What's Happening?
Sesame, a startup founded by former Oculus executives, has secured $250 million in Series B funding to further develop its AI-driven smart glasses. The funding round was led by Spark Capital and Sequoia
Capital, increasing the company's total funding to $307.6 million. Sesame aims to create an ambient interface with its AI assistant and lightweight smart glasses, designed for everyday use. The company is currently offering beta access to its AI assistants, Miles and Maya, through an iOS app, and has showcased a 'call' function for interacting with chatbots.
Why It's Important?
The significant investment in Sesame highlights the growing interest in AI and smart glasses technology. As major tech companies like Meta, Google, and Apple explore similar innovations, Sesame's development could influence the competitive landscape of wearable technology. The company's focus on creating a seamless, voice-controlled interface could set new standards for user interaction with AI, potentially impacting how consumers engage with technology in daily life. The success of Sesame's products could also drive further investment and innovation in the AI and wearable tech sectors.
What's Next?
Sesame's next steps involve refining its AI assistant and smart glasses technology, with potential commercialization on the horizon. The company may face competition from established tech giants, which could influence its strategy, including possible partnerships or acquisitions. As the market for smart glasses evolves, consumer reception and technological advancements will play crucial roles in determining Sesame's future trajectory.
