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KITS Is Bringing Artificial Intelligence To Eyewear

July 23, 2024
x min read
KITS Is Bringing Artificial Intelligence To Eyewear

Artificial intelligence might have found its next frontier for disruption: eyewear.

What’s happening:

  • KITS Eyecare (TSX: KITS) has announced the launch of a new line of eyewear known as Pangolin Smart Glasses, which allows individuals to seamlessly use artificial intelligence technology through vision and sound

The big idea:

  • The Pangolin Smart Glasses allow individuals to send messages, connect directly to the Internet and even ask questions to OpenAI’s ChatGPT

Why it matters:

  • Some of the biggest technology companies in the world including Google (NASDAQ: GOOG) and Meta (NASDAQ: META) have been building their own custom technology integrations for eyewear, including camera capabilities and voice powered commands powered by machine learning and artificial intelligence

By the numbers:

  • Pangolin Smart Glasses currently retail at $149 CAD
  • KITS Eyecare has been growing at a rapid pace, recently announcing record breaking weekly revenue of $1.2M CAD

Going deeper:

  • Roger Hardy is the founder of KITS Eyecare and previously built Coastal Contacts into one of the largest marketplaces for contact lenses before eventually exiting the company for $410M CAD

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