One of the largest electronics companies in the world is coming for smart glasses next. And they’re partnering up with a publicly traded company to do it.

‍What’s happening:‍

• Taiwanese technology giant Quanta Computers has invested $10M USD into Vuzix Corp (NASDAQ: VUZI) through a new financing round
  

The big idea:‍

• Vuzix has developed multiple different types of smart glasses that are purpose built to be used in healthcare, manufacturing and even warehousing
  
• Vuzix’s smart glasses leverage augmented reality and artificial intelligence technology to enable users to stream events in real time, process data and detect pre-identified patterns
  

Why it matters:‍

• Augmented reality and virtual reality smart glasses have seen significant investments from companies such as Google (NASDAQ: GOOG) and Meta (NASDAQ: META) which has led to a flurry of new startups being launched aiming to integrate next generation technology into eyewear
  

By the numbers:‍

• Quanta Computers has committed to investing a total of $20M USD into Vuzix through two separate financing rounds
  

Going deeper:‍

• Vuzix has multiple existing partnerships for developing new eyewear purpose built for specific applications, including with hospitals in Taiwan and even United States military defense companies
  
• Bringing artificial intelligence into glasses has been on the rise, with KITS Eyewear (TSX: KITS) previously launching a new line of glasses that can connect to the Internet and even ask questions to OpenAI’s ChatGPT

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