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Ray-Ban, Meta and Oakley

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.

The American Bazaar · 1d

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 and strengthen its superintelligence team.

Investopedia on MSN · 1d

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.

1don 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.

Cambridge Independent14h

Inside Facebook owner Meta’s new £12m audio research lab in Cambridge for AI-powered glasses

Facebook owner Meta has opened a £12million audio research laboratory in Cambridge as it steps up its work on AI-powered ...

Road to VR10h

Meta Reportedly Invests $3.5 Billion in EssilorLuxottica, Further Strengthening Smart Glasses Partnership

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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