AR Industry Faces Transition as Companies Adjust Strategies
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Saudi Arabia invests another $590M in Magic Leap as it struggles to commercialize its AR headsets
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Leia Inc appoints Fabio Esposito as new CEO and founder David Faatal transitions to CTO role
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Kopin rings NASDAQ bell to signal shift to software and AI behind AR hardware rather than optics
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Vuzix to cut 25% of workforce as it focuses efforts on select AR smart glasses products
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LG confirms plans to launch an XR headset, possibly in partnership with Meta, in 2024