Watch The Google I/O 2014 Keynote Live Here

There is excitement in the air as every tech enthusiast in the world gets ready to witness what Google has to showcase today. We have already heard tons of rumors regarding what might be unveiled at today's event.

Ahead of the keynote, Google has announced that Glass is getting a hardware update following its extended Explorer testing feedback-but current owners won't get upgraded. Google has decided to double the RAM in Glass from 1 to 2GB, as well as giving it a slightly bigger battery.

The Wall Street Journal is reporting that Google will announce "at least one" set-top box running its Android TV operating system at today's I/O event.

In addition, Google is also expected to unveil the next iteration of Android, which is likely to be dubbed Lollypop. We are live blogging the event as it happens but you can also watch the live stream of the event here: