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Meta unveils Orion as its first AR glasses, but it won’t be for sale any time soon

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Top stories today:

  1. Meta unveils Orion as its first AR glasses
  2. OpenAI CTO Mira Murati leaving, along with other 2 top researchers
  3. Llama 3.2 open weights LLMs launched by Meta
  4. X releases first transparency report since Elon’s takeover in 2022

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Meta unveils Orion as its first AR glasses, but they won’t be for sale any time soon

The Orion glasses are paired with a “neural wristband” and a wireless compute puck

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Meta also updated the Ray-Ban Meta smart glasses with real-time AI video processing and live translation

Special edition Ray-Ban Meta glasses with transparent look and transitional lenses were also unveiled:

Finally, Meta launched Quest 3S at $299.99 with Quest 3 hardware and a higher battery life of 2.5 hours

2. OpenAI CTO Mira Murati leaving, along with other 2 top researchers

Murati, McGrew, and Zoph decided to leave OpenAI independently of each other, CEO Sam Altman said

Altman reportedly could get 7% of the new for-profit OpenAI, a $10B equity grant

3. Llama 3.2 launched by Meta: 11B, 90B multimodal; 1B, 3B text-only open-weight models

Llama 3.2 90B beats GPT4o-mini and Claude 3 Haiku on major benchmarks, according to Meta:

The smaller 1B and 3B models are on par with Google’s Gemma 2 2B and Microsoft’s Phi-3.5-mini, also open weights

  • 128K context length.

  • On-device focus.

  • Optimized for Arm hardware with Qualcomm and MediaTek chips.

The new smaller Llama 3.2 models are among the cheapest, on par with Gemini 1.5 Flash and Pixtral

Relatedly, Meta launched Llama Guard Vision for text input and output moderation on the multimodal models and an optimized Llama Guard for text-only models

4. X releases first transparency report since Elon’s takeover in 2022

There were 224M user reports in H1, with 36%+ of them for abuse and harassment, followed by ~30% for hateful conduct and ~18% for violent content:

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