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Thursday, October 31, 2024
Meta (NASDAQ: META) Exceeds Expectations but Anticipates Higher AI Spending for 2025
Wearable Devices Ltd. (NASDAQ: $WLDS) Versus Meta (NASDAQ: $META) in the AR Glasses Battle? @WLDS_Ltd
Wearable Devices Ltd. (NASDAQ: $WLDS)
Versus Meta (NASDAQ: $META) in the AR Glasses Battle? @WLDS_Ltd
Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas,
including AI and tech stocks reports on news and developments for Wearable
Devices Ltd. (Nasdaq: WLDS) (WLDSW),
an award-winning pioneer in artificial intelligence (“AI”)-based wearable
gesture control technology.
According to ResearchAndMarkets.com, “The global market
for Smart Augmented Reality (AR) Glasses was estimated at 678.6 Thousand Units
in 2023 and is projected to reach 13 Million Units by 2030, growing at a CAGR
of 53.0% from 2023 to 2030.”
Yesterday Wearable Devices announced an innovative
collaboration with TCL-RayNeo™ leader in augmented reality (“AR”) technology,
aiming at bringing mass-market neural interface wristband for AR glasses to
life now.
Both parties will be showcasing how neural interface wristband
can be seamlessly integrated into AR devices, enhancing user experience by
enabling hands-free, gesture-based interactions in augmented and mixed reality
environments. This collaboration, previously announced earlier this month,
highlights a groundbreaking leap towards more immersive, intuitive user
experiences with the objective of being available as soon as next year.
For comparison, Meta (NASDAQ: META) announced last month its entrance into
the gesture control space and presented its neural wristband as a 'Purposeful
Product Prototype' for smart glasses. RayNeo is known for its innovations in
AR, developing cutting-edge AR glasses that enhance immersive experiences by
overlaying digital content in the real world. By integrating RayNeo’s AR
glasses with Wearable Devices’ neural gesture control technology, users can
experience a truly hands-free interaction, elevating the immersive experience
to new heights.
Paid
News Dissemination of behalf of WLDS
Read this news, featuring WLDS in full at https://www.investorideas.com/news/2024/technology/10311Wearable-Devices-WLDS-AR-Glasses.asp
“Our collaboration with RayNeo signals a thrilling new
chapter in neural gesture technology,” said Asher Dahan, Chief Executive
Officer of Wearable Devices. “Our breakthrough Mudra Band and Mudra Link
technology is redefining how users interact in mixed reality, offering more
natural and instinctive control. Together with RayNeo, we’re creating immersive
experiences that feel almost magical, as if technology has become an extension
of oneself.”
“Collaborating with Wearable Devices represents a
significant leap forward in the future of AR technology,” said Howie Li, Chief
Executive Officer of RayNeo. “By combining RayNeo’s advanced AR glasses with
the cutting-edge neural interface technology from Wearable Devices, we are
committed to providing innovative solutions that empower users and transform
everyday experiences. We believe this collaboration will lead to a new era of
smart, intuitive, and immersive wearable experiences.”
This collaboration highlights the potential for future
innovations in the extended reality (“XR”) market. The combination of RayNeo’s
advanced AR hardware and Wearable Devices’ neural input technology creates
exciting possibilities for the next generation of smart wearables, offering
seamless and touchless control across various applications. The details of the
full terms of this collaboration are subject to negotiation and execution of
definitive agreements.
Recent news release:
https://finance.yahoo.com/news/wearable-devices-tcl-rayneo-join-125000032.html
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Wearable Devices Ltd. (NASDAQ: WLDS) is
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Wednesday, October 30, 2024
Social Media Stock Reddit (NYSE: RDDT) Soars on Growth as Investors and Consumers Seek Trusted Information Sources
AI /Wearable Stock Wearable Devices Ltd. (Nasdaq: $WLDS) Looks to the Future of Technology; @WLDS_Ltd
AI /Wearable Stock Wearable
Devices Ltd. (Nasdaq: $WLDS) Looks to the Future of Technology; @WLDS_Ltd
Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas,
including AI and tech stocks reports on news and developments for Wearable
Devices Ltd. (Nasdaq: WLDS) (WLDSW),
an award-winning pioneer in artificial intelligence (“AI”)-based wearable
gesture control technology.
