Gemini Glasses Start at $395 as Meta Leads AI Shipments

Key Takeaways

• Norwest announced its largest fund, $4 billion, to invest across technology, healthcare and consumer companies in the U.S., India and Israel, with AI among its priorities.
• Norwest’s AI interests include infrastructure, chips, specialized models, physical and voice AI, cybersecurity and aerospace; named investments include Coval, Generalist AI, ORION Security and VAST Data.
• Google and Samsung’s Gemini smart glasses start at $395, offer 30 designs and go on sale Dec. 10; Google says visuals will not be used for AI training or ad targeting and recording is signaled by a light.
• Omdia says Meta accounted for 81.3% of AI-glasses shipments in the first half of 2026; privacy concerns around camera-equipped glasses remain.
• CoreWeave recorded $3.661 billion in third-quarter revenue, up 168% year over year, and a $132.5 billion backlog, while its net loss widened to $709 million.
• CoreWeave raised its revenue growth guidance to $13 billion-$13.3 billion; its results helped lift U.S. stocks and AI-related shares.
• Silicon Data’s Steve Hou estimated A100, H100 and B200 GPU values at 22%, 50%-60% and about 180% of original prices, respectively, and said whether AI demand spreads beyond the sector remains a key question.
• A poll warns that the Nvidia controversy could affect U.S. AI investment, chip-export policy and oversight; a separate CNBC discussion covered Nvidia, AI stocks and Fed rates without reported conclusions.
• South Korea’s AI committee task force plans a national cyber-resilience strategy and 2027-28 roadmap by the first quarter of next year, covering critical services and more than 20 vulnerability checks.
• XPeng is pursuing robotaxis and humanoid robots; its robot business is valued at over $6 billion, while European leaders meeting in Dublin are discussing AI alongside security, energy and competitiveness.

Norwest expands AI investments with its new $4 billion fund

Norwest announced a $4 billion fund on Thursday to invest across industries and countries, including the United States, India and Israel. The firm plans to back AI startups in consumer, healthcare and technology, with interests in physical AI, voice AI, agentic cybersecurity and aerospace. Senior managing partner Jeff Crowe said AI can affect many industries and products. Norwest is especially interested in early-stage AI applications and infrastructure, domain-specific models and cybersecurity. Recent investments include Coval, which tests and evaluates AI agents, and Generalist AI, which develops AI foundation models for robots.

Norwest closes $4 billion fund for healthcare, biotech and AI

Norwest closed a $4 billion global, multi-stage fund to invest in technology, healthcare and consumer companies across the United States, India and Israel. The fund will focus on healthcare, biotech and artificial intelligence. Norwest says the fund will support companies and technologies in these areas. The firm plans to use its experience to find and back promising businesses.

Norwest launches $4 billion fund with AI among its priorities

Norwest announced Norwest 18, a $4 billion fund for investments in enterprise software, consumer internet, mobile, cloud and artificial intelligence. Its areas of interest include financial infrastructure, AI-enabled patient care and drug discovery, physical systems, aerospace and cybersecurity. The fund can back both new founders and businesses that have operated for years, and it gives Norwest more capacity to support current portfolio companies and meet new founders. Existing investments named include Generalist AI, ORION Security and VAST Data. Norwest also offers portfolio companies support through its Portfolio Success team, advisers and community programs. Since its previous fund, the firm says it has added more than 85 companies and supported over 30 liquidity events; it expanded into Israel and India in 2005.

Norwest raises its biggest fund yet at $4 billion for AI investments

Norwest raised a $4 billion fund on November 12, 2026, and plans to invest across the AI industry, from infrastructure and chip startups to business software and specialized AI tools. The firm has historically invested in areas including healthcare, fintech and enterprise software. The fund can support companies from Series A through pre-IPO stages, as AI businesses may need large amounts of capital and may stay private longer. Norwest raised the money as some investors grew cautious after mixed results from AI investments in 2024 and 2025. The article says the firm has not disclosed which startups will receive money from the new fund, and its success will depend on whether AI companies deliver useful products and revenue.

Warby Parker and Google prepare AI glasses with privacy safeguards

Warby Parker is entering the smart glasses market with Google and Samsung, with pre-orders set to begin Thursday, November 12, 2026. The glasses will connect to Google’s Gemini assistant for features such as directions and translation. Google says it will not use recorded visuals to train its AI, will block facial recognition of bystanders and will show a white light when video recording starts. Google also plans to redact faces from video sent to Gemini and ban targeted advertising on the glasses. Privacy concerns remain, as some governments and businesses are considering limits on camera-equipped glasses. Omdia reported that Meta glasses made up 81.3% of AI glasses shipments in the first half of 2026.

Google and Samsung open preorders for Gemini smart glasses

Google and Samsung are taking preorders for AI smart glasses starting at $395, with sales set to begin Dec. 10. The glasses come in 30 designs from Gentle Monster and Warby Parker, weigh about 41 grams and offer up to nine hours of battery life. They include a 12-megapixel camera, open-ear speakers, and Gemini features such as hands-free calls, Google Maps directions, and translation in more than 70 languages. Google says camera visuals are excluded from Gemini History, AI model training, and ad targeting, and that the glasses use an indicator light when recording. Samsung says users must be at least 18 and verify their age to activate the glasses.

