AT&T has partnered with Magic Leap, a secretive augmented actuality startup backed by tech giants Google and Alibaba, to solely promote its wi-fi devices in the USA, the telecom firm stated on Wednesday.

Magic Leap stated it would demo its first product later within the day – a light-weight, wearable laptop with augmented actuality options. The product, Magic Leap One, is scheduled to ship later this yr to designers and builders.

The corporate’s expertise creates lifelike digital objects that seamlessly mix with pure objects when seen by way of its headsets.

“This superior expertise permits our mind to naturally course of digital objects the identical method we do real-world objects, making it comfy to make use of for lengthy intervals of time,” Magic Leap stated.

AT&T prospects should purchase the gadget in shops in Atlanta, Boston, Chicago, Los Angeles and San Francisco, with extra markets to observe, AT&T stated.

Whereas the corporate has been working in secret for years, releasing little details about its merchandise, opponents similar to Facebook have gained floor with its Oculus digital actuality headsets.

Magic Leap boasts marquee traders similar to Alphabet’s Google, Qualcomm, Alibaba, Time Warner’s Warner Bros and Singapore government-owned funding agency Temasek Holdings.

The well-funded start-up raised $461 million (roughly Rs. three,200 crores) in its newest funding spherical in March, led by the Kingdom of Saudi Arabia’s sovereign funding arm, taking the overall funding to over $2.three billion to this point.

© Thomson Reuters 2018



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