Ascended equipment is a special type of equipment that can be acquired in the Fractals of the Mists dungeon and created in the Mystic Forge. Ascended equipment is bolded in pink and can be upgraded with Infusions via Infusion slots. Only ring and back accessories will be available with the Lost Shores release, but a complete set of Ascended items will be available in the future.
Ascended items only have an Infusion slot, and not a normal upgrade slot. Bonuses from normal upgrade slots are instead built into the item itself.