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Meta Invests $3.5 Billion in World's Largest Eye-Wear Maker

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.

CNBC on MSN · 1d

Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push

Meta and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses.

Bloomberg on MSN · 1d

Meta Invests $3.5 Billion in World’s Largest Eye-Wear Maker in AI Glasses Push

Meta Plaforms Inc. bought a minority stake in the world’s largest eyewear manufacturer, EssilorLuxottica SA, deepening the US tech giant’s commitment to the fast-growing smart glasses industry, according to people familiar with the matter.

AI, Meta and Apple

Moneycontrol · 2h

Meta offers $200 million to Apple’s AI chief Ruoming Pang, far more than Apple pays anyone but Tim Cook

Most of the money offered to new hires like Pang is tied to Meta’s stock. The actual cash includes a base salary and a joining bonus, but the biggest part depends on how well Meta performs over time.

Times Now on MSN · 1h

Apple’s Top AI Engineer Leaves for Meta with Jaw-Dropping Pay

Apple’s top AI engineer, Ruoming Pang, has left the company to join Meta for a huge pay offer. He led the team behind Apple’s key AI features like Siri and Apple Intelligence. His exit shows how big tech companies are fighting hard to hire the best AI talent.

News9Live on MSN · 2h

Meta gives record pay to Apple’s AI leader, Tim Cook’s salary left behind

Meta has reportedly offered a massive $200 million (₹1,740 crore) package to hire Apple’s AI leader Ruoming Pang. Apple didn’t match the offer, making room for Pang to join Meta’s high-profile superintelligence team,

3h

Meta hires Apple’s AI Chief at recording breaking USD 200 million+ package

Meta has hired Ruoming Pang, Apple's former head of AI, by offering a staggering pay deal worth over USD 200 million spread ...

1don MSN

Meta reportedly recruits Apple’s head of AI models

Ruoming Pang previously ran Apple's in-house team that trained the AI foundation models that underpin Apple Intelligence and ...

1d

Zuckerberg's Meta Superintelligence Labs poaches top AI talent in Silicon Valley

Meta Platforms is racing to secure top artificial intelligence talent for its newly created Superintelligence Labs to better ...

2don MSN

Is Meta’s pricey AI hiring spree worth it? This analyst has doubts.

Meta’s push for top-tier AI talent, which could cost up to $1.4 billion, raises questions about its approach to competing ...

2don MSN

Meta Hires Top Apple AI Expert, Continuing Zuckerberg’s Recruitment Push

Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.

1don MSN

Pokee AI, a new AI agent startup led by ex-Meta manager, lands $12M to automate online workflows

Michael Cai, head of product engineering), Christopher Wu (head of ML engineering), Zheqing (Bill) Zhu (founder and CEO), and ...

20hon MSN

Meta Has Surged on the Back of AI Software. Why Hardware Is the Next Play.

Meta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.

3hon MSN

Reid Hoffman says 'crazy' pay packages make sense for top AI talent

Meta has been poaching top AI talent from its rivals with eye-watering signing bonuses. Reid Hoffman acknowledged that the AI ...

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