Tech
Meta Connect developer conference
(Photo: Andrej Sokolow, Getty Images)
Thick frames, full hearts

Either Zuck or nothing

Do you want chunky glasses called "Orion"? That's what Meta thinks you want.

Jon Keegan

Mark Zuckerberg just wrapped up the keynote address at Meta Connect, the company’s annual developer conference.

Clad in an oversized black T-shirt emblazoned with Latin text reading “aut Zuck aut nihil” (“Either Zuck or nothing”), the Meta CEO ran through several tech demos, suffered some minor glitches, and talked about Dame Judy Dench, avocado smoothies, cattle ranching tips, and showed off some THICK prototype holographic glasses.

Zuckerberg noted that the company’s multi-year effort working on glasses, AI, and mixed reality are starting to bear fruit.

“We can start to see how the future of computing and the future of human connection are going to look, and it's pretty awesome,” said Zuckerberg.

It’s also going to look a little weird! The big reveal at the end of the keynote was a pair of holographic augmented reality glasses called “Orion” that the company has been working on for a decade, according to Zuckerberg.

Meta Orion
Photo: Meta

Unlike Apple’s face-hugging Vision Pro, Orion glasses look like — glasses — albeit so thick they look like they were pulled off the face of a Pixar character.

In a video of people’s reactions, the prototype glasses elicited a chorus of "that’s crazy" from various tech buddies such as digital marketer Gary Vaynerchuk and Nvidia CEO Jensen Huang.

It sounded like Orion wasn’t going to be ready to ship for a long time, probably due to the expense of the novel technology, which uses “tiny projectors in the arms of the glasses that shoot light into waveguides that have nanoscale 3D structures etched into the lenses,” Zuckerberg said. According to reporting from The Verge, the first generation of these expensive glasses will likely never in fact be sold to the public, who will have to wait for Orion’s second generation.

Other demos featured live language translation through Ray-Ban Meta glasses, AI-powered video translations of Instagram Reels, and virtual AI avatars that could answer questions on your behalf for... all your many fans?

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Tesla investors like the idea of merging with SpaceX

Tesla is trading up about 2.5% in early trading Friday after reports Thursday that the Elon Musk-led company was considering a merger with SpaceX, another of Musk’s many companies.

That’s a better showing than the stock’s reaction to its better-than-expected earnings a day earlier, after which shares closed down 3.5%. Acquiring a very valuable, entirely different company, it turns out, is a more attractive prospect than watching an existing one’s revenue and profit decline.

Musk is also reportedly considering merging SpaceX with xAI, his artificial intelligence company, which recently combined with his social media platform, X.

Musk is also reportedly considering merging SpaceX with xAI, his artificial intelligence company, which recently combined with his social media platform, X.

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WSJ: OpenAI plans Q4 IPO in race to be the first AI startup to enter public markets

OpenAI was the first to the generative-AI market with ChatGPT, and now it hopes to be the first of its AI startup cohort to pull off an initial public offering, according to a report from The Wall Street Journal. The $500 billion startup is in a race against its $350 billion competitor Anthropic, which has also been exploring an IPO.

Per the report, OpenAI is in talks with banks to try for a fourth-quarter IPO this year, which has the potential to be one of the largest IPOs ever in a year that is expected to see many record-breaking tech companies tap into public markets to raise sizable new rounds of capital.

Ahead of a potential public listing, OpenAI is reportedly attempting to raise a massive round of private investment. The company is reportedly aiming to raise $100 billion, with Amazon potentially accounting for up to half of that target. Other investors in talks with OpenAI over the private fundraising round include Nvidia, Microsoft, and SoftBank.

Per the report, OpenAI is in talks with banks to try for a fourth-quarter IPO this year, which has the potential to be one of the largest IPOs ever in a year that is expected to see many record-breaking tech companies tap into public markets to raise sizable new rounds of capital.

Ahead of a potential public listing, OpenAI is reportedly attempting to raise a massive round of private investment. The company is reportedly aiming to raise $100 billion, with Amazon potentially accounting for up to half of that target. Other investors in talks with OpenAI over the private fundraising round include Nvidia, Microsoft, and SoftBank.

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SpaceX is actually considering a merger with Tesla or xAI: Report

Bloomberg reports that Elon Musk’s SpaceX is considering merging with Musk’s Tesla. Earlier today, Reuters had reported that SpaceX was thinking of potentially merging with xAI ahead of SpaceX’s IPO this year.

From Bloomberg:

The firm has discussed the feasibility of a tie-up between SpaceX and Tesla, an idea that some investors are pushing, the people said, asking not to be identified as the information isn’t public. Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said.

Musk’s companies already have numerous relationships between themselves, including most recently Tesla’s $2 billion investment in xAI. At Tesla’s shareholder meeting last year, shareholders voted to invest in the company but the board didn’t approve the measure due to significant abstentions.

In 2024, SpaceX incurred about $2.4 million in expenses under commercial, licensing, and support agreements with Tesla, and Tesla incurred about $800,000 in expenses for Musk’s use of SpaceX’s jet.

From Bloomberg:

The firm has discussed the feasibility of a tie-up between SpaceX and Tesla, an idea that some investors are pushing, the people said, asking not to be identified as the information isn’t public. Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said.

Musk’s companies already have numerous relationships between themselves, including most recently Tesla’s $2 billion investment in xAI. At Tesla’s shareholder meeting last year, shareholders voted to invest in the company but the board didn’t approve the measure due to significant abstentions.

In 2024, SpaceX incurred about $2.4 million in expenses under commercial, licensing, and support agreements with Tesla, and Tesla incurred about $800,000 in expenses for Musk’s use of SpaceX’s jet.

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