Meta reboots smartwatch plan, aims debut in 2026, the Information reports [Yahoo! Finance Canada]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance Canada
The company has ?revived its "Malibu 2" smartwatch project, the report said, adding that the device, set ?for release later this year, will feature health tracking and a built-in Meta AI assistant. Meta explored a smartwatch roughly five years ago, the Information said, including plans at one point for three-camera-equipped ?versions but it shelved ?the effort in 2022 as a part of broader spending pullbacks in its Reality Labs unit. Meta ?declined to comment on the report. The news signals a big comeback for wearables driven by the artificial intelligence boom, as companies ?release gadgets ?imbued with the technology, aimed ?especially at health and fitness. AI ?smartglasses are the breakout, with Meta's technology powering glasses made by Ray-Ban parent EssilorLuxottica. Their shipments climbed to nearly 6 million units last year, according to data from Smart Analytics Global. The company has about four augmented reality and mixed-reality (MR) glasses in development, ?the
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