Snap seeks $1 billion fundraise for AR glasses

New details on Evan Spiegel's quest to win the AR race. Also: this week on ACCESS.

Evan Spiegel at the Sun Valley Conference in July.

Snap is in talks to raise at least one billion dollars for its AR glasses division.

Sources say that CEO Evan Spiegel has been in discussions with potential investors, including Saudi Arabia’s Public Investment Fund, to raise the capital over the past couple of months. Talks with PIF, which manages roughl…