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Story summary
- Xreal CEO Chi Xu unveiled Project Aura, which pairs wired glasses with an OLED “puck” mini-computer, at Google’s I/O conference in Mountain View.
- The system offers Google Maps, VR YouTube, painting, games and web browsing.
- Xreal will open the glasses to consumers this year after a developer-only phase.
- Xreal plans an IPO before the end of 2026.
- Xreal expects break even in 2027 through improved margins and reduced marketing spend.
