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Mark Zuckerberg says a future with AI glasses is likely as Meta reports metaverse losses
Summary
Zuckerberg told investors he expects AI-enabled glasses to become common, while Meta's Reality Labs reported a $6 billion loss for the last quarter.
Content
Mark Zuckerberg told investors on an earnings call that he finds it "hard to imagine" a future where most glasses are not AI-enabled. He compared the potential shift to the move from flip phones to smartphones. Meta said sales of its smart specs, including the Ray-Ban Meta Gen 2, have tripled over the past year. The company also reported that Reality Labs posted a $6 billion loss in the last quarter.
Key points:
- Zuckerberg said on an earnings call that he expects AI-equipped glasses to become widespread.
- Meta reported that sales of its smart specs have tripled in the past year, including the Ray-Ban Meta Gen 2.
- Meta Reality Labs posted a $6 billion loss for the most recent quarter, up from $4.43 billion the prior quarter as reported.
- Other companies are reported to be working on smart glasses, including Samsung and Google; Apple is rumored to be developing a pair, and Snap announced a Specs subsidiary.
Summary:
The report highlights continuing industry interest in smart glasses alongside notable financial losses at Meta's Reality Labs. Undetermined at this time.
