Vuzix Corporation (NASDAQ:VUZI) is one of the worst AI stocks to invest in according to financial media. On September 8, Vuzix Corporation announced the appointment of Dr. Chris Parkinson as President, Enterprise Solutions. Dr. Parkinson is a co-founder of RealWear, a key competitor of Vuzix, and is known for his work as both Chief Technology Officer and later CEO of the company.
His appointment is expected to accelerate Vuzix’s global growth and its presence in the enterprise market. Dr. Parkinson brings nearly three decades of experience in AR, AI, SaaS, and speech-driven interfaces. His past roles include guiding RealWear through fundraising, international expansion, and strategic acquisitions, as well as contributing to wearable and distributed computing platforms at Kopin Corporation, Alien Technology, and Pacific Northwest National Laboratory.
At RealWear, he oversaw the sale of nearly 100,000 enterprise smart glasses to over 5,000 customers and led the acquisition of Almer Technologies and RealWear’s recapitalization in November 2024. In his new role, Dr. Parkinson will oversee Vuzix’s enterprise product portfolio and go-to-market strategy, including sales, strategic partnerships, customer adoption, and global channel expansion.
Vuzix Corporation (NASDAQ:VUZI) designs, manufactures, and markets AI-powered smart glasses, waveguides, and AR technologies in North America, Europe, the Asia Pacific, and internationally.
While we acknowledge the potential of VUZI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.