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AR Optics: IDTechEx Explores Insights from IDTechEx at CES 2024

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BOSTON, Feb. 13, 2024 /PRNewswire/ — Apple’s Vision Pro has recently grabbed all the headlines in the spatial computing world, following years of hype and rumors of Apple bringing a headset to market. The Vision Pro is thought to be merely the opening salvo of the tech giant’s strategy, with see-through augmented reality (AR) devices expected to be the endgame. Compared to the camera passthrough used in headsets like the Vision Pro and Meta’s Quest 3, this would vastly improve the view of the real world while helping to make devices much more like normal glasses – not to mention aiding social acceptability by making the wearer’s eyes visible to those around them.

As outlined in IDTechEx’s report, “Optics for Virtual, Augmented and Mixed Reality 2024-2034: Technologies, Players and Markets“, the development of optical combiners, specialized optical components which project virtual information on top of the real world, is a key hurdle holding back see-through AR from primetime. However, startling progress is being made to solve this, with CES 2024 giving a great overview of recent developments in AR optics and spatial computing overall.

Contrasting approaches to AR

The two biggest AR headset announcements at this year’s CES took very different approaches. TCL’s upcoming RayNeo X2 Lite headset fell under the banner of “lite AR”. These devices are lightweight with a glasses form factor, focusing on being minimally intrusive while displaying simple contextual information like directions or sports statistics to the wearer. In contrast, XReal’s Air 2 Ultra is more of a spiritual successor to the HoloLens, focusing on adding emphasis on mixed reality features like spatial localization and mapping, and hand tracking to XReal’s device lineup. While no heavyweight at 80g, it is not designed to be worn as an accessory in the same vein as “lite AR” devices.

Polymer waveguides showed impressive performance

Optics for lite AR were a fruitful space for innovation at this year’s CES. Chinese player Mojie, also known as Meta-Bounds, supplies Oppo its AR optics. It showed IDTechEx its newest resin surface relief diffractive waveguides at the event. Compared to the optical glass substrates more commonly used in AR waveguides, polymers can increase durability while reducing weight due to their lower density and potential elimination of the requirement for cover glass. They could also cut the cost of these specialized optical components. A major downside is that their lower refractive index limits the field of view of the waveguide, but this is not an issue for lite AR. Critically, Mojie’s waveguides can be bonded directly to ophthalmic lenses, meaning AR glasses can become viable prescription eyewear without clunky solutions like prescription inserts.

Shenzhen-based Optiark’s pre-production LHASA-5 resin waveguides could make lite AR even lighter: one waveguide, weighing only 4g, uses a single display to project images to both eyes. This could solve the comfort issues some face while wearing glasses with a monocular display without adding significant weight or cost. Optiark said it expects the image quality to surpass others already producing resin waveguides: this could be due to the multi-level diffraction gratings it employs, or it may be able to achieve higher new levels of surface flatness than are typical in polymer AR optics.

A new challenger to birdbath optics

Innovation was not limited to the lite AR space, with Korean player LetinAR’s latest optics looking like strong competitors to the birdbath optics used in lower-cost, wide field-of-view AR devices like those from XReal. This special class of reflective waveguide uses the proprietary PinTILT™ architecture, which allows a relatively affordable and high-resolution micro-OLED display to be used, just like with birdbath optics but unlike with most other waveguides. Although the design makes them thicker than other waveguides, it also allows these injection-molded plastic optics to have a wide FoV, making them suitable for immersive applications. Crucially, the wearer’s view of the real world and the view of the user’s eyes are vastly better than with birdbath optics. LetinAR’s optics are close to mass production readiness and were shown at CES in devices from Jorjin, Sharp, and Nimo.

Optics are taking AR headsets close to primetime readiness

Compared to previous years, AR felt significantly closer to mass-market viability at this year’s CES, with the contribution of optics being hard to understate here. Improved optical designs, in conjunction with the wider availability of emerging display technologies like micro-LED, are shrinking AR glasses down, with more efficient optical systems reducing demands on batteries and thermal management systems. Vuzix’s Z100 lite AR glasses, announced at CES, weigh less than many prescription glasses and quote a battery life of over 48 hours, with a Jade Bird Display micro-LED screen and advancement in waveguide design being key here. More immersive devices might not be quite so unobtrusive, but XReal’s Air 2 Ultra offers true MR features at $2,800 cheaper than the Vision Pro (although you will need to pair them with a high-end smartphone). Overall, the future for AR looks bright.

