Web Desk 
May 31, 2024
You may have heard about the flat reputation of the Google Glass and Magic Leap, as both of the products failed to capture public interest and proved biggest technology flops during the past decade.
Regardless of that, a recent report indicates that the true potential of the two innovations was meant for something else.
Google Magic Leap deal
The Verge, a publication, reported that Google and Magic Leap have agreed to a “multi-faceted strategic technology partnership” in order to “foster the future of the XR ecosystem with unique and innovative product offerings.”
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The development came to light by Google's official press release. Although it has not been announced by any of the companies, the press release repeatedly highlights Magic Leap’s optics and manufacturing expertise.
Magic Leap's expertise produces “highly-precise eyepieces with incredibly high yield rates and quality at scale,” stated Google's official press release.
With all that on the scene, it appears that Magic Leap surely has something, maybe a technology or a patent, that might assist Google to become a leading name in the race of smart glasses.
Magic Leap stock
With Magic Leap highlighted in Google's official press release and a potential collaboration, the stocks of the company have witnessed a dramatic fluctuation.
The company also secured a half-billion dollar investment ahead of Apple's Vision Pro launch this year, which may help bolster the development of its new products and help Magic Leap remain competitive in the mixed reality landscape.
