Meta will announce a pair of AR glasses next month, called Meta Celeste, and they may well be significantly more affordable than was previously thought.

To boost demand, Meta has also cut back its margins and priced the device closer to an iPhone, Bloomberg's Mark Gurman reports.

As for what Meta's new smart glasses will be able to do for you, they're reportedly a "deluxe" version of the regular Ray-Ban Metas, with gesture controls and the ability to take