Smart glasses maker XReal reportedly raised $100 million and is now valued at over $1 billion. The company’s latest funding came from its supply chain partners and other backers, Bloomberg reported Thursday (Jan. 8), citing a Bloomberg Television interview with XReal Co-founder and CEO Chi...
Smart rings are reportedly going from niche gadgets to mainstream health/wellness products. The category is on pace for a 49% increase in shipments for 2025, Bloomberg News reported Monday (Jan. 5), citing data from IDC. By contrast, shipments of smartwatches were projected to increase by...
Are they a breakthrough in wearable tech? Just another pair of smart glasses? Or a product destined to struggle for relevance? Meta’s Ray-Ban Display promises everyday utility with AI integration, but winning over consumers will be the real test. The company recently unveiled its $799...
Amazon is reportedly developing augmented reality (AR) glasses for consumers and for delivery drivers. The company aims to launch the consumer product late next year or early in 2027 and the delivery driver one as soon as the second quarter of 2026, The Information reported...
Meta is reportedly set to unveil smart glasses that incorporate a display in September and offer them at a price starting at $800. The new smart glasses, internally named Hypernova, were initially planned to be priced at $1,000, at least, but will now start at...
EssilorLuxottica, which partners with Meta on artificial intelligence (AI) glasses, reported Monday (July 28) that the sales of those Ray-Ban Meta glasses were up more than 200% in the first half of the year. The designer, manufacturer and distributor of vision care products, eyewear and...
Amazon is reportedly acquiring Bee, a company that makes an artificial intelligence (AI)-powered bracelet that transcribes the user’s conversations, makes them searchable and uses that content to create resources such as a to-do list. The move was announced by Bee CEO Maria de Lourdes Zollo in a Tuesday...
TikTok parent ByteDance is reportedly developing a mixed reality device resembling goggles. That’s according to a report Monday (July 14) from The Information, citing three sources with direct knowledge of the Chinese company’s efforts. As the report notes, this shows ByteDance following the efforts of Meta, which is working...
Meta reportedly bought a roughly 3% stake in eyewear maker EssilorLuxottica, which is the maker of Ray-Ban and Oakley glasses and one of Meta’s partners in the smart glasses business. The stake is worth about €3 billion (about $3.5 billion), Bloomberg reported Tuesday (July 8), citing unnamed...