Meta Unveils $299 AI Glasses, Plans Arena Prediction Markets App
META•Meta is developing Arena, a prediction markets app aiming to leverage its 3.5 billion monthly user base to compete with Polymarket and Kalshi following its 2022 shutdown of Forecast. It also launched $299 AI-powered glasses in 26 styles under its branding to expand its wearable computing platform.
1. Meta Plans Arena Prediction Market App
Meta is developing a new prediction markets platform called Arena, aiming to leverage its 3.5 billion monthly users to rival Polymarket and Kalshi. The initiative follows its 2020 Forecast experiment, which was shuttered in 2022 due to low adoption, and reflects growing investor interest in crowdsourced event predictions.
2. Meta Unveils $299 AI-Powered Glasses
Meta introduced AI-powered glasses starting at $299, offering 26 frame styles, colors, and prescription options. Built under Meta branding in partnership with EssilorLuxottica, this launch undercuts last year's $800 models and seeks to position smart glasses as an accessible consumer platform.
