Meta CEO Mark Zuckerberg has revealed the Orion AR glasses, a groundbreaking holographic augmented reality device that could be the next big computing platform. Zuckerberg believes the glasses will usher in a new era of computing, allowing for more natural and social interaction with the world around us.
Paul Travers, CEO of Vuzix Corp, joined Benzinga All-Access to discuss the company’s innovative augmented reality (AR) wearable displays and computing glasses. He highlighted Vuzix’s use of micro-display technology and advanced optics to create compact, high-resolution displays that rival large screens.
Google’s venture capital arm, GV, has invested in Distance Technologies, a Finnish startup developing technology that turns transparent surfaces into augmented reality displays. This investment signals Google’s renewed focus on the AR/VR market and could potentially disrupt the automotive, aerospace, and defense industries.
Ray-Ban Meta Smart Glasses are getting even smarter with new features powered by Meta’s advanced AI, offering live translation, reminders, and more. These stylish shades are becoming increasingly helpful in everyday life, with new capabilities like QR code scanning and even fashion advice.
Meta Platforms’ annual developer conference, Meta Connect, is expected to showcase new products, particularly in augmented reality, with a potential focus on artificial intelligence advancements. Analysts predict a cheaper VR headset and a prototype of next-gen AR glasses, highlighting the company’s shift towards mixed reality. The conference could also see new AI product launches and integration into core apps, potentially impacting Apple and Snap’s competitive landscape.
Snap has released its latest generation of AR Spectacles, aiming to become the leading player in the augmented reality space. These glasses will allow developers to create immersive experiences and push the boundaries of AR technology. The move comes as Meta prepares to unveil its own AR glasses prototype, intensifying the competition in this rapidly evolving market.
Vuzix, a leading smart glasses and augmented reality (AR) manufacturer, has received a significant investment from Quanta Computer, a global Fortune 500 company, to further fuel its growth. This multi-million dollar investment, which comes in three tranches, signifies a deeper partnership and strengthens Vuzix’s balance sheet for production expansion and innovation. The investment reflects the growing smart glasses market, which is expected to reach $13.68 billion by 2031.
Four Seasons Hotel Las Vegas is celebrating the 2024 football season with a unique art exhibition by John Knell, showcasing dynamic sports-themed art. The exhibit, titled “Art of The End Zone,” features a custom-designed interactive wall and augmented reality experiences that blend the digital and physical worlds. Guests can also enjoy special football-themed events and experiences at the hotel, including a Game Day Brunch, Game Day Bites, and a Gridiron Legends Lounge featuring a Glenfiddich tasting.
Snap CEO Evan Spiegel announced a renewed focus on advertising and augmented reality, aiming to counter sluggish growth and competition from platforms like Meta and TikTok. The company is implementing machine learning and automation for ad placement and investing in smart glasses, mirroring Meta’s strategy. Despite recent challenges, Snap remains committed to innovating and enhancing its offerings.
Vuzix Corporation (VUZI) shares surged on Tuesday after the company announced a three-tranche investment of $20 million from Quanta Computer. The investment will support Vuzix’s expansion of waveguide production and joint development of new augmented reality/artificial intelligence smart glasses technologies.
