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Effective URL: https://www.pymnts.com/meta/2024/meta-launches-ai-powered-ray-bans-for-users-in-europe/?utm_source=snapi
Submission: On November 19 via api from BE — Scanned from DE
Effective URL: https://www.pymnts.com/meta/2024/meta-launches-ai-powered-ray-bans-for-users-in-europe/?utm_source=snapi
Submission: On November 19 via api from BE — Scanned from DE
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WATCH NOW | SUBSCRIBE * Search * PYMNTS TV * Today * B2B * Retail * Fintech * Digital Transformation * Crypto * AI * PYMNTS® Intelligence * Trackers * Proprietary Data Studies * PYMNTS Data Lab * MonitorEdge Series PYMNTS® Intelligence Trackers Proprietary Data Studies PYMNTS Data Lab MonitorEdge Series * Markets * Events * More TOPICS * Artifical Intelligence * Connected Car * Buy Now Pay Later * Banking * Cloud * Cross-Border Payments * Gig-Economy * Grocery & Pharmacy * Healthcare Payments * Insurtech * Small & Medium Businesses * Social Platforms * Subscription Commerce * Travel * TechREG® * Real-Time Payments * Restaurants * EMEA FEATURED * SEE ALSO: * Editor’s Picks * Opinion * CE100 Index * Working Capital & Liquidity * Competition Policy International A PYMNTS Company STAY CURRENT * Events * Subscribe * Become a Partner META LAUNCHES AI-POWERED RAY-BANS FOR USERS IN EUROPE By PYMNTS | November 18, 2024 | Meta AI says its Ray-Ban smartglasses are now available in four European countries. Beginning Monday (Nov. 18), users in France, Spain, Ireland and Italy can use these artificial intelligence (AI)-powered glasses to get answers to questions, with those responses now available in French, Italian and Spanish, as well as in English. “With Meta AI on Ray-Ban Meta glasses, people have a hands-free way to ask questions on-the-go and receive real time answers and information, recommendations, or even receive some creative writing inspiration,” the company said in a news release. For instance, users can ask, “Hey Meta, what’s the best patisserie in Paris?” or “What are some good gift ideas for my kids aged 6 and 8?” and instantly get an answer. Features that rely on Meta AI’s ability to answer questions about what the user can see (“Tell me about this landmark”) are only available in the U.S., Canada and Australia. Meta noted that it will expand the sale the glasses to other parts of the European Union soon, and that it has been working to ensure the product complies “with Europe’s complex regulatory system.” The rollout comes as the tech giant — like many of its contemporaries — faces ongoing regulatory pressure in Europe. Last week, the European Commission fined Meta 797.72 million euros (about $842 million), saying the company had broken European Union (EU) antitrust rules by tying Facebook Marketplace to Facebook. The commission found that Meta gave its online classified ads service a significant advantage over its rivals by automatically giving the users of its social network access to it, whether they want it or not. Meta has said it will appeal the decision, while also working to comply with the issues raised by the EC. The company last week said it was promoting its Ray-Ban Meta smart glasses at a Meta Lab pop-up store in Los Angeles that allows visitors to experience the product firsthand, regardless of whether they end up making a purchase. “When you let somebody try out a pair of Ray-Ban Meta glasses, you become the best salesperson ever,” Creative Director Matt Jacobson said in a blog post. “Getting these on people’s faces so they could play with it and discover Meta AI, that is really magical.” In another, separate development in this space, this month saw reports that Apple was exploring the viability of entering the smart glasses market, launching an in-house study of currently available products. RECOMMENDED Meta Launches AI-Powered Ray-Bans for Users in Europe Corpay Renews FX Payments Pact With World Aquatics Spanish Banking Community Joins Instant Cross-Border Payments Plan HSBC Makes Managers Vie for Jobs Amid CEO Streamlining See More In: AI, AI-powered glasses, artificial intelligence, Connected Economy, digital transformation, Internet of Things, Meta, Meta AI, News, PYMNTS News, Ray-Bans, smart glasses, smartglasses, What's Hot MISTRAL ADDS WEB SEARCH TO GENERATIVE AI WORK ASSISTANT By PYMNTS | November 18, 2024 | Mistral is updating its generative artificial intelligence (AI) work assistant le Chat to include web search with citations and other new features. “A significant share of le Chat usage comes from students and professionals who use it for learning, research and work,” the company said in a Monday (Nov. 18) blog post. “To help better facilitate these use cases, we’ve augmented le Chat’s training knowledge with internet search.” This and other new features will be rolled out over the next few weeks, according to the post. Mistral has also added a new interface within le Chat that helps users modify, edit or transform content. The interface, Canvas, can help users create documents, presentation, code, markups and other content, the post said. Other new features added to le Chat and announced Monday include the ability to analyze and summarize large, complex PDF documents and images; the ability to generate high quality images, powered by Black Forest Labs; and the ability to create agents that can automate repetitive workflows like receipt scanning for expense reporting and processing invoices, per the post. These features will be launched as free beta offerings. Mistral is also working toward premium tiers that will have higher service guarantees, according to the post. “If your current AI-productivity toolchain is siloed or expensive, le Chat will give you an alternative to do your best work,” the post said. It was reported in June that Mistral raised €600 million (about $640 million) in a Series B funding round that valued it at $6 billion about one year after its seed round. In July, the firm formed a partnership with French banking group BNP Paribas that provides access to the AI firm’s current and future commercial AI models across the bank’s business lines. The bank is using Mistral’s large language models (LLMs) in customer support, sales, IT and other areas. Also in July, Mistral and Nvidia introduced an AI model called Mistral NeMo that is designed to bring advanced AI capabilities to standard desktop computers. NeMo could change how businesses use AI, moving from cloud-based to desktop-native AI, PYMNTS reported at the time. RECOMMENDED Mistral Adds Web Search to Generative AI Work Assistant Perplexity Launches AI-Powered Shopping Assistant That Can Research and Purchase Lawsuit Accuses Ticketmaster and Live Nation of ‘Racketeering Activity’ Enigma and Databricks Partner to Deliver Financial Health Intelligence See More In: AI, AI search, artificial intelligence, GenAI, generative AI, Le Chat, Mistral, News, PYMNTS News, What's Hot, work assistant TRENDING NEWS Mistral Adds Web Search to Generative AI Work Assistant Perplexity Launches AI-Powered Shopping Assistant That Can Research and Purchase Lawsuit Accuses Ticketmaster and Live Nation of ‘Racketeering Activity’ THE BIG STORY CFOs and Treasurers Rethink ROI on Cash and Working Capital Strategies FEATURED NEWS Fed’s Supervision Report Takes Note of Rising Card Delinquencies From Approval to Bank Account: Why Instant Disbursements Are Critical for Lenders Commercial Cards Become Cash Flow Catalysts for Cross-Border B2B Payments Straight Outta Stealth: Connyct Builds Social Media for the Next Generation Credit Unions Trade Complexity for Simplicity and Win Customer Loyalty Why the Customer Experience Should Drive Fraud Prevention Strategies 67% of FinTechs Prioritize Mobile Capabilities to Drive Growth and Engagement SUBSCRIBE PYMNTS Today Artificial Intelligence Cryptocurrency B2B Digital Transformation SUBSCRIBE Loading... 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