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Xiaomi took the wraps off its Xiaomi AR Glass Discovery Edition at Mobile World Congress 2023. The concept glasses work on augmented reality technology. Xiaomi said the glasses are concept technology at this point.

Arjun Kharpal | CNBC

BARCELONA, Spain — Xiaomi on Monday took the wraps off a pair of prototype augmented reality glasses as the Chinese technology giant looks to sell more products beyond smartphones.

The device is called the Xiaomi Wireless AR Glass Discovery Edition. Augmented reality refers to digital media that can be superimposed over the real world that a person sees in front of them.

Xiaomi said the glasses are just a concept technology and won’t be on sale yet. However, the announcement at Mobile World Congress in Barcelona, the biggest mobile industry trade show in the world, highlights its ambition to enter the space.

If Xiaomi officially launches the product, it will join the likes of Microsoft’s HoloLens and the Google Glass Enterprise as AR products on the market.

Technology giants including Google, Microsoft and Apple are interested in augmented or mixed reality as a way to bring new experiences to consumers. The technology is often described as being a key part of whatever the idea of a “metaverse” turns out to be.

“I think AR is a profound technology that will affect everything,” Apple CEO Tim Cook said last year.

Apple hasn’t officially acknowledged or launched any kind of virtual or augmented reality headset.

Bloomberg reported this year that Apple will unveil its mixed reality headset this spring, with consumer deliveries beginning in fall 2023.

“It’s a widespread view in the technology industry that AR smart glasses could be the next major form of mobile computing after the smartphone,” Leo Gebbie, analyst at CCS Insight, told CNBC via email.

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Cramer says this retail stock is ‘one of the greatest performers of all time’

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Google taps AI vibe-coder Replit in challenge to Anthropic and Cursor

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Google taps AI vibe-coder Replit in challenge to Anthropic and Cursor

People walk next to the Google Cloud logo, during the 2025 Mobile World Congress (MWC) in Barcelona, Spain, March 4, 2025.

Albert Gea | Reuters

Google Cloud announced Thursday a multi-year partnership with artificial intelligence coding startup Replit, giving the search giant fresh firepower against the coding products of rivals, including Anthropic and Cursor

Under the partnership, Replit will expand usage of Google Cloud services, add more of Google’s models onto its platform, and support AI coding use cases for enterprise customers.

Google will continue to be Replit’s primary cloud provider. 

Replit, founded nearly a decade ago, is a leader in the fast-growing AI vibe-coding space.

In September, the startup closed a $250 million funding round that almost tripled its valuation to $3 billion, and said it grew annualized revenue from $2.8 million to $150 million in less than a year. 

And new data from Ramp, a fintech company that also tracks enterprise spending on its platform, found that Replit had the fastest new customer growth among software vendors. Google, meanwhile, is adding new customers and spending faster than any other company on Ramp’s platform.

Put those together, and you get a clearer picture of why both companies see opportunity.

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Vibe-coding emerged as a phenomenon earlier this year after AI models became more adept at generating code using only natural language prompts, allowing users with little experience in programming to use AI to create functioning code and potentially full applications. 

Anthropic announced on Tuesday that its product Claude Code hit $1 billion in run-rate revenue. The coding startup Cursor, in November, closed a funding round that valued it at $29.3 billion, while also announcing it reached $1 billion in annualized revenue. 

Replit, which bills itself as an easy-to-use product for non-developers, could help drive Google Cloud adoption among enterprises, and expand the reach of its AI efforts beyond traditional engineers. 

Google is riding on the momentum of its new top-scoring model, Gemini 3. Shares of Alphabet have risen more than 12% since its debut. 

Google gathers AI momentum after Gemini 3 release

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Mark Zuckerberg comes to his senses on metaverse spending, and we’re thrilled

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Mark Zuckerberg comes to his senses on metaverse spending, and we're thrilled

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