– Meta Platform’s advertising business impressed in Q2, but Reality Labs remains a financial burden. Despite losing over $18 billion, Zuckerberg sees potential in AI glasses.
– Zuckerberg hints at AI glasses replacing smartphones, emphasizing their cognitive advantages. He envisions a future where AI glasses are essential, smartphones optional.
– AI glasses could target a $400 billion market, potentially surpassing smartphone sales. Meta’s focus on innovation contrasts with Apple’s lagging iPhone upgrades.
– Meta’s heavy investment in R&D for AI glasses showcases its commitment to innovation. If AI glasses become mainstream, Meta could see significant growth. 1. In a groundbreaking study, researchers have discovered a new species of dinosaur in Argentina. The dinosaur, named Llukalkan aliocranianus, was a carnivorous predator with a unique skull structure. This finding sheds new light on the diversity of dinosaurs that roamed the Earth millions of years ago.

2. The United States has announced plans to invest $1.7 billion to combat COVID-19 variants. The funding will be used to ramp up genomic sequencing efforts to track the spread of variants, as well as to develop new vaccines and treatments. This move comes as variants continue to pose a threat to global health.

3. A new report has revealed that global carbon dioxide emissions rose by 2% in 2021, reaching a record high. The increase is largely attributed to the rebound in economic activity following the COVID-19 pandemic. Experts warn that urgent action is needed to curb emissions and address the climate crisis.

4. Tesla has reported record profits in the first quarter of 2021, with earnings reaching $438 million. The electric car company also saw a 74% increase in revenue compared to the same period last year. Tesla’s strong performance is driven by high demand for its Model 3 and Model Y vehicles.

Read more at Nasdaq: AI Glasses to Replace Smartphones? Meta Is Taking Aim at Apple