Meta plans AI pendant, 'wearables for work' in hardware boost (economictimes.indiatimes.com)

Meta Platforms is set to expand its wearable device offerings significantly, including an AI pendant and a new business-oriented service dubbed "Wearables for Work," as revealed in an internal memo from Alex Himel, vice president of wearables. This initiative comes in response to substantial financial losses in Meta's hardware division, Reality Labs, which reported a staggering $4.03 billion loss in the first quarter of the year. Meta's goal is ambitious: to sell 10 million wearable devices by the second half of 2026, relying on partnerships with brands like Ray-Ban and Oakley to produce AI-powered smart glasses. The development of the AI pendant, which records and transcribes real-world conversations, stems from Meta's acquisition of AI-wearables startup Limitless, emphasizing its commitment to innovating in the wearables space. As the company seeks to revitalize its hardware offerings, this move could position Meta as a significant player in the growing market for AI and machine learning in wearables, appealing not just to consumers but also to enterprise users looking for smart solutions in professional settings.