Further insight

The stories presented here provide only a small portion of IDTechEx’s insights from CES 2024, which are available to their subscribers, amongst much more timely information on emerging technologies on their portal. Events like CES help shape IDTechEx’s coverage of spatial computing with its recent reports, “Optics for Virtual, Augmented and Mixed Reality 2024-2034: Technologies, Players and Markets” and “Displays for Virtual, Augmented and Mixed Reality 2024-2034: Forecasts, Technologies, Markets“, giving comprehensive intelligence including 10 year granular adoption forecasts into these two critical technology markets.

About IDTechEx

IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.

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press@IDTechEx.com
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De¹ Introduces Tokenized Asset World on BNB Chain, Developing Financial Intelligence Across the Full RWA Financial Landscape

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NEW YORK, Oct. 19, 2026 /PRNewswire/ — De¹ is launching Tokenized Asset World on BNB Chain, the first domain-specific world under its Financial World Model (FWM). It introduces specialized financial intelligence designed to understand the full onchain RWA landscape, from trading and collateral to borrowing, credit, liquidation and agent activity, and apply that knowledge to real financial decisions.

Traditional finance moves assets through separate networks of brokers, custodians, clearing systems and lenders. Each institution sees a different part of the lifecycle, while transfers, reconciliation and collateral requirements add friction to capital deployment. Bringing assets onchain makes financial activity more programmable, but it does not automatically connect the knowledge held across trading, financing and risk systems.

De¹ is establishing Tokenized Asset World on BNB Chain, where that real-assets financial ecosystem already unfolds in live markets. PancakeSwap, ListaDAO, Venus, Binance Agent OS and BNB Agent SDK span public trading, collateralized lending, structured credit and authorized agent activity. These activities produce distinct signals: executed prices, liabilities, vault constraints, liquidations and the outcomes of agent actions.

Tokenized Asset World brings fragmented financial knowledge into a coherent, learnable model of the full RWA landscape. The domain model is designed to understand the relationships and consequences across financial operations, with verified execution outcomes continuously refining De¹’s understanding of onchain financial physics. This introduces a new layer of intelligence to BNB Chain, enabling a more complete understanding of the tokenized-asset stack across trading, collateral, credit, vaults and agent activity.

AI agents can tap into this intelligence to operate across tokenized-asset markets with a more comprehensive view of liquidity, borrowing conditions, collateral exposure and liquidation risk as a whole. This deeper market understanding could raise more sophisticated strategies, execution and risk decisions. Each agent interaction, in turn, generates new evidence for the model, creating a continuous feedback loop between financial intelligence and live market execution while strengthening De¹’s broader Financial World Model.

About De¹

De¹ is the intelligent infrastructure platform at the intersection of DeFi and AI, building the Financial World Model grounded in live execution and real market feedback. It serves developers, traders, institutions, and AI agents through intelligent execution, unified liquidity, reinforcement learning optimization, and a continuously evolving data flywheel.

Contact: Marketing, pr@de1.ai

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Plata reaches $1 Billion ARR Milestone, becoming the fastest digital bank ever

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The Mexico based digital bank shatters traditional digital banking scaling timelines, reaching a $1 Billion Annual Recurring Revenue  in less than 3.5 years from launch

MEXICO CITY, Oct. 19, 2026 /PRNewswire/ — Plata, the world’s fastest growing digital financial institution, today announced that in September 2026 it has crossed $1 billion in Annual Recurring Revenue (ARR), reaching the milestone in less than 3.5 years from launch in April 2023 and less than a year after receiving its full banking license. Plata´s growth makes it the fastest digital bank in history to reach this benchmark, and puts it on par with some of the world’s fastest growing leading AI companies, underlining Plata’s own AI and tech capabilities.

Plata reaches this goal after having reached more than 4 million customers in Mexico and having launched operations in Colombia at the beginning of September. In Mexico, Plata is now the fourth credit card issuer in the country by number of customers, and the only digital bank with a full product suite including credit, debit, investments, and small business banking. Plata’s growth is also nearing profitability, which is expected to be reached for its Mexico business within the next 6 months.

Plata changed the rules by building a universal financial platform powered by its own technology from day one. By setting up its core banking system, the company proved that regulated financial institutions can scale at AI-like speed without undermining operating performance.

“By building our own technology from scratch, we proved that a bank can move at AI company speed without compromising anything. Now we are ready to accelerate our innovation, make finance effortless and accessible for everyone.” Neri Tollardo, CEO of Plata.

As digital adoption accelerates across Latin America, Plata´s performance sets a new benchmark for financial infrastructure scaling, financial adoption, and operational efficiency in emerging markets.

