this post was submitted on 22 May 2024
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Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is "seeking a price of between $750 million and $1 billion in a sale."

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[–] fubarx@lemmy.ml -1 points 5 months ago

https://en.m.wikipedia.org/wiki/Magic_Leap

Judging by the downvotes, I didn't state my point well enough. Magic Leap took a LOT of money, got a lot of hype, and nearly went out of business multiple times.

But they were also the first ones to demonstrate and kick off overlaying data on top of real world, what we now call Augmented Reality. Their implementation was clunky and the device was expensive, but it showed people a glimpse of what was possible in a head-mounted, immersive form factor. 10 years later, Apple released the Vision Pro which used different tech, but did pretty much what ML1 was trying to do.

I think the Humane AI pin tried some interesting concepts, but is heading in the same direction. The idea of a small, wearable, AI device is interesting. Ten years from now, when you can run it all on-device and have a hands-free, GPT-8 level conversation with it with no cloud connection may well be a yawn.