Magic Leap Gets Investment from AT&T

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Techcrunch reports that AT&T makes a strategic investment into Magic Leap, a developer of AR glasses. Magic Leap last round D valued the startup at $6.3b, and the companies have confirmed that this AT&T completes the Series D round of $963m.

So far, Magic Leap has raised $2.35b from a number of strategic backers including Google, Alibaba and Axel Springer.

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