In this article, we take a look at the 13 Best Augmented Reality Stocks to Buy Right Now.
Augmented reality is a game-changing technology that is impacting a wide range of industries by delivering immersive, interactive experiences. Valued at $72.5 billion, the augmented reality market is growing at a compound annual growth rate of 31.5% and projected to reach $1.1 trillion by 2035, according to Future Market Insights.
The rapid growth is supported by rising adoption across consumer, enterprise, and industrial applications. Surging demand for interactive brand experiences and rapid consumer adoption of augmented reality devices are also accelerating the market.
Brands are increasingly integrating augmented reality into campaigns to create hyper-personalized and memorable experiences. According to DataM Intelligence, the Immersive Technology in Advertising Market Size is growing at a compound annual growth rate of 28.1% and projected to hit $153.8 billion by 2032.
On the other hand, AR adoption has gone mainstream, with nearly 60% of the U.S. population using social and messaging apps, and these users are emerging as frequent AR users. Similarly, more than 90% of American shoppers already use AR, according to DataM Intelligence.
Tech giants are also fueling growth in augmented reality by unveiling solutions and products that leverage the game-changing technology. Meta Platforms is rolling out AR-enabled open-ear speakers for calls and messaging, showing how major tech companies are pushing AR glasses into everyday use. Similarly, Snap’s 2025 plan to pay AR creators highlights a move from one-off viral lenses to ongoing, studio-style content creation.
With that in mind, let’s take a look at some of the best augmented reality stocks to buy right now amid the evolution and emergence of multibillion-dollar opportunities.
Our Methodology
To make the list of the Best Augmented Reality Stocks to Buy Right Now, we conducted a comprehensive review of U.S. equity markets and AR-focused ETFs, prioritizing companies engaged in Augmented Reality Hardware and Software, sector beneficiaries, and pure-play AR companies. We concentrated on stocks with a positive upside potential as of December 1, and that were popular among elite hedge funds in Q3 2025. Finally, we ranked the stocks in ascending order based on the number of hedge fund holders.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research shows we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Best Augmented Reality Stocks to Buy Right Now
13. Vuzix Corporation (NASDAQ:VUZI)
Stock Upside Potential: 11.52%
Number of Hedge Fund Holders: 6
Vuzix Corporation (NASDAQ:VUZI) is one of the best augmented reality stocks to buy right now. On November 28, Vuzix Corporation (NASDAQ:VUZI) reported that it had secured and delivered close to $1 million in repeat orders during the fourth quarter of 2025 for its customized M400 smart-glasses kits. The buyer, a major global online retailer, is expanding a warehouse program that first launched in Europe and is now moving into the U.S. and Canada, with talks underway to broaden the rollout even further. The glasses are used for real-time remote support and quicker equipment fixes, helping the retailer improve workflow in its fulfillment centers.
Just days earlier, on November 25, Vuzix Corporation became one of the key members of The AR Alliance, a group focused on augmented reality development. The AR reliance focuses on enhancing the development of augmented reality hardware and the ecosystem by bringing expertise across foundational research and display technologies together. By joining the alliance, Vuzix will play an essential role in accelerating innovation, supporting open standards, and unifying the AR industry.
“We’re honored to join the AR Alliance at this pivotal moment for the industry,” said Paul Travers, President and CEO of Vuzix. “At Vuzix we believe in the power of collaboration to accelerate AR innovation, promote openness and interoperability, and deliver meaningful experiences to users everywhere. I look forward to working with the AR Alliance to promote a thriving global marketplace for augmented reality.”
Earlier on November 14, Craig-Hallum analyst Christian Schwab reaffirmed his Buy rating on Vuzix, setting a $6.00 price target.
Vuzix Corporation (NASDAQ:VUZI) is one of the closest things to a pure-play AR hardware company, centered on smart glasses, waveguides, and wearable displays used in enterprise, medical, defense, and emerging consumer markets. Its lineup includes head-mounted smart displays and wearable computing devices, as well as OEM waveguides and display engines. The company also has a sizable intellectual property base, with more than 450 patents and applications in optics, head-mounted displays, and AR wearables, reflecting its strong focus on the AR space.
12. Himax Technologies, Inc. (NASDAQ:HIMX)
Stock Upside Potential: 31.93%
Number of Hedge Fund Holders: 12
Himax Technologies Inc. (NASDAQ:HIMX) is one of the best augmented reality stocks to buy right now. Himax Technologies Inc. (NASDAQ:HIMX) holds a Moderate Buy rating from one analyst, with a 12-month price target of $10, implying about 32% upside from the current price of $7.58.
