Magic Leap's CEO, Rony Abovitz, promised that the company's first product will be released "hopefully soonish." The company already has $800 million in its accounts and around 600 employees. Magic Leap is a start-up backed by the likes of Google and Alibaba.

The company promised to deliver a product that provides a new way of displaying digital objects that will give you a "neurologically true visual perception" or basically, the brain will not be able to tell the difference between what is real and what you see through Magic Leap's technology.

“Before launch my goal is that…if you’re a Magic Leap staff member, and all of our developer friends, we’re pretty much wanting to get people into it all day long,”  said Abovitz in a 23-minute talk with Fortune.

Hopefully we see that product from Magic Leap soon enough.

Watch the interview here:


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