Magic Leap, the troubled augmented reality company that underwent mass layoffs and a CEO change last year, has raised $500 million in funding at a valuation of close to $2 billion. That is well up on last year, when investors had written down their stakes in the company to a value of $450 million, although it is well short of the $6.4 billion at which Magic Leap raised money in 2019. The...
Magic Leap Raises $500 Million Ahead of New AR Headset Launch
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Microsoft Might Keep Losing in Search and Still Win

Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
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