Meta might flip to Magic Leap for assist to remain forward of Apple and different new entrants within the soon-to-be crowded AR area. In line with the , the 2 corporations are in talks to signal a multi-year IP licensing and manufacturing pact. Particulars on the negotiations are few, however in response to the outlet’s sources, a possible partnership shouldn’t be anticipated to provide a collectively developed headset. As a substitute, a deal might see Magic Leap present Meta with entry to a few of its optical tech. The partnership might additionally see the startup help with manufacturing Meta gadgets, thereby permitting the tech large to provide extra of its VR headsets domestically at a time when there’s extra strain for US corporations to minimize their dependence on China.
Meta didn’t instantly reply to Engadget’s remark request. Magic Leap instructed the Monetary Occasions partnerships had been turning into a “vital line of enterprise and rising alternative for Magic Leap.” Moreover, in a weblog put up titled “,” CEO Peggy Johnson mentioned late final yr the corporate had “acquired an unbelievable quantity of curiosity from throughout the business to license our IP and make the most of our patented manufacturing course of to provide optics for others searching for to launch their very own mixed-reality know-how.”
The timing of the report is notable for a few causes. Meta is below strain from traders to point out one thing for all the cash it has spent pursuing CEO Mark Zuckerberg’s imaginative and prescient for the way forward for computing. The corporate doesn’t anticipate to make a revenue from all of its metaverse initiatives for an additional few years. On the similar time, it’s on its Actuality Labs division. Individually, Apple is broadly anticipated to enter the AR headset market subsequent month when the corporate holds its WWDC developer convention.
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