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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’s next display-less Ray-Ban smart glasses leak with claims of better battery [Gallery]
However, these glasses won’t have a display still. These are direct successors to the existing Ray-Ban Metas, not to be confused with “Hypernova,” a product that has a display and was recently leaked by @MysteryLupin.
Meta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.
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It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not only the largest eyewear manufacturer in the world, but also Meta’s partner ...
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