The worldwide wearables industry is predicted to grow at a CAGR of 18% by 2026. With the addition of fitness tracking, health monitoring, virtual assistants, and other capabilities, wearable technology has advanced significantly in the last several years. There is still much room for development, but AI is poised to enhance the performance and functionality of wearables.
Similar to other industries, true artificial intelligence stands to transform the wearables business. Many companies are already using the term “AI” to describe the capabilities of their wearables, but in reality, most of these devices only have very basic algorithms and AI capabilities. AI needs to mature beyond its present state and provide genuinely intelligent engagement for the market to reach its full potential.
Cool Startups that are bringing AI wearables to the market are listed below:
An open-source ecosystem that aims to aid developers and creatives in recreating the future includes Brilliant Labs’ Frame AI Glasses. Using OpenAI’s Whisper technology, these glasses can grant the wearer “AI superpowers,” including visual analysis of your surroundings.
The wearer can mix their digital and physical realities by translating what they see and hear in real time. Additionally, the glasses can access the web and retrieve images visible to the user. Modifying, hacking, and constructing are all encouraged with the Frame AI Glasses, which invite the most daring ideas to enhance their usefulness. Because they are open-source, anyone can alter them to suit their tastes.
People can get brain devices to stabilize and generate lucid dreaming from Prophetic AI, a non-invasive neurotech firm. “The Halo” is a new non-invasive neurological device developed by prophetic AI that can stabilize your dreams and put you into lucid dreaming.
The Halo is the pinnacle of wearable neurotechnology, designed to aid in delving into one’s psyche. This wearable uses a cutting-edge neurostimulation device to simulate brain activity patterns seen during authentic lucid dreaming.
The unveiling of Ai Pin is the first wearable and user-friendly multi-modal device. Ai Pin is your digital assistant and second brain, helping you stay present and focused while you make calls, send messages, seek answers, capture moments, take notes, or manage your digital life.
According to The Verge, a new wearable device and software called Limitless AI can help you recall important appointments: technologies, gadgets, and artificial intelligence. Designed to do more than just run on your PC, it can also access data stored in the cloud and the real world, allowing you to access it from any device.
The new AI microphone pendant from Tab AI can listen in on conversations and offer helpful insights. Users may now transcribe their talks with ChatGPT, which allows them to turn their conversations into insights by simply using Bluetooth to send audio to their phone and then uploading it to the cloud.
Teenage Engineering created the Rabbit r1, an AI personal assistant gadget made by tech startup Rabbit Inc. Its multi-function architecture enables AI to handle tasks often associated with smartphones and smart home devices, such as ordering food delivery, as well as web searches and media control through voice commands and touch contact.
The team at Neurable is hard at work creating artificial intelligence solutions for BCI and brain signal translation. Its platform enables high-performance brain-computer interfaces in daily products through the use of patented signal processing established through research across labs and institutions and advanced by a scientific and expert product team.
A few number of companies have cornered the present wearables market. These include Apple, Google (with their recent acquisition of Fitbit), Samsung, and a handful of others. Nevertheless, new start-ups can stand out by addressing some of the industry’s existing challenges, as with every new market. Artificial intelligence will revolutionize the medical and wearables industry by releasing ideas previously only imagined in science fiction. Businesses that solve some of these problems will play a key role in bringing about this new age.
Dhanshree Shenwai is a Computer Science Engineer and has a good experience in FinTech companies covering Financial, Cards & Payments and Banking domain with keen interest in applications of AI. She is enthusiastic about exploring new technologies and advancements in today’s evolving world making everyone’s life easy.