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The deal arrives one month after Meta debuted new Oakley Meta AI smart glasses in partnership with the eyewear company.
Meta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.
Meta and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses.
Apple is reportedly developing smart glasses that could compete with the Meta Ray-Bans, but they are not expected to launch ...
Meta's $3.5bn investment enhances its partnership with EssilorLuxottica, advancing their long-term collaboration on ...
Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production ...
Meta bought a stake worth around 3 billion euros ($3.52 billion) in EssilorLuxottica at the current market price and is ...
When I first slipped on the Ray-Ban Meta smart glasses a year ago, I didn’t quite expect them to become such an integral part ...
Meta has purchased a 3% stake in eyewear manufacturer EssilorLuxottica for approximately $3.5 billion, according to Business ...
Meta has opened a new £12m audio research lab in Cambridge, aimed at improving the sound capabilities of its AR and AI ...
Meta has ramped up its push into AI-powered wearables with a $3.5 billion (A$5.2 billion) investment in the maker of Ray-Ban ...
Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at ...