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Majority Of Meta’s AR/VR Spending Is Building AR Glasses

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More than 50% of Meta’s AR/VR spending goes to the development of AR glasses.

Reuters report Mark Zuckerberg gave Meta staff an overview of the company’s spending at an all-hands meeting last week. According to him, his 20% of Meta’s total budget is allocated to Reality Labs, his AR/VR arm of the company.

Within Reality Labs, more than 50% of spending is spent on research and development of AR glasses, about 40% on virtual reality, and about 10% on first-party content like Horizon. He said. This is in stark contrast to popular perception that Meta spends most of its AR/VR budget on Horizon.

Zuckerberg reportedly said Smart glasses products are coming “in the next few years,” and true AR glasses a decade from now. “This is in some ways the most challenging job…but I think it’s also potentially the most rewarding part of the job over time,” he said unequivocally.

Meta and Luxottica Collaboration with glasses shipped last year, ray ban storiesStories are camera glasses for taking hands-free, first-person photos and videos.There are no displays, but in October both companies published work About new smart glasses.earlier this year reported information Meta plans to launch its second generation story in 2023. The Verge reported In 2024, we plan to launch smart glasses with heads-up displays, codenamed Hypernova. It is unclear if these reports refer to the same product.

at last year’s Connect conference Meta Announces Project Nazareth, “Our first fully augmented reality glasses”.both The Information and The Verge reported Meta originally planned to ship Nazareth as a consumer product in 2024, but that plan was recently canceled. Instead, Nazare will apparently come as a developer kit, with the second generation, codenamed Artemis, set to launch first commercially in 2026.

Meta’s glasses will reportedly bundle with Meta’s neural wristband as an input device.meta is We talked candidly about its developmentThe device uses EMG (electromyography) to read nerve signals passing from your brain through your arm. Such devices can track finger movements before they occur, and can even sense very subtle finger gestures that are not clearly perceptible to others nearby.Mark Zuckerberg recently told UploadVR He sees the wristband as functional as a keyboard for typing.

Meta has been working on AR technology for nearly eight years, The Verge wrote: Zuckerberg still makes more investments than any other company. “Zach’s ego is intertwined [the glasses]”He wants it to be an iPhone moment,” said a source for The Verge.

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