Snap unit partners with Qualcomm for AI glasses

Snap's smart glasses unit, Specs, has entered into a multi-year agreement with Qualcomm to utilize their chips for upcoming devices. This collaboration marks a significant strategic move for Snap as it aims to enhance its capabilities in the competitive AI-powered wearable technology market. The deal builds upon a long-standing relationship, with Qualcomm chips having powered previous generations of Snap's Spectacles. This partnership is crucial for Specs as it seeks to challenge rivals like Meta, which has seen success with its AI smart glasses developed in conjunction with EssilorLuxottica.