About Plata

Plata is the fastest-growing financial institution in Latin America and the largest private digital bank by customer volume. In less than three years, we reached a valuation of $3.1 billion with 4 million active credit card customers and crossed $1 billion in Annual Recurring Revenue (ARR). Backed by $1.5 billion in equity investment, 1.5 in financing, and a workforce that includes 800 in-house developers, in Banco Plata we have built our own technological ecosystem, which includes a core banking system, CRM, and an app focused on simplifying the financial experience.

View original content:https://www.prnewswire.com/news-releases/plata-reaches-1-billion-arr-milestone-becoming-the-fastest-digital-bank-ever-302912970.html

SOURCE Plata

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Trends International Announces Kenneth Smith as President and Chief Executive Officer

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Experienced executive to lead company’s next phase of retail, digital commerce and strategic growth

INDIANAPOLIS, Oct. 19, 2026 /PRNewswire/ — Trends International, LLC, a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products, today announced that Kenneth Smith has been appointed President and Chief Executive Officer, effective May 2026.

Smith will spearhead the company’s overall strategic direction and growth initiatives across its retail, wholesale, e-commerce, licensing and direct-to-consumer businesses. In his role, Smith will oversee Trends International and its portfolio of digital businesses, including Art.com and AllPosters.com.

Smith’s appointment comes as Trends International enters a new phase of expansion focused on broadening its retail presence, accelerating e-commerce, strengthening strategic customer relationships, developing new products and licenses, and pursuing partnerships and business opportunities.

“I am honored to lead Trends International and build on the strong foundation established by the company, its founders and its talented employees,” said Kenneth Smith, “We have an exceptional portfolio of brands, licenses, products and customer relationships, and we see significant opportunities to grow the business. Our focus will be on strengthening our retail partnerships, accelerating our digital businesses, developing innovative products and creating new strategic opportunities that deliver value for our customers, consumers, licensors and partners.”

Expanding Retail and Digital Footprint
Under Smith’s leadership, Trends International will continue to invest in its core retail business while broadening its digital commerce capabilities.

The company is focused on deepening relationships with major retailers, expanding distribution, improving merchandising, and developing new product platforms designed to create incremental sales opportunities.

Trends will also continue to build Trends Digital, bringing together the company’s e-commerce capabilities and creating a platform for future digital growth and potential e-commerce acquisitions.

The company’s digital portfolio includes Art.com and AllPosters.com, providing consumers with access to millions of images, posters, prints, wall art, and complementary décor.

“Trends has a tremendous opportunity to build upon its heritage while positioning the company for the future,” Smith said. “We are focused on growth, but equally important is how we achieve that growth — through strong customer partnerships, disciplined execution, innovation and a culture that empowers our people to succeed.”

Strategic Priorities
Smith’s leadership agenda includes several key areas of focus:

Retail growth — Expand relationships and sales with major national retailers and specialty channels.Product innovation — Develop new product formats, displays and seasonal programs that create incremental retail opportunities.Digital commerce — Accelerate the growth of Trends Digital, Art.com and AllPosters.com.Strategic partnerships — Forge new licensing, brand and business partnerships that expand the company’s market opportunity.Operational excellence — Improve organizational alignment, processes, technology, and execution across the company’s businesses.Talent and culture — Build a high-performing organization focused on accountability, innovation, customer service and sustainable growth.

“Kenneth brings a strong combination of leadership, customer focus and business development experience to Trends International,” said Phil St. Jean, Founder and Co-Executive Chairman of Trends International. “His vision for the company and his commitment to our customers, employees and partners make him the right leader for this next chapter. We are excited about what the future holds for Trends International and its businesses.”

About Kenneth Smith
Kenneth Smith is an experienced business executive with a background in sales leadership, strategic account development, business development, customer relationships, and organizational transformation. Throughout his career, Smith has focused on developing strategic growth initiatives, building high-performing teams, and creating long-term partnerships with major customers and business partners.

As president and chief executive officer of Trends International, Smith is responsible for the company’s overall strategy, growth, organizational leadership and business performance.

About Trends International
Trends International, LLC is a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products. Established in 1987, Trends built its business around strong partnerships between licensors, retailers and licensees. Today, the company delivers a broad portfolio of licensed and proprietary products distributed through major retail, specialty, and digital channels.

Art.com, acquired by Trends International in 2023, is a leading online specialty retailer of high-quality wall art and complementary décor. The business offers millions of images and products through its digital commerce platform and interactive visualization tools.

AllPosters.com, part of the Trends International family of businesses, offers consumers a broad selection of posters, prints and wall décor.

For more information about Trends International, Art.com, AllPosters.com or Kenneth Smith, contact:

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SOURCE Trends International

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