logo
#

Latest news with #Envision

China's $16 Billion EV Power Play: Why Tesla's Top Suppliers Are Racing Overseas
China's $16 Billion EV Power Play: Why Tesla's Top Suppliers Are Racing Overseas

Yahoo

timean hour ago

  • Automotive
  • Yahoo

China's $16 Billion EV Power Play: Why Tesla's Top Suppliers Are Racing Overseas

Chinese EV giants are rewriting the playbook. For the first time ever, they poured more capital overseas than at home in 2024$16 billion versus $15 billionmarking what Rhodium Group calls a historic shift. After years of plowing 80% of their investment into the domestic market, the tide has turned. The logic? Brutal overcapacity and a domestic price war have squeezed margins to the bone. Now, global expansion isn't just attractiveit's strategic. By going abroad, these firms aim to chase higher returns, dodge Western tariffs, and meet customer demands for localized supply chains. Warning! GuruFocus has detected 1 Warning Sign with NVO. The muscle behind this move is unmistakable. Battery makersthink CATL, Envision, Gotionaccounted for about three-quarters of all outbound spending. Many are following their heavyweight clients like Tesla (NASDAQ:TSLA) and BMW to foreign soil, citing high transport costs and on-site manufacturing requests. CATL, the world's largest EV battery producer, has made overseas growth its top priority. BYD (BYDDF) already runs plants in Brazil and Thailand and is eyeing more in Turkey and Indonesia. Chery, meanwhile, just pledged $1 billion to build EVs in Turkey. But ambition comes at a cost. Overseas projects take longer, cost more, and carry higher political and regulatory risk. Only 25% of announced projects abroad have actually been completed, versus 45% inside China, per Rhodium. Execution risk is rising fast. BYD's Mexico plant has been shelved indefinitely, citing U.S. trade policy uncertainty. Svolt has walked away from nearly all of its foreign factory plans. Meanwhile, Chinese regulators are starting to worry about what this global pivot means for jobs, know-how, and industrial resilience back home. If fears of hollowing out gain traction, expect tighter controls on outbound investment. The global land grab is onbut for China's EV supply chain, it's looking less like a victory lap and more like a high-stakes balancing act. This article first appeared on GuruFocus.

Ally Solos: These smart glasses use AI to help low-vision users see the world around them
Ally Solos: These smart glasses use AI to help low-vision users see the world around them

Indian Express

time17 hours ago

  • Business
  • Indian Express

Ally Solos: These smart glasses use AI to help low-vision users see the world around them

Imagine a pair of smart glasses specifically designed for blind and low-vision users, allowing them to perceive the world around them. It's no longer science fiction: it's now a reality, thanks to artificial intelligence. This has been made possible by Envision, a startup founded by Karthik Mahadevan, who serves as the company's CEO, and Karthik Kannan, who serves as the CTO. Both Mahadevan and Kannan studied at the College of Engineering, with Mahadevan later earning a master's degree in Industrial and Product Design from Delft University of Technology. Their company has partnered with eyewear brand Solos to launch a new generation of smart glasses specifically tailored for blind and low-vision users. Dubbed Ally Solos Glasses, they can read text, describe the environment, perform web searches, and even recognize people, signs, and objects—all through audio cues delivered via built-in speakers. These glasses are built using the same frame as the AirGo Vision glasses that Solos launched last December, featuring multimodal AI and a ChatGPT-powered voice assistant. While much of the design remains similar, the Ally Solos glasses use Envision's own AI assistant, 'Ally,' instead of GPT-4o. This assistant is powered by a combination of foundational AI models, including Meta's Llama, OpenAI's ChatGPT, Google's Gemini, and Perplexity, according to the Ally website. The glasses also feature 2K resolution camera sensors on the frames to process visual information and connect via the Ally app on iOS and Android. The glasses have P67 rating for protection from dust and water, and USB-C chargeable ear stems that provide 'up to 16 hours of active use' on a single charge. It takes around 90 minutes to fully charge the ear stems, with 15 minutes of fast-charging providing around three hours of battery life. The basic idea behind the glasses is that the built-in cameras 'see for you,' enabling them to read menus, describe the environment, or even recognize people and objects through spoken commands. Although they are marketed primarily to blind and low-vision users, anyone can use these glasses, for example, to access translation features or scan and capture documents using the cameras. The Ally Solos Glasses are available for pre-order at a special launch price of $399, discounted from the regular price of $699. The frames come in two sizes (regular and large) and are available in black, gray, or brown. Shipping for pre-orders is expected to begin in October 2025. In recent years, major tech companies have been focusing on accessibility technology by either launching dedicated products or adding accessible features to mainstream devices. For example, Apple's Live Speech feature allows users to type what they want to say and have it spoken aloud across their Apple products, while Eye Tracking enables people to control their iPhone or iPad using just their eyes. Similarly, Google is using AI to power features like Guided Frame, which helps blind and low-vision Pixel users take well-framed photos through audio and haptic cues, as well as Lookout, which can identify objects and generate detailed image descriptions. Meta's Ray-Ban glasses, for instance, are already helping blind users navigate the world with greater ease.

Solos' new partnership brings real-world use cases that you need to already excellent smart glasses starting today
Solos' new partnership brings real-world use cases that you need to already excellent smart glasses starting today

Phone Arena

time4 days ago

  • Business
  • Phone Arena

Solos' new partnership brings real-world use cases that you need to already excellent smart glasses starting today

Solos — which makes some pretty neat smart glasses to challenge the Meta Ray-Ban — has just partnered with Envision. Through this collaboration, the app 'Ally' is now supported on the Solos AirGo, bringing practical use to the glasses for people whose vision is on the Solos AirGo will enable its users to be able to carry out a lot of tasks with AI-powered assistance backing them up. For example, the glasses can read text from books, mail, menus, and signs for the user. The AirGo will also be able to recognize people and places, so users can simply ask their glasses where they currently are, or who might be approaching them. Furthermore, the Solos AirGo — powered by Ally — can remember context for future conversations, or read you a document. And, of course, the glasses can also answer questions, provide reminders, or carry out other tasks that current AI models are quite good Meta, Google, Samsung, and Apple vie for an emerging industry, it's nice to see a company also keeping other helpful applications of the technology in mind. The Meta Ray-Ban smart glasses were an unprecedented success, and glasses like the Solos AirGo are a bridge between the smartphone of today and the true AR smart glasses of tomorrow. Using Ally on the Solos AirGo smart glasses. | Image credit — Solos Envision's Ally app's compatibility with the Solos AirGo smart glasses begins today, and all tiers of the glasses will get a month-long free trial of Ally Pro. If you find the app helpful with your glasses, then you know that you've just found what will possibly be your best purchase in years. You can order a pair of the Solos AirGo smart glasses here. Solos' smart glasses offer plenty of reasons for consumers to choose them over competitors. For example, shortly after bringing AI-powered features to the glasses, Solos introduced an extra mode of privacy. The Solos AirGo Vision, launched last year, allowed users to swap frames for whenever they didn't want the camera to be able to see their surroundings. Whenever the industry finally moves on to smart glasses with displays, I suspect Solos will follow with some pretty nifty offerings of its own.

Solos is equipping its smart glasses with an AI for the blind and low-vision community
Solos is equipping its smart glasses with an AI for the blind and low-vision community

Engadget

time4 days ago

  • Business
  • Engadget

Solos is equipping its smart glasses with an AI for the blind and low-vision community

Solos is teaming up with Envision, a company that makes assistive technology for the blind and low-vision community, to add an AI called Ally to its AirGo smart glasses platform. This chatbot was designed for those with vision issues. The companies say this integration creates a "first-of-its-kind, hands-free, voice-activated wearable." Solos says the specs can perform a number of tasks that should make life easier for the low-vision community, including recognizing and reading text in real time, describing scenes, recognizing faces and more. Just by speaking, users can ask the glasses to scan documents or photos for context, answer questions, check calendars and converse naturally about just about anything. The companies say that Ally remembers context across conversations. Solos says that the innovative nature of the glasses should make them useful for lots of folks, low-vision or not. This includes the elderly, people with cognitive disabilities and "anyone overwhelmed by modern devices but curious about what AI can do." The Ally-equipped AirGo glasses support prescription lenses, which is great, and include a directional speaker system. These smart glasses also include a modular component, as users can swap out different frame fronts to change up the look. Preorders are open right now, with shipments beginning in October. Prices start at $399. All purchases come with a free trial for Ally Pro , which adds more customization and functionality to the AI.

These smart glasses use AI to help low-vision users
These smart glasses use AI to help low-vision users

The Verge

time4 days ago

  • Business
  • The Verge

These smart glasses use AI to help low-vision users

Accessibility-focused tech provider Envision has partnered with eyewear company Solos to launch new smart glasses specifically designed for blind and low-vision users. Envision says the camera-equipped Ally Solos Glasses can read and translate text, describe surroundings, search the web, and recognize people, objects, and signs, feeding information to the user via open-ear speakers built into the ear stems. The Ally Solos Glasses are available to pre-order today for $399, which Envision says is a 'special launch pricing' that's discounted from $699. The frames come in two sizes — regular or large — and a choice of black, gray, and brown color options. Shipping for pre-orders is expected sometime in October 2025. They're built on the existing AirGo Vision glasses that Solos launched in December, which provide their own vision recognition features via OpenAI's GPT-4o AI model. Envision's version replaces GPT-4o with Envision's 'Ally' AI assistant, which is powered by a combination of foundation AI models, including Meta's Llama, OpenAI's ChatGPT, Google's Gemini, and Perplexity, according to the Ally website. The AI features work by connecting to the Ally iOS or Android app via Bluetooth. The glasses themselves have a strong IP67 rating for protection from dust and water, and USB-C chargeable ear stems that provide 'up to 16 hours of active use' on a single charge, according to the pre-order listing. It takes around 90 minutes to fully charge the ear stems, with 15 minutes of fast-charging providing around three hours of battery life. Accessibility features are already an established benefit on other smart glasses. Envision has previously released assistive eyewear built on the now-defunct Google Glass hardware, for example, and AI vision interpretation features provided by the Ray-Ban Meta smart glasses have already been embraced by the low-vision community. It's unclear how the Ally Solos Glasses' capabilities will compare to more affordable rivals, given $699 is considerably pricier than the $299 AirGo Vision and Ray-Ban Meta. Posts from this author will be added to your daily email digest and your homepage feed. See All by Jess Weatherbed Posts from this topic will be added to your daily email digest and your homepage feed. See All AI Posts from this topic will be added to your daily email digest and your homepage feed. See All Gadgets Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech Posts from this topic will be added to your daily email digest and your homepage feed. See All Wearable

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store