Apple's new smart glasses are codenamed N50 and will be powered by AI features when they release sometime in 2027, with Apple Intelligence (hopefully).

Many thought that if Apple and Meta still hadn’t made enough changes by then, more penalties would be handed down right away. But now, the Commission says that won’t happen—at least not yet.

(Bloomberg) -- Meta Platforms Inc. hired a pair of key artificial intelligence researchers who worked at Apple Inc., shortly after poaching their former boss from the iPhone maker.

Apple has reportedly lost its top executive in charge of artificial models to Meta Platforms, as the Facebook parent continues to build up its new “Superintelligence” AI division.

While Meta has seem some success in AI – its Llama models are widely used by developers, and its Ray-Ban AI glasses are relatively popular – the company is said to be struggling in other areas.

Meta also recently invested $14 billion in the data-labeling startup Scale AI and hired its top executive, Alexandr Wang, to help lead a new superintelligence unit inside the company.

In April, both Apple and Meta were hit by fines in the EU for failing to meet the region’s DMA obligations. Apple was fined €500 million, while Meta was hit with a €200 million fine.

Meta CEO Mark Zuckerberg is once again accusing Apple of shutting out competition, framing open-source AI as the latest move in a long-running fight over who controls the future of mobile platforms.

Wall Street expects Meta to deliver revenue growth of more than 13% in 2025 and 2026. Analysts project Apple's revenue will increase by roughly 4% in 2025 and by 6% in 2026.