It feels a little sudden, but we’re here: Magic Leap is working to create the most augmented reality device possible.
The Florida-based startup is developing a project called a Dynamic Digitized Lightfield Signal, which projects images directly onto a user’s retina, according to Core 77. The technology will allow users to see 3D images that blend into their natural world.
The project is well supported. Both Google and e-commerce company Alibaba back it. Magic Leap raised $542 million in 2014 and the company is near raising a $1 billion round at a $4.5 billion valuation. It is one of the largest rounds of funding ever, comparable to what Uber and Facebook raised during the last few years.
While Magic Leap has released a few video demonstrations of its product, there is no word yet as to when this might be available and how much it might cost.
Related Stories
AEC Tech | Apr 15, 2016
Should architects learn to code?
Even if learning to code does not personally interest you, the growing demand for having these capabilities in an architectural business cannot be overlooked, writes computational design expert Nathan Miller.
Building Tech | Apr 12, 2016
Should we be worried about a tech slowdown?
Is the U.S. in an innovative funk, or is this just the calm before the storm?
BIM and Information Technology | Apr 8, 2016
Turner streamlines construction progress tracking using predictive visual data analytics
The construction giant teams with a computer science and engineering professor to develop a clever drone- and rover-based construction monitoring tool.
BIM and Information Technology | Apr 5, 2016
Interactive 3D map shows present and future Miami skyline
The Downtown Miami Interactive 3-D Skyline Map lets users see the status of every downtown office, retail, residential, and hotel project.
AEC Tech | Mar 31, 2016
Deep Learning + AI: How machines are becoming master problem solvers
Besides revolutionary changes to the world’s workforce, artificial intelligence could have a profound impact on the built environment and the AEC industry.
Big Data | Mar 28, 2016
Predictive analytics: How design firms can benefit from using data to find patterns, trends, and relationships
Branden Collingsworth, HDR’s new Director of Predictive Analytics, clarifies what his team does and how architecture projects can benefit from predictive analytics.
BIM and Information Technology | Mar 21, 2016
Latest tech devices simplify the leap from BIM to virtual reality
Faster conversion times and higher-quality graphics are enabling VR to make the jump from novelty to necessity in the AEC world.
AEC Tech | Mar 15, 2016
Two to tango: Project Tango isn’t just for entertainment, it also has a wide range of possibilities relating to the professional world
Making things like augmented reality, precise measurements of indoor spaces, and indoor wayfinding possible, Google’s Project Tango has all the makings to become a useful and ubiquitous tool in the AEC market.
BIM and Information Technology | Mar 14, 2016
Visual estimating, generative design, and component construction push the limits of BIM/VDC
DPR Construction, JE Dunn, and The Living advance the AEC industry with three clever tech solutions.
Drones | Mar 9, 2016
A new image-capturing platform mediates drone and cloud technologies
3DRobotics, Autodesk, and Sony launch Site Scan to speed the process of making models from field data.
