Intel is giving up on its smart glasses effort

Bloomberg reported earlier this year that Intel was seeking a partner in order to try to bring the glasses, known as Vaunt aka Project Superlight, to market.

The company previously ended Project Alloy, a short-lived effort to get into virtual reality glasses.

Intel's statement:

Intel is continuously working on new technologies and experiences. Not all of these develop into a product we choose to take to market. The Superlight project is a great example where Intel developed truly differentiated, consumer augmented reality glasses. We are going to take a disciplined approach as we keep inventing and exploring new technologies, which will sometimes require tough choices when market dynamics don’t support further investment.”