Apple, Gemini, Meta & AI Funding News – Xreal, Higgsfield

by mark.thompson business editor

Apple and Google Forge AI Partnership, Signaling a New Era of Personalized technology

Apple has selected Google’s artificial intelligence technology as the foundation for its upcoming Apple Foundation Models, a move poised to unlock “innovative new experiences” for Apple users, according to a joint statement released by both companies. This collaboration hints at a future where voice is increasingly becoming the primary operating system and AI seamlessly integrates into daily life.

A True Personal Agent,13 Years in the Making

The partnership aims to deliver on the long-held promise of a truly intelligent personal assistant – reminiscent of the capabilities demonstrated in a 2011 iPhone 4S commercial featuring Martin Scorsese. For years,Siri has offered glimpses of this potential,but the integration of geolocation,outward-facing cameras,and a continuous internet connection,coupled with Google’s advanced semantic understanding of the world,could finally realize that vision.

Wearable AI: The Next Battleground?

Analysts suggest that if Apple successfully integrates AI into its wearable technology, the company could regain a valuation exceeding that of Nvidia. However, caution is advised, as the development of a definitive AI wearable remains uncertain. Industry observers speculate that figures like Jony Ive and Sam Altman could play pivotal roles in shaping this future.

Meta Shifts Focus Amidst VR Challenges

While Apple and Google are doubling down on AI-powered experiences, Meta is reassessing its strategy in the virtual reality space. The company is reportedly laying off 10% of its Reality Labs team, impacting content and developer studios, and scaling back projects like Horizon and supernatural. This pivot comes as Meta acknowledges that, outside of niche applications like training and simulation, VR has struggled to gain mainstream traction. One commentator noted, “Gamers prefer consoles, and women and teens gravitate towards the privacy of mobile smartphones.” Meta’s current position is likened to Sega Genesis in the era of Playstation.

Xreal and Rokid Lead the Charge in XR Glasses

Despite the challenges in VR, the extended reality (XR) market is seeing continued investment. xreal recently secured $100 million in funding, bringing its total to $433 million and its valuation above $1 billion, to further develop its AndroidXR glasses, dubbed “Aura.” While access to Aura remains limited, Xreal aims to establish itself as a frontrunner in the emerging XR space.

Simultaneously occurring, rokid impressed reviewers at the Consumer Electronics Show (CES) 2026 with its latest smartglasses, praised for their lightweight design and core functionality. Rokid also unveiled “Style,” a display-free AI smartglass weighing just 38.5 grams, compatible with multiple AI engines like ChatGPT and DeepSeek, and available for $300 starting in January. You can learn more about the latest developments in AI and XR on The AI/XR Podcast, hosted by Charlie Fink, Ted Schilowitz, and Rony Abovitz, available on spotify, iTunes, and YouTube.

The Rise of Cinematic AI

Beyond hardware, advancements in AI are also impacting content creation. higgsfield, a company specializing in AI-powered cinematography technology, closed an $80 million Series A extension, valuing it at over $1.3 billion. Led by former Snap AI head Alex Masharbov, Higgsfield is poised to revolutionize filmmaking and visual effects.

The convergence of AI, XR, and innovative hardware suggests a future where technology anticipates and responds to our needs in increasingly intuitive ways. While the path forward remains uncertain, the partnership between Apple and Google signals a pivotal moment in the evolution of personalized technology.

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