Core Viewpoint - The article discusses the challenges faced by XR Vision's company, Xihongxian Technology, founded by Luo Yonghao, highlighting significant layoffs and a shift in focus towards AI software development while facing financial difficulties [2][4]. Group 1: Company Overview - Xihongxian Technology was established in June 2022 with the ambition to create the "next-generation personal computing platform" and successfully raised $50 million in angel funding, achieving a post-investment valuation of $200 million [4]. - The company initially focused on the AR sector and even applied for patents related to optical display systems, but faced technical bottlenecks in developing its self-developed AR OS [4]. Group 2: Financial and Operational Challenges - The company has not achieved product commercialization in three years, and its high personnel costs have been depleting its financial reserves, raising concerns about its ability to support full-scale AI product production and market promotion [4][6]. - The peak employee count exceeded 150, but the entire hardware team has been laid off, leaving only about 20 software engineers to work on AI software products [2][4]. Group 3: Strategic Shifts - Following the explosive growth of ChatGPT in 2024, the company pivoted its core resources towards developing AI Agents [4]. - Luo Yonghao announced a "disruptive technology product" named "Jarvis" AI assistant, set to launch in January 2025, priced between $199 and $299, which combines AI aggregation software with customized hardware [5]. Group 4: Market Positioning - The decision to launch the product in overseas markets instead of leveraging Luo Yonghao's strong domestic fan base has raised questions within the industry [5].