Earlier on November 6, the company outlined its prospects in the automotive sector, backed by new technology offerings and comprehensive customer coverage.
Likewise, the company is expanding its footprint into emerging areas beyond display ICs, including ultralow-power AI CPO and smart glasses. The push comes amid the company’s third-quarter revenue dropping 7.3% to $199.2 million. The drop still came on top of the company’s guidance that expected a decline of between 12% and 17%. Likewise, it posted an operating loss of $0.6 million and a profit per diluted ADS of 0.6 cents.
Himax Technologies exited the third quarter with $278.2 million in cash and cash equivalents. Quarter-end inventories rose to $137.4 million from $134.6 million in the second quarter. The company expects its fourth quarter revenue to remain flat quarter over quarter, with Gross margins increasing slightly and profit of between 2 cents and 4 cents per diluted ADS.
Meanwhile, Robert W. Baird analyst Tristan Gerra reiterated a Buy rating on the stock on November 6 and set a $10 price target.
Himax Technologies, Inc. (NASDAQ:HIMX) supplies core components used in AR devices, including LCoS microdisplays, wafer-level optics, 3D-sensing solutions, display-driver ICs, and low-power AI chips, while also serving broader markets like TVs, smartphones, and automotive displays. Its AR parts—such as microdisplays and CMOS sensors—are used by OEMs to build smart glasses and head-up displays. In 2025, Himax introduced an ultra-bright Dual-Edge Front-lit LCoS microdisplay and worked with Vuzix to launch an integrated AR optical module for next-generation glasses. Because Himax provides the components rather than finished devices, it functions as an AR enabler and beneficiary.
11. Kopin Corporation (NASDAQ:KOPN)
Stock Upside Potential: 95.59%
Number of Hedge Fund Holders: 13
Kopin Corporation (NASDAQ:KOPN) is one of the best augmented reality stocks to buy right now. Kopin Corporation (NASDAQ:KOPN) has a Strong Buy consensus rating from four analysts, all of whom issued buy ratings. Analysts have issued 12-month price targets for Kopin over the past three months, with an average target of $4.44 and a range of $3 to $6. This implies roughly 96% upside from the recent price of $2.27.
On November 12, Chief Executive Officer Michael Murray reiterated that the company is in a position of transformational change following a strategic investment by Theon International. The partnership is poised to strengthen its prospects as a global player in microdisplays and application-specific solutions.
“Subsequent to the end of the quarter, we announced a $41 million private placement with an expanded group of strategic investors which include further investment from Theon along with Hondas Holdings and Unusual Machines. This investment further solidifies our belief that we have the right technologies to co-develop with strategic partners to provide application-specific solutions,” Mr. Murray said.
The remarks came on the heels of third-quarter results whereby revenues dropped to $12 million from $13.3 million in the same quarter last year. The decline was due to a decrease in revenue from products used in pilot helmets, training, and simulation. The decline was partially offset by an increase in sales for products used in thermal weapon sights.
On the other hand, the company bounced back to profitability, delivering third-quarter net income of $4.1 million, or $0.02 a share, compared to a net loss of $3.5 million, or $0.03 a share, in the same quarter last year.
Kopin Corporation (NASDAQ:KOPN) supplies high-performance optical components for AR, including microdisplays like LCOS, AMLCD, and MicroLED/OLED, used in AR/VR headsets across defense, enterprise, medical, and consumer markets. Its technology powers systems such as pilot helmet displays, military HUDs, and industrial headsets, positioning the company as a key component supplier rather than a maker of finished devices. Kopin has also unveiled its AI-driven “NeuralDisplay” prototype, which adapts to users’ eyes to enhance AR/VR experiences. With its focus on essential components, Kopin is best seen as an AR enabler and beneficiary.
10. Sony Group Corporation (NYSE:SONY)
Stock Upside Potential: 17.28%
Number of Hedge Fund Holders: 22
Sony Group Corporation (NYSE:SONY) is one of the best augmented reality stocks to buy right now. Sony Group Corporation (NYSE:SONY) holds a consensus Moderate Buy rating, supported by 2 recent analyst buy recommendations and no holds or sells, with an average 12‑month price target of $34.00.
On November 12, analysts at Goldman Sachs reiterated a Buy rating on Sony Group Corporation and raised the price target to $34.75 from $30.25.
