Categories: Overall

Snap is reportedly developing a new pair of augmented-reality glasses and a drone

Snap, the company behind Snapchat, is planning to continue its push into hardware devices with a new pair of augmented-reality glasses and a drone. The spectacles will reportedly include displays so the wearer can see the AR effects without having to use their phone.

A source says that the new spectacles 3 will be meant for developers and creators, rather than consumers. At $ 380, the spectacles 3 are already mostly limited to that market as well.

The spectacles are mainly capture devices, acting as head-mounted cameras. The company lost $ 40 million when it was stuck with unsold inventory of the original pair.

The company’s CEO has said that AR hardware will be part of what defines snap by the end of this decade. If it wants to continue pushing its AR glasses, it will have to contend with competition from Apple and Facebook.

There have been rumors about snap working on a drone for years, and back in 2017 it acquired a drone company. The information also reports that snap invested $ 20 million into a Chinese drone company as well.

Spread the AI news in the universe!
Nuked

Recent Posts

The Troubles with the BMW i4 Electric Car

Hey followers! Let's dive into a funny yet frustrating story about the BMW i4 electric…

4 weeks ago

Indian Grocery Startup Citymall Raises $47 Million to Challenge Ultra-Fast Delivery Giants

Hey there, tech lovers! Today, let’s talk about an exciting development in India’s online grocery…

4 weeks ago

Massive U.S.-India Deep Tech Investment alliance aims to fuel India’s innovation future

Hey folks, Nuked here! Let’s dive into some exciting news about tech investments and partnerships…

4 weeks ago

Innovative ZincBattery Technology for Sustainable Energy Storage

Hey everyone! Nuked here, bringing you some exciting tech news with a dash of humor.…

4 weeks ago

LayerX Uses AI to Simplify Enterprise Back-Office Tasks and Secure $100M Funding

Hey there, tech enthusiasts! Nuked here, ready to serve some exciting news about how AI…

4 weeks ago

Space Investing Goes Mainstream as VCs Shift Focus

Hello followers! Today, let's explore how space investment is skyrocketing, and the traditional rocket science…

4 weeks ago