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Saudi Arabia’s $1T Fund Injects $205M into Struggling VR Firm Magic Leap

Saudi Arabia’s $1 Trillion Fund Doubles Down with $205 Million Injection into Struggling VR Firm Magic Leap Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), valued at a staggering $1 trillion, has pumped another $205 million into Magic Leap, a Florida-based company mired in financial woes despite over a decade in the virtual […]

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