# Mr Altman likened the experience of a smartphone to walking through Times Square, with its flashing lights and loud noises.

*semiconductor · news · 2026-04-14 · Livemint*

## Key points

- OpenAI plans to unveil its new AI device in the second half of 2024.
- Meta is shifting resources from VR headsets to accelerate development of AI-powered smart glasses.
- Rising memory chip prices and foundry prioritization of AI chips are squeezing smartphone makers' margins.
- Apple and Google are embedding Google's Gemini AI across both iPhone and Android ecosystems.
- Technical and privacy challenges have caused previous smart glasses and AI pin devices to flop.

**Companies:** Apple, Google, OpenAI, Meta, Amazon, Qualcomm
**Countries:** United States

[Read the full story on Livemint](https://www.livemint.com/global/will-the-smartphone-survive-the-ai-age-11776155050467.html)

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