Alibaba's New AI Glasses Let You Pay, Navigate, And More

Alibaba unveiled its first AI-powered smart glasses at the World Artificial Intelligence Conference in Shanghai, according to the South China Morning Post. Alibaba has completed development of its Quark AI smart glasses and plans to launch them later this year. The device marks the company’s debut in the smart glasses market. The device uses Qualcomm’s Snapdragon AR1 chip and dual operating systems for real-time interaction with Alibaba’s ecosystem. Users can make payments, check prices, and navigate using QR codes. The Chinese tech giant designed its AI glasses to address battery and AI limitations, with a thinner build and a focus on becoming the leading form of wearable intelligence. Alibaba shares are up 42% year-to-date, boosted by Goldman Sachs’s $1 billion investment, making it the company’s largest institutional shareholder.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Alibaba unveiled its first AI-powered smart glasses at the World Artificial Intelligence

00:06Conference in Shanghai, according to the South China Morning Post. Alibaba has completed

00:10development of its Quark AI smart glasses and plans to launch them later this year.

00:15The device marks the company's debut in the smart glasses market.

00:18The device uses Qualcomm's Snapdragon AR1 chip and dual operating systems for real-time

00:22interaction with Alibaba's ecosystem. Users can make payments, check prices,

00:26and navigate using QR codes. Chinese tech giant designed its AI glasses to address

00:31battery and AI limitations, with a thinner build and a focus on becoming the leading

00:35form of wearable intelligence. Alibaba's shares are up 42% year-to-date, boosted by

00:40Goldman Sachs' $1 billion investment, making the company's largest institutional shareholder.

00:45For all things money, visit Benzinga.com.

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