News

Meta Acquires 3% Stake in EssilorLuxottica as Smart Glasses Strategy Expands
Meta Platforms has acquired almost 3% of EssilorLuxottica, the parent company of Ray-Ban and Oakley, as the social media ...
GlobalData on MSN16h
Meta strengthens portfolio with PlayAI acquisition
The acquisition adds a new platform to Meta’s portfolio that creates natural conversational agents for user interaction.
eWeek5d
Meta Invests $3.5B in Ray-Ban, Oakley Maker to Create AI Smart Glasses
Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two ...
Vogue Business3d
Why would Meta want to invest in EssilorLuxottica?
Meta may not have officially announced its investment in the eyewear group just yet, but the idea sends a clear signal that ...
Meta Bets Big on Smart Glasses with $5.2B Investment in Ray-Ban and Oakley Maker
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 ...
Can AI glasses replace smartphones? Zuckerberg thinks so, do you?
Meta CEO Mark Zuckerberg envisions a future where AI glasses replace smartphones as the primary computing platform. With over ...
EssilorLuxottica share price jumps on Meta’s 3% stake
Meta buys 3% stake in EssilorLuxottica, signaling deeper push into smart glasses as interest in AI wearables grows.
The American Bazaar5d
Meta invests $3.5 billion in Ray-Ban-maker EssilorLuxottica
Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production ...
Meta Buys Stake in the Parent Company of Ray-Ban and Oakley, Report Says
The social media giant invested in EssilorLuxottica SA, which has collaborated with Meta on smart glasses, Bloomberg reported ...