BRN 5.26% 18.0¢ brainchip holdings ltd

An update on Facebook's AR glasses. They are holding an event...

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    An update on Facebook's AR glasses. They are holding an event end of October about AR/VR products. An interesting comment is that Facebook thinks AR/VR will be in 75% of all businesses in the next 2 years. Which is interesting because Akida will be an integral component for future AR/VR devices due to low SWaP-C. It's also interesting given Brainchip intends to saturate the market with Akida chips. If this prediction holds true and there are no other commercial neuromorphic chips in the market for at least three years, this is highly indicative of the potential market share / monopoly Brainchip are capable of acquiring in this space.

    Pure speculation, DYOR

    https://martechvibe.com/news/facebook-announces-the-date-for-facebook-connect-ar-vr-showcase/

    FaceBook Announces the Date for FaceBook Connect AR/VR Showcase

    Facebook recently announced that they are going to launch their FaceBook Connect AR/VR showcase on October 28this year.

    Facebook Connect is where the company traditionally makes big announcements related to its AR and VR tools. Last year, Facebook unveiled its Quest 2 VR headsets, while it also provided more detail on its Project Aria AR wearables project. In 2019, Facebook detailed its advances in hand tracking technology for more immersive VR experiences, while it also shared the first glimpses of its Horizon VR social world.

    With Facebook close to launching the first iteration of its AR glasses (which it’s now calling smart glasses, as they won’t have full AR functionality), VR continues to see strong take-up, particularly as people seek alternative entertainment options amid ongoing COVID restrictions.

    Facebook sees massive potential in AR and VR connection, with the company publishing a report in June which indicated that 75 per cent of all business owners will be utilising AR and VR technology in the next two years, while global spending on AR and VR is set to rise 6x in the same time frame.

    Given this, the 2021 Connect Conference could play host to some significant announcements, aligned with this major shift, which may well end up impacting every aspect of Facebook and Instagram usage.

 
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