Meta plans AI pendant, 'wearables for work' in hardware boost
Meta Platforms is planning to expand its hardware offerings by testing an AI pendant and launching a service called 'Wearables for Work'. The company aims to reverse losses in its hardware division, which reported a significant loss in the first quarter. Meta is targeting sales of 10 million wearable devices by the second half of 2026 through new product launches and international sales.
- ▪Meta is set to test an AI pendant within the next year.
- ▪The company's hardware division, Reality Labs, reported a loss of $4.03 billion in the first quarter.
- ▪Meta aims to sell 10 million wearable devices by the second half of 2026.
- ▪The company has partnerships with EssilorLuxottica brands for AI-powered smart glasses.
- ▪Meta acquired AI-wearables startup Limitless to enhance its wearable technology efforts.
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SynopsisThe Facebook and Instagram owner plans to significantly expand its selection of AI glasses and add a business-focused service called "Wearables for Work" the report said, citing an internal memo by Alex Himel, Meta's vice president of wearables.Listen to this article in summarized format ListenMeta Platforms plans to start testing an AI pendant in the next year, as it charts a roadmap for wearable devices in an effort to reverse losses in its hardware division, The Information reported on Friday, citing a memo.Meta declined to comment to Reuters on the report.The Facebook and Instagram owner plans to significantly expand its selection of AI glasses and add a business-focused service called "Wearables for Work" the report said, citing an internal memo by Alex Himel,…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Economic Times.