Rumors suggest Apple’s next-generation Vision Pro headset might be delayed until 2026 and could feature a cheaper version. The second-generation model is expected to boast a powerful M5 chip and limited design changes, while Apple explores the smart glasses market with a focus on consumer reception.
Apple’s Vision Pro, despite its lack of explosive success, is getting a sequel. Rumors suggest the Vision Pro 2 could arrive as early as Fall 2025, featuring upgraded processing power, refined software, and potentially Apple Intelligence integration. Apple is also exploring smart glasses, signaling a wider push into augmented reality.
Meta Platforms Inc.’s Reality Labs, the company’s augmented and virtual reality division, reported a $4.4 billion loss in the third quarter of 2024, marking its third consecutive quarterly loss. Despite the losses, Reality Labs saw a 29% revenue increase driven by strong hardware sales. The company anticipates continued investment and increased losses in 2024 as it pursues its metaverse ambitions.
Perfect Corp (PERF) announced its third-quarter earnings, showing a 10.8% year-over-year revenue increase driven by strong growth in AI and AR solutions and mobile app subscriptions. The company also reported record high YouCam app subscribers and a positive outlook for 2024.
Ray-Ban Meta smart glasses have become a top seller in Europe, exceeding sales expectations despite lacking advanced AI features. The success is driving growth for both Meta and EssilorLuxottica, highlighting the potential of smart glasses and Meta’s hardware roadmap.
Meta Platforms Inc (META) received positive analyst ratings following its Connect 2024 conference, where the company unveiled a new VR headset, AI updates, and other exciting announcements. Analysts highlighted Meta’s advancements in hardware, AI, and its overall Metaverse vision, leading to price target increases and bullish sentiment.
Gentle Monster, the renowned eyewear brand, has announced a collaboration with the upcoming fighting game Tekken 8, featuring the iconic antagonist Kazuya Mishima. The collection, inspired by Kazuya’s devil form and fighting style, includes special eyewear packages and a pop-up experience showcasing the world of Tekken 8.
Meta has taken a significant leap towards the future of augmented reality with the unveiling of their prototype holographic AR glasses, dubbed ‘Orion’. These glasses promise a truly immersive experience, seamlessly blending the physical world with digital holograms. Despite being in its early stages, the Orion prototype showcases impressive technology and raises the bar for what we can expect from future smart glasses.
Meta Platforms Inc. (META) saw its stock rise on Wednesday following its ‘Meta Connect 2024’ event, which featured exciting announcements about its AI, virtual reality (VR), and augmented reality (AR) initiatives. Key highlights included the launch of the Quest 3S mixed-reality headset, AI-powered upgrades to Ray-Ban Meta smart glasses, and the introduction of prototype AR glasses, ‘Orion.’ Meta’s continued focus on AI was evident in the announcement that its Meta AI chatbot boasts over 400 million monthly users, along with expanded AI tools for businesses and the release of Llama 3.2 AI models.
Meta’s annual developer conference, Meta Connect 2024, brought a wave of new product announcements, including the Quest 3S VR headset, updates to its AI platform with Llama 3.2, and a prototype for holographic AR glasses called Orion. CEO Mark Zuckerberg highlighted the event’s focus on the future of computing and human connection.