The price target hike is in response to the company delivering a stronger-than-expected rise in second-quarter operating profit and announcing a share buyback of $648 million. Revenue in the quarter totaled $20.14 billion, as operating profit rose 10% year over year to 2.76 billion.
The Japanese technology giant expects its full year operating profit to increase by 8% from the previous forecast. It also lifted its annual revenue projection by 3%. The growth will be driven by imaging and sensing solutions and by the music segment.
Following better-than-expected second-quarter 2025 results and impressive guidance, TD Cowen analyst Doug Creutz reiterated a Buy rating on the stock on November 12 and set a $34 price target.
Sony Group Corporation (NYSE:SONY) is a technology company and it is best viewed as an AR enabler. The company develops near-eye display technologies such as Micro-OLED and OLED microdisplays, along with imaging and sensing hardware used in AR/VR headsets and smart glasses. In 2024, Sony introduced an XR head-mounted display featuring 4K OLED microdisplays with video see-through and joined the AR Alliance, underscoring its commitment to the ecosystem. While its contributions range from high-resolution displays to AR content tools and tracking systems, augmented reality remains only a small part of Sony’s diversified portfolio spanning gaming, entertainment, electronics, and sensors.
9. Snap Inc. (NYSE:SNAP)
Stock Upside Potential: 23.70%
Number of Hedge Fund Holders: 50
Snap Inc. (NYSE:SNAP) is one of the best augmented reality stocks to buy right now. Snap Inc. (NYSE:SNAP) carries a consensus Hold rating from 28 analysts, with 1 Buy, 25 Hold, and 2 Sell recommendations. The average 12‑month price target is $9.50 (range: $7.00–$13.00), implying a 25.25% upside from the last close at $7.59. On November 18, Arete upgraded Snap to Neutral from Sell, setting a target of $8.60.
On November 5, Snap Inc. reaffirmed its position as a trusted platform for artificial intelligence partners seeking to reach a large, engaged, and mobile-native audience. The company inked a strategic partnership that paved the way for Perplexity to integrate its AI-powered answer engine into Snapchat, its networking platform.
The partnership opens the way for a community of over 1 billion monthly active users to ask questions, explore topics, and learn about the world. Starting in 2026, Perplexity is to appear on the popular chart interface. In addition, Perplexity is to pay Snap $400 million over one year as part of the deal.
“Our goal is to make AI more personal, social, and fun – woven into the fabric of your friendships, Snaps, and conversations,” said Evan Spiegel, CEO, Snap Inc. “This partnership reflects our shared vision for the power of AI to enhance discovery and connection on Snapchat, and we look forward to collaborating with more innovative partners in the future.”
The strategic partnership with Perplexity marks an essential milestone in Snap’s bid to connect with its global community in a creative and trusted way. The partnership also follows an impressive third quarter, during which the company achieved a 10% year-over-year increase in revenue to $1.51 billion. Daily active users increased 8% to 477 million, and net loss shrank to $104 million from $153 million in the same quarter.
Snap Inc. (NYSE:SNAP) is a pure play AR company focused on consumer applications, delivering augmented reality experiences through its apps Snapchat and Spectacles rather than supplying components. The company develops AR software such as Lens Studio for creators and offers features like face filters, world lenses, and AR commerce, reaching millions of users daily. Snap’s AR platform has fostered one of the largest creative communities in the world, with over 375,000 creators building millions of AR Lenses, 4 million Lenses published across Snapchat, Snap Camera, and Spectacles, and 4.5 trillion views in the past year alone. While it does not produce enterprise AR hardware like Vuzix, augmented reality is central to Snap’s engagement, innovation, and revenue growth, transforming how people create, explore, and play.
8. PTC Inc. (NASDAQ:PTC)
Stock Upside Potential: 26.31%
Number of Hedge Fund Holders: 51
PTC Inc. (NASDAQ:PTC) is one of the best augmented reality stocks to buy right now. PTC Inc. (NASDAQ:PTC) holds a consensus Moderate Buy rating from 10 analysts, with 7 Buys and 3 Holds. The average 12‑month price target is $223.50, implying a 26.31% upside from the last close at $176.94.
On November 19, PTC Inc. announced the expansion of its strategic partnership with Garrett Motion following the successful use of its PTC Onshape cloud-native CAD and product data management platform.
