Snap is spinning off its AR glasses into a separate business

Snap’s augmented reality glasses business will now be its own entity, with the company establishing Specs Inc. as a wholly-owned subsidiary.

Snap seeks investments as new smart glasses unit takes on Meta

By Jaspreet Singh Jan 28 (Reuters) - Snap will create an independent subsidiary for its augmented reality smart glasses, as it looks to attract external investment and challenge bigger rival Meta in the fast-growing wearables market.
Google Glass Almanac

Snap Reveals New Smart-Glasses Unit In 2026, Why Investors Should Care

Worry About Funding Rose In 2026 After Snap Split. The company announced on Jan 28, 2026 that it will create an independent subsidiary focused on

Snap: Perplexity Partnership Is Another Step Away From The Core

Snap Inc. remains uninvestable with persistent losses, ongoing dilution, and no tangible progress toward profitability after 15 years. Learn more about SNAP stock here.
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Snap Shares Surge on $400 Million Perplexity AI Deal

(Bloomberg) -- Snap Inc. shares surged after the company announced a $400 million partnership with Perplexity AI Inc. to incorporate its AI-powered search engine into Snapchat. The deal gives Snap a new business line and puts the social messaging company ...
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Snap Reveals Specs Inc. in 2026: Why It Matters For Consumers

Shock hit the market as 2026 plans accelerated. The move matters now because Snap formally created a standalone unit to run its next-generation AR glasses,