Evan Spiegel, worth at least $5 billion. Credit: larry busacca/Getty Images for Time Inc Evan Spiegel was already a very rich man. But by the end of the day today, he'll be an even richer man.

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At the ongoing Augmented World Expo 2025 in California, Snap CEO Evan Spiegel announced that the company will launch a pair of AR smart glasses called Specs in 2026. The first commercially available ...

Snap cofounder and CEO Evan Spiegel wears the the developer version of the Spectacle Augmented Reality glasses. Images of the new "lightweight" version of the Specs have yet to be released.

The company has invested more than $3 billion over 11 years developing its augmented reality glasses, Snap co-founder and CEO Evan Spiegel said at the Augmented World Expo 2025 on Tuesday.