Garrett Motion is increasingly leveraging the company’s PTC Codebeamer+™ application lifecycle management (ALM) and Windchill+ product lifecycle management (PLM) solutions. It’s using the solutions to enhance its SaaS driven transformation in product development.
“We’re thrilled to build on Garrett’s success with Onshape with the adoption of Codebeamer+ and Windchill+,” said Neil Barua, President and CEO, PTC. “With our Intelligent Product Lifecycle vision and the deep integrations that we’re advancing between CAD, PLM, and ALM, PTC is forging a path for leaders like Garrett to transform engineering, build a product data foundation required for AI, and drive greater value across the organization.”
The expansion of the Garret Motion strategic pact comes on Mizuho cutting its price target on PTC Inc. to $180 from $220. The cut is in response to the company’s announcement that it plans to divest its slower-growing Kepware and Thingworx business units to TPG.
PTC Inc. (NASDAQ:PTC) is a key enabler of industrial augmented reality through its Vuforia platform, which helps frontline workers with tasks such as training, inspection, and service by overlaying digital content and instructions onto the physical world. The company provides software, tools, and integrations with IoT and CAD systems that allow manufacturers, field service teams, and product designers to create practical AR applications, but it does not produce AR hardware. This makes PTC an AR enabler and beneficiary rather than a pure-play AR company.
7. QUALCOMM Incorporated (NASDAQ:QCOM)
Stock Upside Potential: 17.71%
Number of Hedge Fund Holders: 63
Qualcomm Inc. (NASDAQ:QCOM) is one of the best augmented reality stocks to buy right now. On November 20, JPMorgan analyst Samik Chatterjee reiterated a Buy rating on Qualcomm Inc. (NASDAQ:QCOM), impressed by the company’s diversification efforts into the Automotive and IoT sectors.
The diversification drive has resulted in impressive growth with compound annual growth exceeding 20% over the past five years. Likewise, the growth rate is expected to accelerate amid heightened integration of artificial intelligence across markets, coupled with promising opportunities in the data center market.
The JPMorgan analyst expects the data center strategy that focuses on addressing power and memory challenges to yield significant revenue opportunities by 2027. That’s because the company’s AI 200 and AI 250 products are well-tailored to address these challenges by offering power-efficient performance and addressing memory bandwidth constraints. The company’s growing presence in the Edge market is also expected to enhance growth prospects.
On November 19, Adobe and Qualcomm announced a collaboration with Humain, the Saudi-backed AI company to create generative AI tools in Arabic for users in the Middle East. Adobe will embed its Arabic-trained Allam model into its creative applications. Humain will leverage Adobe Firefly Foundry to build region-specific AI solutions using Qualcomm’s new AI200 and AI250 chips. The partnership disclosed at a U.S.-Saudi investment forum during the Washington visit of Crown Prince Mohammed bin Salman also outlines a plan for a Qualcomm-Humain research and development center in Riyadh to support a broad deployment of AI data center chips next year.
QUALCOMM Incorporated (NASDAQ:QCOM) is a leading provider of the processors, software platforms, and semiconductor technologies that power AR experiences for both consumer and enterprise applications. Its Snapdragon processors, AR/VR chipsets, and 3D sensing solutions are used in AR headsets, smart glasses, and mobile AR devices, while development platforms and reference designs support OEMs in building AR hardware. As Qualcomm does not manufacture complete AR devices and AR is only a portion of its broader business, including mobile processors, telecommunications, automotive chips, and IoT—it is best considered an AR enabler and beneficiary.
6. Texas Instruments Incorporated (NASDAQ:TXN)
Stock Upside Potential: 20.51%
Number of Hedge Fund Holders: 72
Texas Instruments Incorporated (NASDAQ:TXN) is one of the best augmented reality stocks to buy right now. On November 24, Citi Analyst Christopher Danely reiterated that Texas Instruments Inc. (NASDAQ:TXN) is a Buy and settled on a $235 price target.
The positive stance came on the heels of Bernstein reiterating that Texas Instruments Inc. is one of the companies well-positioned to benefit from major trends reshaping the global semiconductor sector. The growing demand for discrete chips in the automotive industry presents tremendous opportunities for the company to capitalize on.
Meanwhile, on November 19, Mizuho analysts cut the stock’s price target to $145 from $150 and reiterated an Underperform rating. The price target cut follows the research firm’s “weak guidance.” Texas Instruments said it expects fourth-quarter revenue to come in at $4.40 billion, down 7% from the third quarter’s $4.74 billion.
