News Summary

Meta has announced a delay in the release of its mixed reality glasses, originally slated for the second half of 2026, now postponed to the first half of 2027. The project, code-named ‘Phoenix’, is intended to rival Apple’s Vision Pro with a similar goggle-like form factor and external power source. This decision was disclosed in an internal memo by Maher Saba, VP of Meta’s Reality Labs Foundation, and further elaborated by Meta executives Gabriel Aul and Ryan Cairns. The delay is part of Meta’s strategy to ensure a more polished and reliable product. Additionally, Meta is working on a ‘limited edition’ wearable, code-named ‘Malibu 2’, and recently acquired the AI wearable startup Limitless. These moves suggest an expansion of Meta’s product lineup beyond its current VR headsets and smart glasses. The delay also aligns with Meta’s broader restructuring of its metaverse unit and budget adjustments.