Startup launches AR headset 2 times costlier than iPhone X
Eight-year-old US-based startup Magic Leap on Wednesday launched its first-ever product, an augmented reality headset priced at $2,295 (â¹1.57 lakh), nearly two times costlier than iPhone X's inaugural price in India. 'Magic Leap One' is a three-part device that projects images over the real world. Backed by investors like Google and Alibaba, the startup has raised $2.3 billion to date.