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what is driving the rise of cenlub industries limited (522251) ✌️【Market Forecast】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. Android for XR — an umbrella term for various types of virtual and augmented reality — was built in collaboration by Google, Samsung and Qualcomm and will be able to power hardware devices like headsets and glasses.

what is driving the rise of cenlub industries limited (522251) ✌️【Market Forecast】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate changes to help you select stocks accurately and increase investment returns. Ted Mortonson, a managing director at Baird, told 【 - Free Top Growth Stock Recommendations 】 that the headset — and the underlying operating system powering it — will help Google and Samsung gain a share of the market for wearable consumer tech while also positioning the companies for the future of consumer AI products.

“They’re doing a direct assault on Apple,” Mortonson said, noting that the partnership leverages Google’s extensive AI capabilities and Samsung’s reliable consumer tech hardware.

what is driving the rise of cenlub industries limited (522251) ✌️【Market Forecast】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. The Vision Pro has not taken off as much as Apple had hoped,Mortonson said, leaving the door ajar for Google and Samsung to step in.

what is driving the rise of cenlub industries limited (522251) ✌️【Market Forecast】✌️ Expert predictions of stock trends with real-time stock indices, metals, energy, and agricultural product data to help you make efficient investment decisions. Scott Kessler, the global sector lead for technology at Third Bridge, told 【 - Free Top Growth Stock Recommendations 】 that Meta is perceived as a market leader and is in a strong position with its Quest 3 and collaborations with Rayban. Yet, given that headsets are still a relatively niche product, the market allows for experimentation.

Dan Ives, managing director and senior equity analyst at Wedbush Securities, said in an email that Google will try to undercut Meta to focus on the mass consumer market.

“This is a shot across the bow by Google to steal market share from Apple and Meta and signal they are not going to watch this market from the outside,” Ives said.

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Google has also poured enormous amounts of money and time into developing its generative AI capabilities since it acquired Deep Mind, an AI lab, in 2014. Google rolled outGemini, its core AI offering, in 2023. The new Android system will integrate Gemini, bringing features like an AI voice assistant and access to all Android apps to the headset.

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“XR has quickly shifted from a distant promise to a tangible reality,” Choi said in a statement. “We believe it has the potential to unlock new and meaningful ways to interact with the world by truly resonating with your everyday lives, transcending physical boundaries.”

It was expected that Google would eventually challenge Apple and Meta in the wearable tech field, given the potential for growth in AI products, Kessler said.

“We’ve been reminded over the last year that as much as these products in some ways are pretty amazing in terms of their capabilities, there really isn’t anything that stands out, at least at this point, that makes these products required purchases,” he said.

Kessler also pointed to the release of Google Glass in 2013 as a moment when there was considerable excitement over a wearable tech product that eventually tapered out.

Baird’s Mortonson said that the real intrigue is the Android XR operating system and Google’s push into monetizing its AI products — something that will continue to heat up as Big Tech companies compete for market share.

“I think these companies are all trying to position themselves so that they can capitalize on opportunities when they arise,” Kessler added.

what is driving the rise of cenlub industries limited (522251) ✌️【Market Forecast】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Top Growth Stock Recommendations 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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