Meta climbs after unveiling new AR glasses, AI updates

Investing.com -- Meta climbed Wednesday after debuting its first augmented reality glasses at its annual connect event and unveiling a slew of updates as the tech giant makes a big push to integrate AI features into its various platforms including Facebook and Instagram.

Meta Platforms Inc (NASDAQ:META ) was up 2% in recent trading.

Meta said its Orion augmented reality glasses enable "digital experiences that are unconstrained by the limits of a smartphone screen." The Orion glasses features holographic displays with the ability to integrate contextual AI that can anticipate and proactively address user needs, it added.

The tech giant also unveiled a lower priced Meta Quest 3 mixed reality headset starting at $299, with shipping beginning Oct. 15.

Meta's AI assistant, Meta AI, received a slew of new updates and now has the ability to respond back to questions across the company's platform including Instagram, Messenger, WhatsApp, and Facebook. Users of Meta AI would also be able to choose several voices including the AI clones of celebrities that Meta has worked with.

Meta reported that Meta AI attracts 400m users at least once month.

Source: Investing.com