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Meta Connect developer conference
(Photo: Andrej Sokolow, Getty Images)
Thick frames, full hearts

Either Zuck or nothing

Do you want chunky glasses called "Orion"? That's what Meta thinks you want.

Jon Keegan

Mark Zuckerberg just wrapped up the keynote address at Meta Connect, the company’s annual developer conference.

Clad in an oversized black T-shirt emblazoned with Latin text reading “aut Zuck aut nihil” (“Either Zuck or nothing”), the Meta CEO ran through several tech demos, suffered some minor glitches, and talked about Dame Judy Dench, avocado smoothies, cattle ranching tips, and showed off some THICK prototype holographic glasses.

Zuckerberg noted that the company’s multi-year effort working on glasses, AI, and mixed reality are starting to bear fruit.

“We can start to see how the future of computing and the future of human connection are going to look, and it's pretty awesome,” said Zuckerberg.

It’s also going to look a little weird! The big reveal at the end of the keynote was a pair of holographic augmented reality glasses called “Orion” that the company has been working on for a decade, according to Zuckerberg.

Meta Orion
Photo: Meta

Unlike Apple’s face-hugging Vision Pro, Orion glasses look like — glasses — albeit so thick they look like they were pulled off the face of a Pixar character.

In a video of people’s reactions, the prototype glasses elicited a chorus of "that’s crazy" from various tech buddies such as digital marketer Gary Vaynerchuk and Nvidia CEO Jensen Huang.

It sounded like Orion wasn’t going to be ready to ship for a long time, probably due to the expense of the novel technology, which uses “tiny projectors in the arms of the glasses that shoot light into waveguides that have nanoscale 3D structures etched into the lenses,” Zuckerberg said. According to reporting from The Verge, the first generation of these expensive glasses will likely never in fact be sold to the public, who will have to wait for Orion’s second generation.

Other demos featured live language translation through Ray-Ban Meta glasses, AI-powered video translations of Instagram Reels, and virtual AI avatars that could answer questions on your behalf for... all your many fans?

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Report: US Treasury wants to get a look at Anthropic’s Mythos model

Anthropic’s relationship with the US government is complicated – and the Treasury Department is reportedly looking to make it even more so.

The Pentagon has officially deemed the startup a national security supply chain risk after it refused to allow its Claude AI to be used for any and all national security applications including domestic surveillance and autonomous killing.

But since Anthropic’s unusual announcement of its next model Mythos, other parts of the US government want to get their hands on it.

Bloomberg reports that the US Treasury is interested in getting access to Mythos for its own security testing. Last week Treasury Secretary Scott Bessent summoned top Wall Street CEOs to Washington to discuss the cybersecurity implications of the new model.

Mythos has not yet been released to the public, as Anthropic has deemed its potential offensive cybersecurity capabilities to be too dangerous for wide release, and has opted to only share the powerful new model with a group of leading tech companies.

Anthropic wants these early-access partners to test out the model, hoping to secure any major vulnerabilities before a public release. OpenAI also shared a forthcoming AI-powered cybersecurity tool with a select group of partners to shore up defenses in light of advances in detecting vulnerabilities.

European regulators were apparently left out of the loop from the Mythos announcement, and are also eager to test the new model.

But since Anthropic’s unusual announcement of its next model Mythos, other parts of the US government want to get their hands on it.

Bloomberg reports that the US Treasury is interested in getting access to Mythos for its own security testing. Last week Treasury Secretary Scott Bessent summoned top Wall Street CEOs to Washington to discuss the cybersecurity implications of the new model.

Mythos has not yet been released to the public, as Anthropic has deemed its potential offensive cybersecurity capabilities to be too dangerous for wide release, and has opted to only share the powerful new model with a group of leading tech companies.

Anthropic wants these early-access partners to test out the model, hoping to secure any major vulnerabilities before a public release. OpenAI also shared a forthcoming AI-powered cybersecurity tool with a select group of partners to shore up defenses in light of advances in detecting vulnerabilities.

European regulators were apparently left out of the loop from the Mythos announcement, and are also eager to test the new model.

tech

Report: SpaceX’s satellite internet business is propping up its rocket and AI businesses

Ahead of SpaceX’s highly anticipated IPO in June, new reporting from The Information reveals just how dependent the rocket and AI company is on its internet business.

According to the report, in 2025, Starlink generated $11.4 billion in revenue and $7.2 billion in adjusted EBITDA — a striking 63% margin — making it SpaceX’s only meaningful source of profit.

By contrast, the company’s core rocket launch business and its recently acquired AI unit, xAI, lagged far behind financially. The space launch business generated $4.1 billion in revenue and about $700 million in adjusted EBITDA, while the AI segment brought in $3.2 billion in revenue but lost roughly $1.2 billion on an EBITDA basis.

In other words, Starlink accounted for most of SpaceX’s revenue — and more than all of its adjusted profit.

Starlink’s profitability is already attracting rivals. Amazon on Tuesday agreed to acquire satellite company Globalstar in an effort to more directly compete with Starlink.

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Rani Molla

Meta will surpass Google in ad revenue this year, new industry data shows

In a world supported by digital ad dollars, Meta may soon be king. The Instagram owner’s net digital ad revenues are expected to hit $243.5 billion in 2026, surpassing Google’s projected $239.5 billion, according to new data from eMarketer.

The shift is happening as Big Tech companies, including Meta and Google, are increasing their spending on AI in hopes that AI will grow their top and bottom lines.

On the company’s last earnings call, Meta CFO Susan Li credited AI with driving performance gains, and said that growth will continue: “We expect the set of investments we’re making in 2026 will enable us to drive further gains as we continue to integrate AI across all layers of the marketing and customer engagement funnel.”

“In surpassing Google, Meta has essentially had many of its core strategies validated,” said Max Willens, principal analyst at eMarketer. “Meta has long understood that scale, network effects, and habits are more important than anything else in digital media. It has carefully built and defended the advantages it has in all three areas.”

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