According to MarketsandMarkets, “The global wearable AI market size was valued at USD 62.7
billion in 2024 and is estimated to reach USD 138.5 billion by 2029, growing at
a CAGR of 17.2% during the forecast period from 2024 to 2029.”
“The growth of the wearable AI market is fuelled by its
seamless integration with smartphones and the Internet of Things (IoT),
increasing awareness of health and fitness among the general population, and
continuous technological advancements in wearable devices.”
On October 21st Wearable Devices Ltd. (Nasdaq: WLDS) announced the release of a landmark white paper titled, “Elevating AR Glasses User Experience with Gesture
Control and Neural Wristband.” The white paper provides an in-depth and
definitive analysis of emerging trends in gesture control technology, comparing
camera-based solutions with wearable neural interfaces that present a clear
case for the future of seamless, wrist-worn input control.
This sweeping industry and technology analysis draws on
Wearable Devices’ decade of experience developing pioneering human-computer
interaction (HCI) solutions, including the Company’s award-winning Mudra Band,
the world’s first neural interface wristband.
Wearable Devices’ thought leadership highlights not only
the current landscape of gesture control for face-worn devices but also
identifies critical challenges and opportunities for improving usability,
comfort and interaction quality.
Paid
News Dissemination of behalf of WLDS
Read this news, featuring WLDS in full at https://www.investorideas.com/news/2024/technology/10301Wearable-Devices-WLDS.asp
“Our far-reaching history in developing neural
gesture-control technology uniquely positions Wearable Devices to provide this
rigorous level of analysis,” said Wearable Devices Chief Executive Officer
Asher Dahan. “Our Mudra technology represents a step forward in creating fluid
and precise interactions with augmented reality (“AR”) glasses, eliminating the
limitations of conventional input systems. This white paper offers key insights
that help businesses and developers envision new ways to create user
experiences where technology becomes an extension of natural human movement.”
By publicly releasing this white paper to the AR industry,
Wearable Devices reaffirms its role as a pioneer in neural gesture control and
as a leader in shaping the future of wearable technology. Businesses,
developers and innovators are invited to download the full white paper to
explore in-depth analyses, research findings and actionable insights.
The white paper is now available for download on the Wearable
Devices website https://www.wearabledevices.co.il/whitepaper
Recent news release:
https://finance.yahoo.com/news/wearable-devices-unveils-foundational-white-123500814.html
Research more AI and tech stocks with
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About Investorideas.com - Big
Investing Ideas
Investorideas.com is the go-to platform for big
investing ideas. From breaking stock news to top-rated investing podcasts, we
cover it all. Our original branded content includes podcasts such as Exploring
Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create
free investor stock directories for sectors including mining, crypto, renewable
energy, gaming, biotech, tech, sports and more. Public companies within the
sectors we cover can use our news publishing and content creation services to
help tell their story to interested investors. Paid content is always
disclosed.
Disclaimer/Disclosure:
This news featuring Wearable Devices Ltd.
(Nasdaq: WLDS) is a paid for service on Investorideas.com. Our site does
not make recommendations for purchases or sale of stocks, services or products.
Nothing on our sites should be construed as an offer or solicitation to buy or
sell products or securities. All investing involves risk and possible losses.
This site is currently compensated for news publication and distribution,
social media and marketing, content creation and more. Disclosure is posted for
each compensated news release, content published /created if required but
otherwise the news was not compensated for and was published for the sole
interest of our readers and followers. Contact management and IR of each
company directly regarding specific questions. More disclaimer info: More disclaimer
and disclosure
info https://www.investorideas.com/About/Disclaimer.asp
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