Why are people still giving Magic Leap money?

If Magic Leapfails, the skeptics will at least have to admire the AR startup’s keen ability to raise vast amounts of capital.
The company announced today that it has locked down another $280 million in a deal with Japan’s largest mobile operator, Docomo. The deal brings the company’s ever-swelling total cash raised to $2.6 billion. The deal follows an investment from AT&T last year also focused on the company’s cloud ambitions.
“DOCOMO aims to co-create advanced