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Magic Leap’s Valuation at $4.5B Thanks to Latest Investment of $793.5M

Magic Leap announced $793.5 million in new funding, led by Alibaba Group. Continued investment comes from Google Inc., Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and others. New investment also comes from Warner Bros. and tier-one financial institutions, including Fidelity Management and Research Company, J.P. Morgan Investment Management, Morgan Stanley Investment Management, funds […]