Google counters Facebook’s Oculus buy with $500M investment in VR startup Magic Leap

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metalqueen
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Google counters Facebook’s Oculus buy with $500M investment in VR startup Magic Leap

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By Dylan Tweney

Not to be left behind by Facebook, Google is also getting into virtual reality.

The Mountain View, Calif.-based search and advertising giant is leading what could wind up being a half-billion-dollar round in Magic Leap, according to a report In Re/code. The site said that Andreessen Horowitz could also be investing in the giant round.

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