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Meta Platforms plans to start testing an AI pendant in the next year, as it charts a roadmap for wearable devices in an effort to reverse losses in its hardware division, The Information reported on Friday, citing a memo.
Meta declined to comment to Reuters on the report.
The Facebook and Instagram owner plans to significantly expand its selection of AI glasses and add a business-focused service called “Wearables for Work”, the report said, citing an internal memo by Alex Himel, Meta’s vice president of wearables.
The report comes after Meta’s hardware unit Reality Labs reported a loss of $4.03 billion in the first quarter on revenue of just $402 million.
