Apple has filed a patent for a set of smart glasses that would serve as a heads-up display and incorporate features similar to the Apple Watch, suggesting that the company may be working on a more standard version of smart glasses alongside its recently unveiled Vision Pro headset.
The metaverse is thriving in Asia, with Hong Kong, Korea, and Japan being the top markets, according to Sebastien Borget, co-founder of The Sandbox; he also highlights the introduction of dynamic NFTs and Apple's Augmented Reality Vision Pro headset as major advancements for the industry.
Meta Platforms (META) stock has a strong setup, with two buy points in reach, ahead of this week's Connect conference where the parent company of Facebook and Instagram is set to unveil its new virtual-reality headset, generative AI tools, and more.
Meta is preparing to showcase new XR devices such as the Meta Quest 3 VR headset and second-gen Ray-Ban smart glasses, along with new generative AI chatbots, at its annual Connect event, while also emphasizing the role of AI in its vision for the metaverse.
Mark Zuckerberg, the CEO of Meta (formerly Facebook), is going through a transformation, maturing and mellowing as he takes on the challenge of reshaping his company and leaving a lasting legacy by making big bets on the future, including the investment in the metaverse and philanthropic efforts through the Chan Zuckerberg Initiative.
Meta CEO Mark Zuckerberg will kick off the tech giant’s Connect developer conference with a focus on virtual and augmented reality, artificial intelligence, and tools to keep users engaged amid competition with TikTok.
Meta is releasing a new model of smart glasses called the Ray-Ban Meta Smart Glasses, which serve as both headphones and a camera, with improved features such as upgraded microphones and higher-quality photos and videos, aiming to provide users with a more versatile and visually appealing option in the smart glasses market.
AI-powered stickers, image editing features, a new virtual assistant called Meta AI, and a lineup of AI characters are being introduced by Facebook to enhance connections, creativity, and expression for users on platforms such as WhatsApp, Messenger, Instagram, and Ray-Ban Meta smart glasses.
Ray-Ban Meta smart glasses, the successor to Ray-Ban Stories, allow users to livestream video to Facebook and Instagram, addressing the previous model's limitation, and come in various designs, with prices starting at $299.
Meta's annual Connect conference introduced new hardware, including the Meta Quest 3 headset with improved passthrough tech, higher resolution displays, and better graphics, as well as features such as Xbox Cloud Gaming, Emu image generation, Ray-Ban smart glasses, and Meta AI-powered bots for messaging apps.
Meta CEO Mark Zuckerberg believes there is a significant demand for AI versions of celebrities, but due to brand safety concerns, it may be a 'next year' project, allowing consumers to interact with their favorite stars in a fun and engaging way.
Meta CEO Mark Zuckerberg and AI researcher Lex Fridman showcased Meta's metaverse technology, including ultra-realistic avatars, during a podcast, demonstrating a sense of presence and intimacy that Fridman described as "incredible"; Meta is betting on the integration of AI into virtual and augmented reality to create a metaverse, with the goal of facilitating immersive social experiences and enhanced communication and connection through photorealistic avatars.
Meta's Connect conference focused on the future of artificial intelligence (AI) and virtual reality (VR), with Mark Zuckerberg emphasizing the development of hologram interactions, AI assistants, and the new Quest 3 VR headset.
Meta Platforms, Inc. (NASDAQ:META) is expected to benefit from the AI wave and the personal AI assistant category, presenting a potentially large market opportunity for the company through advertising or subscriptions. Despite the continued spending on the Metaverse and the potential for AR/VR devices to be sold at a loss, Meta remains cheap compared to other tech giants, and the stock is poised for growth.
Meta, formerly known as Facebook, is reportedly planning to lay off employees in its Reality Labs division focused on creating custom silicon, which could pose challenges to CEO Mark Zuckerberg's goal of building augmented and virtual reality products for the "metaverse." The unit, known as Facebook Agile Silicon Team (FAST), has struggled to compete with external chip providers, leading Meta to rely on Qualcomm for chip production. The company recently announced new versions of its smart glasses and Quest headset, and it is also working on sleeker AR glasses and smartwatches.
Meta is reportedly laying off employees in its Reality Labs division's silicon unit, which could impact the company's plans to develop augmented and virtual reality products, including AR glasses and immersive virtual worlds known as the "metaverse."
Meta Platforms, the parent company of Facebook, has partnered with Ray-Ban to create second-generation AI-powered smart glasses that can record, make calls, livestream, and more, with a starting price of $299.
Meta's recent announcements at its developer-focused Connect conference include the release of the Quest 3, improved Ray-Ban glasses with AI capabilities, personality-driven chatbots, and an AI image and sticker tool, indicating the transformation of VR and smart glasses into mixed-reality devices with advanced AI features.
Meta's announcement of smart glasses with an AI virtual assistant, combined with OpenAI's development of ChatGPT's ability to see, hear, and speak, indicates a potential shift away from screens as the dominant consumer technology.
Meta is planning to release a follow-up to the Quest 3 and aims to compete with Apple's Vision Pro by introducing a VR headset without controllers next year, focusing more on practical uses like gaming and productivity rather than the metaverse.
Meta Platforms (META) stock has seen a significant rally in 2023, driven by analyst optimism over the upcoming Q3 earnings update and excitement over new technology, including smart glasses and virtual reality headsets, but there are concerns that growth expectations may be overly optimistic and there could be headwinds from consumer spending slowdown and privacy regulation.
Main topic: Review of the Ray-Ban Meta smart glasses from Meta (formerly Facebook) after two years since the release of its predecessor.
Key points:
1. The glasses have undergone improvements in core features, such as better audio and camera quality, hands-free photo messaging, and livestreaming abilities on Instagram.
2. The design has been refined, with slimmer frames and a more compact charging case.
3. The addition of Meta's AI assistant offers potential for creative use cases, although its usefulness is currently limited.
(Note: The original text does not specifically mention three key points, so the key points listed here are based on the information provided.)
Facebook's Meta has relaunched its Ray-Ban smart glasses, designed to connect users to the metaverse, although concerns about privacy and ethical issues have been raised.
Mark Zuckerberg has learned to braid his daughter's hair using Meta's Smart Glasses, showcasing the glasses' capabilities in a video posted on Instagram, but the demonstration falls short of effectively highlighting their unique appeal.
Social media giant Meta Platforms is in the buy range and has unveiled new products, including smart glasses and VR headsets, as it continues to see growth in earnings and sales.
The Ray-Ban Meta smart glasses, featuring the new Meta AI digital assistant, have received mixed reviews due to limitations of the assistant's capabilities, concerns over privacy invasion, and relatively short battery life.
The $299 Ray-Ban Meta smart glasses offer significant updates and a sleek design, making them a turning point for smart glasses, though there are still questions surrounding privacy and social acceptance.