Dolby and Meta Expand Atmos and Vision Across Meta Ecosystem

Meta Platforms unveiled plans to bring its Muse AI agent to its AI glasses and previewed Charm, a pocket-sized device for talking to the agent, sending shares down 2.8% to $755.815 at 10.13 am ET on September 25, 2026. According to Meta, Muse will respond to what users see through their glasses, handle tasks while conversations continue and get its own email address, with shopping, payments and work integrations widening its potential uses. Meta plans more than 100 AI-glasses styles by year-end. Reuters reported that Jefferies estimated $10.8 billion in annualized revenue if Muse reaches 1 billion users by the end of 2027 and at least 3% become paying customers, a scenario rather than money in the bank. The September 25 valuation snapshot puts Meta 11.73% below its $856.24 GF Value estimate, suggesting potential upside without proving the shares are a bargain.

Meta used its Meta Connect event to unveil the Muse Charm, a standalone pocket device built exclusively for voice interaction with the company's new Muse agent, alongside a major push into what Chief Executive Mark Zuckerberg called Personal Superintelligence. The Muse Charm debut came late Wednesday, and Meta also showed off the Meta VR Glasses, a 100-gram spatial computing headset priced at $1,299 with 5K micro-OLED displays, tethered puck processing, and native eye and hand tracking, plus the third-generation Ray-Ban Meta Gen 3 glasses starting at an entry-level $249 and camera-free Ray-Ban Meta Audio glasses for open-ear listening and AI voice interaction. Meta's Muse has amassed more than 3.4 million downloads since its Sept. 8 launch, according to new Sensor Tower data obtained by Yahoo Finance, including 2.8 million in its first two weeks, versus 3.7 million for OpenAI's ChatGPT, 400,000 for SpaceXAI's Grok, and 300,000 for Anthropic's Claude over the same 14 days post-launch. Meta stock has surged 14% in the past five days, even as it trades on a forward price-to-earnings ratio of 22 times, below its long-term average of 23.1 times, with 2027 EPS estimates still well below levels seen 90 days ago. Citi analyst Ronald Josey said the firm emerges from Meta Connect incrementally positive on Meta shares, calling Muse the centerpiece of Meta's AI product strategy as voice, additional distribution points through Meta Glasses, and services across shopping, travel, and productivity verticals could unlock incremental monetization opportunities.

SoftBank is set to roll out the new Ray-Ban Meta Gen 3 in Japan on September 25, giving Meta Platforms another distribution channel for its AI-powered smart glasses. The Japanese carrier has been steadily expanding its smart-glasses business, becoming the country's first mobile network operator to sell Ray-Ban Meta Gen 2 glasses in June and enlarging its Meta glasses assortment again in August. Alongside the Gen 3 launch, SoftBank will also add Meta Glasses by LISA to its lineup. The wider retail and carrier availability matters to Meta because smart glasses are a prominent piece of its push to extend artificial intelligence beyond smartphones and PCs, and could help it gauge whether AI-powered wearables can become a substantial consumer hardware category. Meta shares closed up 4.5% at $777.59 on Thursday, while SoftBank Group's U.S.-listed shares slumped 7.6%.