Snap just unveiled Specs, its first consumer AR glasses priced at a steep $2,195. Unlike Apple's tethered Vision Pro, Specs are fully standalone, packing dual Snapdragon chips, a 51-degree field of view, hand tracking, and built-in AI assistance. They offer up to four hours of battery life and are slated to ship this fall.
Snap just announced plans to lay off around 1,000 employees—16% of its workforce—while closing over 300 open positions. CEO Evan Spiegel told staff that rapid AI advances are eliminating repetitive work and boosting velocity. The company expects the move to save over $500 million by late 2026 to help chart a clear path to net profitability.
Snap just rolled out Snap OS 2.0, giving its AR smart glasses a software overhaul ahead of a wider launch. The update revamps the Spectacles browser with WebXR support, adds a floating Spotlight Lens for vertical videos, and introduces a Travel Mode. Why it matters: Snap plans to launch lighter, Snapdragon-powered Specs in 2026 to take on Meta's Ray-Bans.
Snap just announced plans to sell its lightweight AR glasses, Specs, to everyday consumers starting in 2026. The new see-through frames pack an onboard multimodal AI assistant to process video and audio, alongside developer support for OpenAI and Google DeepMind models.
