In this 62-second video, Snapchat CEO Evan Spiegel discusses the company's significant $3 billion investment in next-generation augmented reality glasses. He reveals new smart glasses aimed at transforming augmented reality experiences. The video captures the unveiling at the Augmented World Expo, highlighting Snapchat's innovative approach and future plans for AR technology. Viewers get a glimpse of the sleek design and potential impact of these cutting-edge wearable devices in the tech industry.