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What happened to Magic Leap?

There was a company named MagicLeap going around creating great hype about their technology (mixed reality) sometimes back. What happened to the company delivering anything? Was it just a big hype?
( 1 comment | on HN )
Re:What happened to Magic Leap? by PaulHoule on Tuesday July 11, 2017 @04:28PM (#14747766)
See https://www.engadget.com/2017/07/11/magic-leaps-mixed-realit...

Definitely there is a Deadpool on for this company and the odds are worse than Uber.