Artificial intelligence might have found its next frontier for disruption: eyewear.
What’s happening:
- KITS Eyecare (TSX: KITS) has announced the launch of a new line of eyewear known as Pangolin Smart Glasses, which allows individuals to seamlessly use artificial intelligence technology through vision and sound
The big idea:
- The Pangolin Smart Glasses allow individuals to send messages, connect directly to the Internet and even ask questions to OpenAI’s ChatGPT
Why it matters:
- Some of the biggest technology companies in the world including Google (NASDAQ: GOOG) and Meta (NASDAQ: META) have been building their own custom technology integrations for eyewear, including camera capabilities and voice powered commands powered by machine learning and artificial intelligence
By the numbers:
- Pangolin Smart Glasses currently retail at $149 CAD
- KITS Eyecare has been growing at a rapid pace, recently announcing record breaking weekly revenue of $1.2M CAD
Going deeper:
- Roger Hardy is the founder of KITS Eyecare and previously built Coastal Contacts into one of the largest marketplaces for contact lenses before eventually exiting the company for $410M CAD
