ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Meta, Ray-Ban launch new AI glasses with high-tech features

Meta, the parent company of Facebook, is launching its second pair of AI-powered Ray-Ban smart glasses with the luxury glasses maker, on Oct. 17, with improved features.

Meta Platforms, the parent company of Facebook, and sunglasses maker, Ray-Ban, have partnered to create a new and improved pair of artificial intelligence-powered sunglasses that can record, make calls and more. 

The second-generation Ray-Ban Meta smart glasses will be available for purchase online and in retail stores starting on Oct. 17, and comes two years after the two brands launched their first AI accessory.

Ray-Ban Meta smart glasses are designed for documenting special moments with a 12MP camera, built-in speakers and a five-microphone system, according to Meta’s news release and product page.

AI, AUTOMATION MORE LIKELY TO NEGATIVELY AFFECT WOMEN WORKERS THAN MEN: STUDY

Wearers of the Ray-Ban Meta smart glasses can livestream, play music or podcasts, send messages or make calls utilizing social media.

Meta claims the camera built into the "next-generation" glasses can snap photos or record 1080p video up to 60 seconds.

The social media giant also reports that the Ray-Ban Meta smart glasses have been designed with "improved audio," including extended bass that sounds louder, higher maximum volume options and directional speakers.

Meta AI, an integrated artificial intelligence assistant, has been built into the smart glasses as well to provide hands-free help.

Owners of the Ray-Ban Meta smart glasses can activate Meta AI by saying, "Hey Meta," and dictating what they need done, including control settings.

BATHROOM-CLEANING ROBOT BUILT FOR COMMERCIAL BUSINESSES GIVES CONSUMERS HOPE FOR AI MAID 

Customers have five frame color options to choose from, including a matte black and shiny black, and three transparent colors in blue (jeans), black (rebel black) and brown (caramel). 

Meta says the new Ray-Ban Meta smart glasses provide customers over 150 different custom frame and lens combinations thanks to Ray-Ban’s portfolio of varied frames. The glass can be equipped with prescription lenses if needed.

Additional features Meta has highlighted about the Ray-Ban Meta smart glasses include the tech eyewear’s maximum battery life of 36 hours, an upgraded processor, an overall slimmer and lighter design.

The starting price for the new Ray-Ban Meta smart glasses is $299.

100 WHITE CASTLE LOCATIONS TO GET ROBOT FRY COOKS THAT COOK FASTER AND MAKE MORE FOOD 

Meta partnered with Ray-Ban’s parent company, EssilorLuxottica, an Italian-French corporation that specializes in the design, manufacturing and distribution of luxury eyeglasses and corrective lenses, on both iterations of the Ray-Ban Meta smart glasses.

The first-generation Ray-Ban Meta smart glasses debuted in September 2021 and provided customers 20 style combinations at select retail stores in the U.S., Canada, U.K, Ireland, Italy and Australia.

The global smart glasses market was projected to have an estimated $218.9 million value in 2022, according to Report Linker, a French market research firm that has closely monitored the growing industry.

Report Linker believes the smart glasses market could have a compound annual growth rate of 9.5% from 2023 to 2028, according to its latest trend analysis.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

"Smart glasses are a specific category of wearable technology that use augmented reality (AR) to give the wearer’s glasses digital displays," the market research firm wrote. "The product works as a smartphone extension, showing notifications and allowing quick actions similar to a smartwatch."

Report Linker states investments are furthering the growth of the smart glasses market, and that the industry has attracted Millennial and Gen Z consumers.

Competitors of the Ray-Ban Meta smart glasses include various consumer tech manufacturers, such as the headphone and speaker company Bose, the gaming equipment company Razer and the computer company Lenovo.

CLICK HERE TO READ MORE ON FOX BUSINESS

Several other smaller brands exist in the emerging niche market.

For more Lifestyle articles, visit www.foxbusiness.com/lifestyle.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.