Nevertheless, Mizuho has touted growth in the company’s automotive revenue, up 10% despite light vehicle production declining 1% and industrial segment revenue growing at low single digits quarter over quarter in Q3.
Texas Instruments Incorporated (NASDAQ:TXN) is an AR enabler, providing critical components that power augmented reality devices. Its DLP Pico technology enables AR head-up displays in vehicles and wearable AR systems, while its analog, embedded processing, power management, connectivity, and vision processors support the real-time operation of AR applications. By supplying both core device processing and specialized components for low-power displays and edge AI, TI helps deliver bright, high-contrast, and wide-field-of-view AR experiences. AR is just one part of its broad semiconductor business, which spans automotive, industrial, and consumer electronics, making TI a key contributor to the AR ecosystem rather than a dedicated AR company.
5. Autodesk, Inc. (NASDAQ:ADSK)
Stock Upside Potential: 25.78%
Number of Hedge Fund Holders: 83
Autodesk Inc. (NASDAQ:ADSK) is one of the best augmented reality stocks to buy right now. On November 26, Baird raised its price target of Autodesk Inc. (NASDAQ:ADSK) stock to $377 from $367 while reiterating an Outperform rating. The price target hike follows the company’s strong third-quarter results that exceeded expectations.
The company delivered robust third-quarter fiscal 2026 results, driven by exceptional performance in Architecture, Engineering, and Construction (AECO). It also saw higher-than-expected upfront revenues and better-than-anticipated billings linearity. Revenue in the quarter was up 18% year over year to $1.85 billion, driven by a 21% increase in Billings to $1.855 billion.
“We delivered another strong quarter, highlighted by outperformance in AECO. Up-front revenue, the Autodesk Store, and billings linearity all exceeded expectations,” said Janesh Moorjani, Autodesk CFO. “The macroeconomic environment has been broadly stable, though uncertainty remains elevated, and we have so far successfully executed our sales and marketing optimization plan.”
For the fourth quarter, Autodesk expects revenue to range between $1.90 billion and $1.92 billion with earnings per share of between $2.59 and $2.67. Baird has touted the company’s revenue, which is expected to grow by 11%, leading to margin expansion exceeding 100 basis points year over year.
Autodesk, Inc. (NASDAQ:ADSK) is an AR enabler that integrates augmented reality into professional workflows for architecture, engineering, construction, and manufacturing. Its tools—such as Construction Cloud, VRED, Fusion 360, and Workshop XR—allow users to view 3D models in real-world settings, hold interactive design reviews, and enhance teamwork, training, and project collaboration. Autodesk has strengthened its AR capabilities through acquisitions like The Wild and IrisVR and partnerships with companies such as Esri. By embedding AR into its software ecosystem rather than producing hardware, Autodesk plays a key role in enabling augmented reality across industries.
4. Roblox Corporation (NYSE:RBLX)
Stock Upside Potential: 60.98%
Number of Hedge Fund Holders: 90
Roblox Corporation (NYSE:RBLX) is one of the best augmented reality stocks to buy right now. On November 20, BMO Capital reiterated an outperform rating on Roblox Corporation (NYSE:RBLX) and set a $155 price target. The research firm remains optimistic about the company’s outlook, even as it faces stiff competition in the user-generated content gaming space.
The research firm has echoed the company’s 152 million daily active users and its annual UGC creator payouts totaling $1.5 billion. The massive scale underscores the company’s edge in fending off competition following the recent partnership between Epic Games and Unity.
On November 12, JPMorgan analyst Cory Carpenter echoed a bullish stance on the stock with a Buy rating. The analyst has echoed the stabilization of the company’s platform engagement and the slight acceleration in the year-over-year trend. Consistent engagement metrics and the platform’s ability to shrug off competitive pressures justify the buy rating.
Roblox Corporation (NYSE:RBLX) is an AR enabler. Its platform—Roblox Client, Studio, and Cloud—lets creators build and monetize immersive experiences that combine augmented reality with virtual worlds. Developers use Roblox Studio to build AR experiences like virtual try-ons and interactive marketing across various devices. While Roblox is expanding its AR and VR capabilities, it doesn’t make AR hardware, and its core focus remains on user-generated content, gaming, and social interaction, making it a key AR beneficiary.
3. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Stock Upside Potential: 30.25%
Number of Hedge Fund Holders: 115
Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the best augmented reality stocks to buy right now. On November 20, Raymond James resumed coverage of Advanced Micro Devices Inc. (NASDAQ:AMD) with an Outperform rating and a $337 price target.
