News
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 companies have been in partnership since 2020, collaborating on glasses featuring artificial intelligence technology.
Meta acquires $3.5 billion stake in Ray-Ban parent co to build AI-powered smart glasses
Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at approximately $3.5 billion. The deal represents nearly 3 per cent of the eyewear giant’s shares and reflects Meta’s continued interest in the AI-enabled wearables segment.
Facebook owner Meta has opened a £12million audio research laboratory in Cambridge as it steps up its work on AI-powered ...
Meta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.
It comes amid reports the Facebook and Instagram owner has purchased a minority stake in Oakley and Ray-Ban owner ...
Today (09 July 2025), Meta has opened a new 16 million dollar (£12m) audio research lab in Cambridge, which is in the UK ...
Shares of Meta Platforms ( META 0.87%) were moving higher again in June as the social media giant benefited from the broader ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback