08:38 AM EST, 11/08/2024 (MT Newswires) -- Baidu ( BIDU ) is planning to reveal smart glasses with a built-in AI assistant at its annual Baidu World event in Shanghai next week, Bloomberg News reported Friday, citing a person familiar with the schedule.

The gadget will have built-in cameras and will support voice interactions powered by Baidu's ( BIDU ) Ernie AI model, the report said.

It is likely to sell for less than the $299 price of Meta's (META) popular Ray-Ban smart glasses and may start as soon as next year, the report said.

Baidu ( BIDU ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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