13 AI News You Probably Missed

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5. Meta Platforms, Inc. (NASDAQ:META)

Market Capitalization: $1.5 Trillion

Meta Platforms, Inc. (NASDAQ:META) engages in the development of products that enable people to connect and share with friends and family. Latest reports, published by news agency Reuters, indicate that Chinese tech giant Baidu has unveiled smart glasses powered by an AI assistant as it prepares to compete with Meta Platforms in AI-capable devices. Like the smart glasses marketed by Meta, the Baidu version also comes with cameras to capture photos and videos and supports voice interactions powered by Ernie. The hardware division of the firm, named Xiaodu, developed the glasses.

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