Alibaba-backed Xreal launches augmented reality glasses with new chip as Meta rivalry heats up

The Xreal One Series features the X1 chip which is the company's first self-designed processor for its glasses.Xreal on Wednesday launched its latest generation of augmented reality (AR) glasses as it looks to fend off competition from the likes of Meta and Snap.The company, which is backed by Chinese e-commerce giant Alibaba, is hoping to capitalize on the growing interest in AR glasses.The Xreal One Series features the X1 chip which is the company's first self-designed processor for its glasses and marks ...