Meta Platforms ( NASDAQ: META) is restoring its formerly shelved “Malibu 2” job, with strategies to release its launching smartwatch in 2026. The watch is prepared for to use health tracking functions and an incorporated Meta AI assistant, The Details reported on Wednesday.
The revival of this job marks a substantial return for AI-powered wearables, especially in the fitness and health market.
The report likewise suggested that Meta has approximately 4 enhanced truth (AR) and combined truth (MR) glasses under advancement. The business is presently reviewing its launch schedules to avoid the release of a lot of gadgets in a brief duration, which might possibly puzzle customers.
Truth Labs staff members were alerted in December that the launch of Phoenix, its MR glasses, had actually been postponed till 2027.
The business had actually at first dabbled the concept of a smartwatch around 5 years back, even considering a variation geared up with 3 electronic cameras. Nevertheless, in 2022, the job was postponed due to spending plan cuts in its Truth Labs department.
Meta Platforms did not right away react to Benzinga’s ask for remark.
Meta Doubles Down On Wearables Growth
In January, Meta specified that it is postponing the worldwide launch of its most current AI-powered Ray-Ban wise glasses as U.S. need exceeds supply, requiring the business to concentrate on satisfying domestic orders before broadening abroad. Remarkably, the Ray-Ban Show was expected to be coupled with a wrist-worn “Neural Band” for gesture control with functions like a teleprompter mode and gesture-based composing at CES 2026.
Benzinga’s Edge Rankings location Meta Platforms in the 90th percentile for quality and the 46th percentile for worth, showing its strong efficiency in both locations. Benzinga’s screener permits you to compare Meta’s efficiency with its peers.
Cost Action: On a year-to-date basis, Meta stock decreased 1.11%, according to information from Benzinga Pro. On Wednesday, it increased 0.61% to close at $643.22.
Disclaimer: This material was partly produced with the assistance of AI tools and was evaluated and released by Benzinga editors.
Image through Shutterstock
Market News and Data gave you by Benzinga APIs
To include Benzinga News as your favored source on Google, click on this link.