There are few details yet
It looks like the new generation of smartwatches with Wear OS will become much more autonomous. Qualcomm announced that it is jointly developing the Snapdragon Wear platform based on the RISC-V architecture with Google.
Qualcomm is moving from Arm to RISC-V.
The press release says that the new platform will be aimed generally at devices in the wearable electronics segment with Wear OS, but for now, this is only smartwatches. Perhaps with the release of such a platform the range of devices will expand. Qualcomm says the development will help pave the way for more products in the ecosystem that can take advantage of dedicated processors with low power consumption and high performance.
It is not yet clear when the first such SoC will appear, but Qualcomm promises to talk about it later.