Specs' $2,195 augmented reality glasses are officially here. 👓
Designed as a wearable computer, Snapchat CEO Evan Spiegel says they're "one of the richest and most immersive visual experiences today."
Snapchat's stock was up nearly 4% at open on Thursday, the day of the product release, and closed at -0.88%.
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Snapchat's stock dropped by 9% after the debut of its augmented reality glasses that cost $2,195
To reserve a pair users will have to put down a $200 deposit
SNAP has launched SPECS, a new kind of computer built into a pair of augmented reality (AR) glasses, designed to help you get things done through interactions using your hands and voice.
SPECS will be available to try in person beginning October 1 at SPECS First Look at Westfield Century City in Los Angeles.
Finally touching grass.
I’m testing fable5 tonight via web augmented reality. Using threejs + 8thWall (SLAM tracking), this took two prompts. Really exciting to see the potential here
I’m dragging my fingers to draw out where the grass is placed along with physics objects
Close enough. Welcome back, Tony Stark. 👓
Robert Downey Jr. is SPECS new Chief Customer Experience Officer.
Downey Jr. will work alongside the SPECS team to explore new augmented reality capabilities, experiences, and develop original content.
I dreamt I was driving and saw an aurora borealis in the middle of the day. I was so distracted by it I crashed into the ocean.
Then I learned it wasn't real but an AI augmented reality projection that the car maker added in a software update to make the sky prettier.
⚡Funding Brief⚡
Morphotonics has closed a Series B financing round of more than €40 million, with the European Investment Bank confirming a signed €20 million convertible loan. The EIB says BOM and Invest-NL also contributed to the round.
The Dutch deep-tech company builds large-area nanoimprint lithography platforms. Nanoimprint lithography replicates nanoscale patterns across large surfaces, and it's used to manufacture optical components for AI glasses, augmented-reality waveguides and other photonic applications.
The financing is meant to scale those platforms and expand manufacturing capacity for advanced optical components. Morphotonics' own announcement confirms the Series B has closed, though the verified sources don't disclose a full capitalization table or the round's valuation.
What stands out about the structure is that a sizable public-sector convertible loan sits alongside contributions from other investors, tying scale-up capital directly to a manufacturing bottleneck in emerging AI optics.
Source: EIB / Morphotonics, 2026-09-22