Snap Earns $20m Grant to Back California Tech Industry
XR Today - Augmented Reality tag
DECEMBER 5, 2023
Previously, the social media giant unveiled its Spectacles solution, which was a pair of smart glasses with cameras attached that recorded video and uploaded footage to its platform. In the agreement, Snap will allocate the funds for building its AR devices. The firm is expected to receive the funds in 2025.
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