Meta is developing an AI pendant it plans to begin testing within the next year, according to an internal memo by Alex Himel, the company’s VP of Wearables, obtained by The Information. The memo outlines a broader hardware push: four new AI smart glasses models (Modelo, Luna, RBM2 Refresh, and Mojito VIP), a business-focused subscription service called “Wearables for Work” that aims to secure pilot programs with at least 10 enterprise customers, and a target of selling 10 million wearable devices in the second half of 2026 while reaching 6.8 million monthly active wearable users by year-end. Himel wrote that the strategy hinges on software monetization: “To build a sustainable business beyond hardware margins we need to monetize the software experiences that differentiate our devices.”
The pendant project builds on Meta’s late-2025 acquisition of Limitless, an AI wearable startup whose core product was a clip-on or necklace-worn device that recorded and transcribed real-world conversations. The push comes as Reality Labs posted a $4.03 billion loss in Q1 2026 on just $402 million in revenue, increasing pressure to turn Meta’s wearables bet into a commercially viable business. The category’s only clear hit so far has been Meta’s Ray-Ban AI smart glasses, with EssilorLuxottica reporting over 7 million units sold in 2025. The broader AI wearables market remains a graveyard of early attempts — Humane’s AI Pin effectively shut down after HP acquired its assets for $116 million — though OpenAI’s collaboration with designer Jony Ive on an AI device continues.