Meta and Facebook in Talks to License Magic Leap's AR Technology
TL;DR Summary
Meta is reportedly in talks with Magic Leap to sign a multi-year IP licensing and manufacturing pact, which could see Magic Leap provide Meta with access to some of its optical tech and assist with manufacturing Meta devices. The partnership could help Meta stay ahead of new entrants in the AR space, such as Apple, and produce more of its VR headsets domestically.
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