Meta Platforms [NASDAQ:META] surprised the tech world during its annual Connect conference this week by presenting its first functional prototype of augmented reality glasses, Orion. This device, made of magnesium alloy and featuring custom silicon technology, marks a significant step in the evolution of augmented reality.
The Orion glasses allow users to interact through a neural interface on the wrist and voice commands, offering a futuristic and unprecedented experience. According to Mark Zuckerberg, this prototype is a 'development kit' with which Meta hopes to refine the technology to make it smaller and more accessible in the future.
Meta Platforms stock hits new ATH
The announcement of the Orion glasses had a positive impact on the market. Meta Platforms' shares rose more than 2.20% on September 25, 2024, reaching a new all-time high of $576 per share. This increase reflects investor optimism about Meta's ability to lead the development of emerging technologies and consolidate its position in the augmented and virtual reality market. Constant innovation in these fields seems to be a strategy that the market values and supports.
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