CoreWeave shares jump as quarterly revenue climbs 168 percent

CoreWeave shares rose 24.71 percent on Wednesday to close at $60.77 after the company reported strong third-quarter revenue. Revenue reached $3.661 billion, up 168 percent from the same period last year, while its revenue backlog stood at $132.5 billion at the end of September 2026. Its net loss widened to $709 million from $110 million. CoreWeave raised its revenue growth guidance to $13 billion to $13.3 billion and its operating income guidance to $1.275 billion to $1.375 billion.

South Korea forms task force to strengthen national cyber resilience

South Korea’s National Artificial Intelligence Strategy Committee has formed a task force to help keep key services running and restore them quickly after cyberattacks. Led by Lee Won-tae of Kookmin University, the 11-member group will study AI threats and gaps in current cyber response plans. Its work will cover AI data centers, power and communication networks, finance, and digital services used in daily life. By the first quarter of next year, the task force plans to prepare a national strategy and a 2027 to 2028 roadmap, including more than 10 action items and over 20 vulnerability checks.

Market experts discuss Nvidia, AI stocks and the Fed outlook

Citi Chief Investment Strategist Steven Wieting, CappThesis Founder and President Frank Cappelleri, and Defiance ETFs Co-Founder and CIO Sylvia Jablonski discuss Nvidia and AI stocks. They also talk about Federal Reserve rates and broader market trends. The video is part of CNBC’s Morning Call Sheet.

Poll asks whether Nvidia controversy could hurt the US AI race

A poll asks whether the Nvidia controversy affects the United States’ ability to win the AI race. The article says the issue could unsettle billions of dollars in AI investment. It could also fuel calls to restrict advanced chip exports and tighten AI oversight, with possible effects on U.S. competitiveness and national security.

Steve Hou says fears of rapid GPU depreciation are overstated

Steve Hou, head of research at Silicon Data, says fears that GPUs quickly lose value are overblown. He said a six year old Nvidia A100 still earns strong rental rates, and estimated its fair value at 22% of its original price. Hou estimated the H100 at 50% to 60% of its original sale price and the B200 at about 180%. He said rental prices are near record highs and all GPUs are being used, while warning that the key question is whether AI demand will spread beyond the AI industry.

XPeng expands into AI robots as its stock trades below one times sales

XPeng is expanding beyond electric vehicles into physical AI, including robotaxis and humanoid robots. The company has reported record EV deliveries and has a profitable services segment, while its stock trades at less than one times sales. The article values XPeng’s humanoid robot business at more than $6 billion and says XPeng holds about half of that value. On Nov. 12, 2026, its stock was trading at $9.91 on Pluang, down 2.17% for the day, with a market value of $9.90 billion.

Meloni heads to Dublin for European talks on security, energy and AI

Italian Prime Minister Giorgia Meloni will attend two European summits in Dublin on Nov. 12 and 13. The European Political Community summit will focus on competitiveness, security, energy, connectivity and artificial intelligence, followed by an informal European Council meeting. Meloni is also due to join discussions on Ukraine, Moldova and drug trafficking. Italy plans to focus on energy costs, infrastructure and conditions for European businesses, while leaders will discuss Europe’s role in the Ukraine peace process.

CoreWeave results lift US stocks and boost AI shares

US stock indexes rose on Nov. 11 after CoreWeave reported third-quarter results that beat market expectations. The results strengthened confidence in demand for the infrastructure behind artificial intelligence. Semiconductor and related stocks rallied, with the S&P 500 up 1.31% and the Dow Jones Industrial Average up 0.59%. Analysts expected demand for AI-related stocks to rise further in the coming weeks.

Sources

• Norwest pushes deeper into AI with new $4B fund
• Norwest closes $4B global, multi-stage fund to fuel investments in healthcare, biotech and AI
• Norwest Announces $4B Fund with AI Among Its Investment Priorities
• Norwest Raises $4B Fund, Biggest Yet, for AI Push
• Warby Parker bets on Google AI glasses for growth, but privacy fears still loom
• Google and Samsung are opening preorders for AI smart glasses starting at $395
• Why CoreWeave Inc. (CRWV) is Surging This Much
• In response to the increasing number of cyber-attacks using artificial intelligence (AI), the govern..
• Morning Call Sheet: Nvidia selloff, AI opportunities, Fed outlook and market trends
• VOTE: Do you think the Nvidia scandal affects the US's ability to win the AI race?
• Strategist Steve Hou says fears of fast GPU depreciation are overblown
• XPeng expands beyond EVs into AI robots, trading below 1x sales despite growth and high margins
• PM Meloni heads to Dublin for European summits on competitiveness, security and AI
• US Equity Indexes Jump as CoreWeave's Strong Q3 Results Boost AI Trade