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Magic leap

Magic leap

Although the idea of virtual reality was partially inspired by science fiction novels , Big Tech's modern vision of an AR and VR future is directly inspired by Magic Leap. Founded in 2010, the company raised over $500  million  in 2014 from companies like Google and chip maker Qualcomm. In 2015 the firm released a stunning video that purported to demonstrate the product's technology. But skeptics questioned the technology and the eventual product was panned .

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