Alibaba enters wearables market with AI smart glasses teaser

Source Cryptopolitan

Alibaba Group Holding has entered the Chinese smart wearables industry after previewing its first AI-powered glasses. The company previewed the AI-powered smart glasses at the World Artificial Intelligence Conference (WAIC) in Shanghai, the largest annual event in the country.

The AI race has been hot in the last few months, as some firms are looking to debut new products, while others are looking to improve their own products. The Quark AI glasses, named after the company’s AI assistant, were revealed to the public for the first time at the event on Saturday.

The company announced at the event that it has finished developing the product and an official launch is being planned for this year, even though it didn’t commit to a specific date or timeline.

According to several reports, the glasses were presented as part of a full ecosystem powered by cutting-edge hardware and deep AI integration.

The dual-chip setup is expected to balance performance and battery life, allowing users to use its AI functions without the need to charge the device frequently. Its dual-option approach also helps the company address the issue of productivity, giving users who want overlays and minimalist users who prefer light designs what they want.

Alibaba showcases its AI-powered smart glasses

This unveiling marks Alibaba’s debut in the smart glasses market, which has seen an increase in local competition. Domestic firms like Rokid and Xreal have been working overtime, releasing new products to users over the past few months. Alibaba has also deepened its reach in the industry, inking a partnership with augmented reality glasses maker RayNeo earlier this year.

The partnership will see the company provide AI support for the Hong Kong-based firm’s products. Alibaba is expected to use its Qwen large language models (LLMs), the technology underpinning its generative AI services, to provide the exclusive service to RayNeo’s products.

“This partnership represents a new application of the Qwen LLM in the field of smart glasses,” Zhou Jingren, chief technology officer of Alibaba Cloud, said. The collaboration also marked the first in-depth partnership between an LLM developer and an AI glasses manufacturer in China.

Speaking about the new AI smart glasses at a sub-forum, the head of smart terminal business at Alibaba’s Intelligent Information business group, Song Gang, mentioned that AI glasses are expected to become the most important form of wearable intelligence in the future. Gang said that the product will serve as another pair of eyes and ears for humans.

This recent move is part of a broader strategy by Alibaba to increase its AI offering. The Hangzhou-based tech company announced in February that it is committed to investing about $53 billion into AI infrastructure in the next three years. The company said at the time that the funding, which is the largest in China by a single private business, shows its commitment to AI.

Alibaba CEO Eddie Wu Yongming said the company plans to pursue an aggressive investment strategy at that time. The move came after the popularity of Chinese startup DeepSeek and the popularity of its models at the beginning of the year. The startup released its globally accepted R1 model, a model that outpaced many existing models at the time.

Alibaba is also expected to improve the development of its software and hardware products through its Qwen AI model series.

Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Weekly Market Outlook: U.S. October CPI Focus and Powell and Fed Officials SpeakInsights – This week, the U.S. will release October CPI data, with inflation expected to face challenges in easing further. Retail sales data will also be closely watched for insights into the economy, guiding the Fed's future policy.
Author  Mitrade
Nov 11, 2024
Insights – This week, the U.S. will release October CPI data, with inflation expected to face challenges in easing further. Retail sales data will also be closely watched for insights into the economy, guiding the Fed's future policy.
placeholder
October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changedRate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
Author  Irene Q.
Sep 23, Wed
Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
placeholder
【Daily Brief】30-year Treasury tops 5.59%, S&P 500 slips to 7,670 and gold holds $4,180 — PCE lands tonightThe 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.
Author  Suzie
Sep 30, Wed
The 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.
placeholder
Gold falls to near $4,150 as higher Treasury yields, oil prices outweigh softer PCE inflationGold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday. 
Author  FXStreet
Oct 01, Thu
Gold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday. 
placeholder
WTI Price Forecast: Dips to $91.50 as Middle East jitters limit lossesWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some sellers during the Asian session on Friday, snapping a two-day winning streak and stalling the previous day's recovery from the vicinity of a nearly four-week low.
Author  FXStreet
Oct 02, Fri
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some sellers during the Asian session on Friday, snapping a two-day winning streak and stalling the previous day's recovery from the vicinity of a nearly four-week low.
goTop
quote