Meta expands AI glasses line in a bet on the future
- Meta Chief Executive Mark Zuckerberg stated that the company aims to develop AI smart glasses that incorporate superintelligence and holograms within the metaverse.
- The company reported a loss of $4.5 billion in the second quarter on revenue of $370 million, indicating struggles in the metaverse business.
- According to Grand View Research, the global smart glasses market was nearly $2 billion last year and could reach $8.26 billion by the end of the decade.
47 Articles
47 Articles
Meta Expands AI Glasses Line - InsideBusiness - Business News in Nigeria
Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses. Announcements included the debut of Meta Ray-Ban Display smart glasses that have built-in screens that allow wearers to see messages, photos, and more as though looking at a smartphone screen. Billed as Meta’s most advanced AI glasses, Ray-Ban Display comes …
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