Meta plans to significantly increase its investment in augmented and virtual reality technologies, surpassing $100 billion. The focus is on advancing smart glasses.
Meta's Investment History in AR and VR
Since the initiative began in 2014, investments in the AR and VR segment have exceeded $80 billion. In 2023, Meta aims to add another $20 billion. The company has already allocated $19.9 billion to Reality Labs, greatly reducing its losses.
Shift in Company's Focus: Smart Glasses
Over the past year, CEO Mark Zuckerberg has shifted focus from creating a metaverse to developing AI-powered smart glasses in partnership with EssilorLuxottica. The new Ray-Ban glasses are equipped with micro-cameras, microphones, and speakers.
Future of Meta's Smart Glasses
Zuckerberg expressed optimism about the prospects of AI glasses, stating that this year will be decisive for further technology development. The new glasses feature interaction with the MetaAI virtual assistant via the "Hey Meta" command.
Meta is focusing on advancing augmented and virtual reality technologies with a particular emphasis on smart glasses. The company aims to create a new computing platform and reduce dependence on other companies' devices.
