Is Meta's Future in AI Glasses?
Description
Meta is reallocating investments from the metaverse to AI-powered smart glasses and wearables, following slower-than-expected adoption of virtual reality platforms and increased investor skepticism. The company’s latest AI-enabled glasses, which feature real-time visual descriptions and text translation, have received positive market feedback. Meta’s shares rose after announcing a reduction of up to thirty percent in metaverse investment. The company continues to develop large AI models and integrate advanced software into platforms like WhatsApp, while competing with other global tech firms in the wearable technology market.
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