The positive stance is in response to the company’s strong position as a leading provider of CPU, APUs, and GPUs in consumer and data center markets. The research firm is also impressed by the company’s push to develop new elements, including platforms and software.
According to Raymond James, AMD is well-positioned to continue gaining market share in PCs. It expects the recent wins with OpenAI and Humain to serve as an endorsement for other model builders and hyperscalers to integrate AMD’s GPUs.
Zyphra is the latest high-profile name to leverage the company’s Instinct MI300X GPUs on ZAYA1, a large-scale Mixture-of-Experts (MoE) foundation model. The integration affirms the capabilities of AMD hardware for production-scale AI workloads.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is best seen as an AR enabler stock. The company provides high-performance CPUs, GPUs, and AI accelerators that power AR and VR devices, from gaming headsets like PlayStation VR 2 to enterprise and industrial applications. AMD supports the AR ecosystem through partnerships with companies like Magic Leap and by enabling infrastructure such as 5G for immersive experiences. Although its technology is essential for AR, AMD doesn’t make AR hardware, and AR is just a small part of its wider computing and graphics business.
2. NVIDIA Corporation (NASDAQ:NVDA)
Stock Upside Potential: 43.35%
Number of Hedge Fund Holders: 234
NVIDIA Corporation (NASDAQ:NVDA) is one of the best augmented reality stocks to buy right now. On November 25, Bank of America reiterated a positive outlook on NVIDIA Corporation (NASDAQ:NVDA) even as it faces stiff competition in the artificial intelligence chip market.
While Google’s growing presence in the AI chip markets with its Tensor Processing units has rattled the sector, Bank of America insists Nvidia is a Buy. The investment bank expects the semiconductor giant to achieve 40%+ sales and earnings-per-share growth while trading at approximately 25 times the market multiple.
Mizuho analysts shared similar sentiments. It noted that Nvidia remains a market leader with its Blackwell lineup through 2026 and is well-positioned to benefit from strong demand from cloud providers, enterprises, and government buyers.
NVIDIA (NASDAQ:NVDA) acts as an AR enabler, supplying AI processors, GPUs, and platforms that drive AR and VR experiences. Its Omniverse lets creators build 3D worlds for AR, while CloudRX streams AR and VR content wirelessly over Wi-Fi and 5G. NVIDIA also brings AR into automotive applications through its Drive technology and offers software like Maxine for face tracking and 3D reconstruction. Although its technology is central to modern AR systems, the company’s broader focus on data-center AI, gaming, automotive, and robotics means AR is only one part of its much larger business.
1. Meta Platforms Inc. (NASDAQ:META)
Stock Upside Potential: 36.72%
Number of Hedge Fund Holders: 273
Meta Platforms Inc. (NASDAQ:META) is one of the best augmented reality stocks to buy right now. On November 24, analysts at Citizens reiterated a Market Outperform rating on the stock and set a $900 price target, impressed by its artificial intelligence development.
According to the research firm, the introduction of the Segment Anything model 3 should enhance the company’s ability to understand objects within images and video. The research firm expects the technology to help the tech giant scale its data engine, enabling annotation speeds 5 times faster than those of human annotators.
Citizens expect artificial intelligence advancements to help Meta create datasets containing millions of unique concepts and enhance its content understanding capabilities. The remarks come amid reports that the company is in talks with Google over a potential multibillion-dollar deal to purchase chips for its data centers.
Meta could end up renting chips from Google Cloud to enhance its AI workloads. Google’s chips stand out for being cheaper than Nvidia’s pricey offerings.
Meta Platforms, Inc. (NASDAQ:META) develops technologies that enable people and businesses to connect across mobile devices, PCs, VR, and mixed-reality wearables, and has made substantial investments in augmented and virtual reality through its Reality Labs division. The company builds AR and MR hardware and software, including Meta Spark for creating AR effects, Ray-Ban Meta smart glasses, and Quest headsets with passthrough AR capabilities, while also developing advanced prototypes such as the Orion AR glasses, which combine a traditional eyeglass form factor with holographic displays and contextual AI. AR is just a small part of Meta’s business, making the company an AR enabler rather than a pure-play.
While we acknowledge the potential of Meta Platforms Inc. (NASDAQ:META) to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than META and that has 100x upside potential, check out our report about this cheapest AI stock.
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