Meta Unveils Orion AR Glasses 🍭

Today’s Menu 🥠

• Meta Unveils Orion AR Glasses Prototype

• OpenAI Leadership Shakeup Amid Profit Shift

• AI Gadgets Struggle As Rabbit R1 Falls Short

• Everything Else You Need To Know

Read Time: 2.5 minutes

Fast Snacks 🥡

Cloud-Based Restaurant Management Platform Raises $45M Series B
Japan-based Dinii, a cloud-based platform for restaurant management, raised $45M to expand its POS system and financial services, with Bessemer Venture Partners leading the round…

Mozilla Faces Privacy Complaint Over Firefox's New Tracking Feature
Mozilla is under fire from EU privacy group noyb, which accuses the company of violating GDPR by enabling a browser-level tracking feature in Firefox without users’ explicit consent…

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Zuckerberg
Meta Unveils Orion AR Glasses Prototype

At Meta's Connect event, the company unveiled its most advanced AR glasses prototype yet, called Orion.

This cutting-edge device features a 72-degree field of view, neural and hand tracking, and a low-power consumption computing system, all while maintaining a sleek and wearable design.

The glasses also come with an electromyography wristband, allowing users to control the interface with minimal arm movement.

Positioned as one of the tech industry's "North Star" products, Orion is a step toward making AR the next big computing platform.

Sam Altman
OpenAI Faces Leadership Shakeup Amid Profit Shift

OpenAI is undergoing significant leadership changes, with CTO Mira Murati, chief research officer Bob McGrew, and VP Barret Zoph leaving the company.

Murati, who was instrumental in launching ChatGPT and DALL-E, cited a desire for "time and space" to explore new opportunities.

The departures come as OpenAI transitions to a for-profit structure, with CEO Sam Altman expected to receive a 7% equity stake.

These moves are part of OpenAI's broader shift toward becoming a for-profit benefit corporation and, seemingly, Sam Altman’s desire for a fatter bank account.

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AI Gadgets Struggle as Rabbit R1 Falls Short

The AI gadget market is seeing its hype dwindle, with the Rabbit R1 experiencing low user engagement.

Despite selling 100,000 units, only 5,000 people use the device daily, as revealed by Rabbit founder Jesse Lyu.

The gadget launched prematurely to beat big tech competition but failed to live up to expectations. Similar struggles are evident with Humane's AI Pin, which has also seen declining interest.

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Everything Else You Need To Know

Texas Leads In Solar & Battery Storage Growth: In August, Texas built more solar power and battery storage capacity than the rest of the United States combined, and was the only state to add wind capacity that month.

Meta’s VR app store expands to 2D apps: Meta's Quest app store now supports 2D and web apps, allowing developers to create apps similar to those found on smartphones and tablets, and enabling users to place and resize apps while using VR.

Moonwalkers Aero robot shoes launched: Shift Robotics' new Moonwalkers Aero shoes are lighter and quieter than the original version, featuring six wheels, a magnesium alloy powertrain, and a top speed of 7 mph for $1,199.

Masimo CEO Joe Kiani resigns: Masimo’s CEO, Joe Kiani, has resigned following a proxy battle with Politan Capital Management and is filing a claim against the company; Michelle Brennan has been named interim CEO.

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