Magic Leap: Saudi Arabia's Billion-Dollar VR Gamble

Saudi Arabia bets big on virtual reality! Find out why the country's sovereign wealth fund just pumped over a billion dollars into Magic Leap, the struggling VR headset maker that's burned through billions without turning a profit. Is this a strategic tech play or a risky gamble? Learn about Magic Leap's rocky past, its surprising Google partnership, and Saudi Arabia's Vision 2030 plan to dominate the future of tech and gaming. Will Magic Leap finally deliver on its promise, or is it destined to remain a costly mirage?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.