors. Also, Magic Leap’s next-generation AR glasses are named Magic Leap 2. From the financing situation, Magic Leap’s valuation reached 2 billion US dollars, which is not high compared to the financing amount.

Moreover, Magic Leap’s first AR glasses were aimed at consumers and failed. Now it has changed its direction. The new AR glasses are slimmer and aimed at enterprises. According to Magic Leap CEO, Magic Leap 2 is a true “all-weather” device. The new AR glasses seem to be much smaller than the first-generation products. With the addition of new features, the AR experience will be better.

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Furthermore, AR glasses offer segmented dimming technology, which can make the real world darker, so that AR content will be clearer; in addition, the new glasses have doubled the field of view, higher color fidelity, and image and text quality which will be better than the first generation of glasses.

Besides, Magic Leap believes that AR glasses are used in professional fields, such as surgery, manufacturing, and national defense. Magic Leap 2 is likely to target corporate users.