Saudi Arabia pumps $590m into Apple Vision Pro rival Magic Leap
Public Investment Fund puts cash into Magic Leap, which has not turned a profit
Source: telegraph.co.uk
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Public Investment Fund puts cash into Magic Leap, which has not turned a profit
Saudi Arabia’s sovereign wealth fund has pumped more than half a billion dollars into a virtual reality headset to rival Apple’s Vision Pro goggles.
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Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has invested over US$500 million in a virtual reality headset aimed at competing...