Bloomberg reports that the company is seeking multiple investors for its AR division - said to be valued at as much as $350 million – which is currently developing smart glasses designed to connect via Bluetooth to mobile phones. The glasses, say reports, will be able to display contextual information in the user's field of view via a laser-based projector that reflects off the lens and onto the wearer's retina.
Reportedly to be called "Vaunt," the glasses appear visually and in use as normal eyeglasses, according to The Verge, which was able to perform a hands-on evaluation of an early pair of prototypes. In addition, they are expected to be available in a variety of styles, work with prescriptions, and are comfortable to wear for extended periods.
Intel's head of products for its New Devices Group told The Verge that the company is "really excited" about the potential for head-worn products. A key focus on the design of the new smart glasses was to create something designed to "make the technology disappear."
One of the design goals for the glasses was a weight of under 50 grams – more than most standard glasses, but much lighter than other smart glasses and head-mounted displays. The glasses' electronics are located in the stems, near the front frames – keeping the weight properly distributed for comfort while also allowing for normal stem and frame flexing during use.