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Meta Reveals Orion AR Glasses, Offering A Glimpse Into The Future

The prototype was showcased at the Connect conference, bringing the company’s vision of blending virtual and physical worlds closer to reality.

Published

4 months ago

September 26, 2024

Joanna Melki

meta reveals orion ar glasses offering a glimpse into the future

Meta, the parent company of Facebook, has unveiled a working prototype of its augmented-reality glasses — named Orion — at its annual Connect conference. At the event, CEO Mark Zuckerberg outlined his vision to use the AR device to blend the real world with the virtual:

“This is the physical world with holograms overlaid on it,” Zuckerberg said as he slid the glasses from their metal case. Describing Orion as “a time machine” he added, “These glasses exist, they are awesome, and they are a glimpse of a future that I think is going to be pretty exciting”.

The Orion AR glasses are built from magnesium alloy and run on custom silicon chips developed by Meta. They offer users control via hand-tracking, voice commands, and a wrist-based neural interface. Zuckerberg said Meta plans to further refine the glasses, making them smaller, more affordable, and ready for mass production in the near future.

So far, sources have revealed that Meta aims to release its first consumer version of the Orion AR glasses by 2027, once the technology has become more cost-effective.

Also Read: Bybit Launches Islamic Account, Enabling Shariah-Compliant Trading

In addition to Orion, Meta introduced a more modest mixed-reality headset called the Quest 3S, with a starting price of $300. The company also rolled out several new AI tools, including chatbot updates and the ability for Meta AI to auto-insert personalized images into Facebook and Instagram feeds. An audio upgrade also allows users to choose celebrity voices, like Judi Dench or John Cena, for the Meta AI assistant. “I think voice is going to be a way more natural way of interacting with AI than text,” Zuckerberg said.

Finally, Meta has introduced three new versions of its Llama 3 AI models. The company continues to invest billions in AI and metaverse technologies, pushing its capital expenditure forecast for 2024 to a record $37-40 billion.

Related Topics:Augmented Reality Meta Wearables

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Daleel Expands To UAE, Tapping Into $44B Finance Market

The Bahrain-based company offers a personalized financial marketplace with regional expansion supported by investors Flat6Labs and Salica.

Published

21 hours ago

January 20, 2025

Nour Nasir

daleel expands to uae tapping into $44 billion finance market

Daleel, a personalized financial marketplace originally founded in Bahrain, has officially entered the UAE market supported by notable investors, including Flat6Labs and Salica. Known for its ability to connect customers with tailored financial products, Daleel has gained significant traction in its home country, and the company is now eying the wider Middle East’s massive personal finance market, valued at an estimated $44.4 billion.

The platform’s UAE debut was hosted at Visa’s CEMEA Market Support Center in Dubai, marking another milestone for Daleel. The company gained regional attention when it clinched first place and $40,000 in funding at the 2023 Visa Everywhere Initiative finals in Saudi Arabia.

daleel expands to uae

Daleel’s expansion is supported by notable investors, including Flat6Labs and Salica. At the launch event, several key figures in the fintech and financial sectors were present, including Daleel’s co-founders, CEO PK Shrivastava and COO Ridaa Shah.

Reflecting on the launch, PK Shrivastava said, “Launching in the UAE is a landmark moment for the company, and we are pleased to do so alongside Visa, who have championed us from the start. There is a real demand across the region for personalized finance, and we believe this is the right time to expand our marketplace to connect more customers with the best financial solutions”.

Also Read: How (And Why) To Start A Tech Business In Dubai

Daleel’s team combines expertise in open banking, finance, and technology, which has enabled the company to refine its platform for the regional market. Their data-driven system is designed to quickly match customers with financial products, ranging from credit cards and mortgages to savings accounts, offering personalized options in seconds. This transparency and efficiency benefit consumers while providing financial institutions with more cost-effective ways to acquire customers and create data-informed products.

Looking ahead, Daleel plans to secure an open finance license in 2025, which will allow even deeper integration with financial institutions. The company’s ultimate goal is to build a financial ecosystem where decisions that used to take weeks can now be made in minutes, empowering users to achieve better financial outcomes.