Amazon's Alexa has made its way into augmented reality smart glasses. Paul Boris, Chief Operating Officer at Vuzix, showcases the company's integration of voice-technology into its glasses at CES in Las Vegas.
Vuzix, a supplier of smart glasses and augmented reality technologies, looks to launch the first pair of its kind during the second quarter of 2018. Users will be able to use their voice to activate Alexa and project information in the new field of view. Boris explains that the goal of the $1,000 smart glasses is to help people stay digitally connected while remaining present in the real world.
Vuzix isn't the first company to take on smart glasses. Google struggled with Google Glass, and many would say Snap's Spectacle product underperformed. Boris responds by describing how Vuzix's product is different and breaks down why now is the right time for his company to roll out a consumer product with Amazon Alexa integration.
Tech apprenticeship platform Multiverse became a unicorn with a $1.7 billion valuation, after raising $220 million in a Series D round. As companies across the country face challenges in hiring and retaining tech talent, Multiverse says it's trying to offer a solution with a new way to train and hire workers that can serve as an alternative to college and corporate training. Sophie Ruddock, VP and GM North America of Multiverse, joins Cheddar News' Closing Bell to discuss.
Bitcoin's price has fallen below $24,000, its lowest level since December 2020. Matt Hougan, CIO at Bitwise Asset Management, joined Cheddar News to discuss the future of crypto amid the latest high-profile point of concern, the halting of withdrawals at Celsius Network. "Last month we saw Luna collapse. This month we're seeing Celsius possibly collapsing," he said. "So this stress test is finding weaknesses in the crypto ecosystem and it will continue until we get to a strong foundation from which crypto can recover."
An analyst at JP Morgan is predicting massive future growth for Apple in its music and gaming divisions — to the tune of more than $8 billion in revenue by 2025. Cheddar News anchors Kristen Scholer and Hena Doba discuss the glowing forecast for the tech giant.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
U.S. markets opened sharply lower on Friday on hotter-than-expected inflation data. The May CPI showed an 8.6% jump in consumer prices year-over-year, higher the expected 8.3%. Mark Howard, Senior Multi-Asset Specialist at BNP Paribas joined Cheddar's Opening Bell to discuss.
