Hollywood, Silicon Valley make $542-million bet on curious Magic Leap

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metalqueen
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Hollywood, Silicon Valley make $542-million bet on curious Magic Leap

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By Paresh Dave

Virtual-reality headsets block out the real world and transport them into a digitally created one. But what if the digital stuff could simply pop into people's normal view of the reality? 

That's the goal of a Florida company that said Tuesday it has raised $542 million in investment because of Hollywood's -- and the tech industry's -- fascination with virtual-reality technology.

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