Synopsis
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, Meta's vice president of wearables.Listen to this article in summarized format
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, Meta's vice president of wearables.
The report comes after Meta's hardware unit Reality Labs reported a loss of $4.03 billion in the first quarter on revenue of just $402 million.
Meta aims to sell 10 million wearable devices in the second half of 2026, driving sales by launching new products and selling them in more countries, The Information said.
It currently has partnerships with EssilorLuxottica brands Ray-Ban and Oakley to make AI-powered smart glasses.
Last year, Meta acquired AI-wearables startup Limitless, maker of a pendant-style device that records and transcribes real-world conversations, to accelerate efforts towards developing next-generation AI-enabled wearables.