Alphabet, Google's parent company, announced an updated version of its failed Google Glass on Wednesday.

Artificial intelligence, paired with this yet-to-be-named pair of glasses, will provide wearers with translation capabilities and even image search features.

"This is like having a supercharged CTRL+F for the world around you,” Google's senior vice president, Prabhakar Raghavan, explained.

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The translation feature allows wearers to interpret conversations in real time, something the director of product management at Google, Eddie Chung, calls "subtitles for the world." At the conference, executives demonstrated translations of English, Mandarin, Spanish, and American Sign Language.

"What we're working on is technology that enables us to break down language barriers, taking years of research in Google Translate and bringing that to glasses," Chung said.

A "near me" feature will also allow wearers to take photos and search them locally. This will also lead to an update to Google Maps for more in-depth street views "to create a rich, digital model of the world," according to the tech giant. "Near me" is only available in English, though there are plans to expand to other languages.

In addition, Alphabet announced a smartwatch that will go on sale this year and a tablet to be released in 2023.

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By the end of the day Wednesday, Alphabet stock had dropped 0.7%.