Meta explores AI pendant as Reality Labs seeks turnaround: The Information
Meta's push into AI continues to accelerate, even as its Reality Labs business remains a major source of losses.
Meta Platforms is preparing to test a new AI pendant and expand its wearable device lineup as part of an effort to boost hardware growth, according to a report from The Information.
The company is reportedly developing additional AI glasses products and a new enterprise-focused service called “Wearables for Work,” based on an internal memo from its wearables division.
The push comes as Reality Labs continues to generate heavy losses despite Meta’s growing investments in smart devices and AI.
The metaverse-focused unit reported a first-quarter operating loss of about $4 billion on sales of $402 million. Reality Labs, which builds VR, AR, and wearable technologies, has lost more than $80 billion since late 2020 despite years of investment in Meta’s virtual world ambitions.
Meta has scaled back parts of its Reality Labs operations, cutting jobs and reallocating resources toward AI-powered wearables following the success of its smart glasses partnership with Oakley maker EssilorLuxottica.
The company reportedly hopes to sell 10 million wearables in the second half of 2026 and is leveraging partnerships with Ray-Ban and Oakley maker EssilorLuxottica to expand its reach.