June 16 : Snap CEO Evan Spiegel told Reuters the company's new Specs augmented-reality glasses are part of its long-term strategy, pushing back on activist investor demands to shut down or spin off the cash-burning unit behind the device.The Snapchat parent launched the device, its first consumer AR glasses,

Snap's Specs AR glasses cost $2,195, ship this fall with 4-hour battery, 51° FOV, and AI from OpenAI and Google. Preorders open with a $200 deposit.

Snap CEO Evan Spiegel lays out the company’s vision for its augmented-reality smart glasses, arriving later this year.