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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 Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.
Meta has hired Ruoming Pang, Apple's former head of AI, by offering a staggering pay deal worth over USD 200 million spread ...
Meta has been poaching top AI talent from its rivals with eye-watering signing bonuses. Reid Hoffman acknowledged that the AI ...
Meta Platforms is racing to secure top artificial intelligence talent for its newly created Superintelligence Labs to better ...
Ruoming Pang previously ran Apple's in-house team that trained the AI foundation models that underpin Apple Intelligence and ...
Meta offered over $200 million to poach Pang, Apple’s former AI models team lead, as part of its aggressive talent ...
Appaloosa's billionaire chief completely exited or pared down his fund's stakes in 10 high-profile AI stocks over 12 months.
Meta’s push for top-tier AI talent, which could cost up to $1.4 billion, raises questions about its approach to competing ...
Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.
Meta is offering huge pay packages to attract AI talent. Ruoming Pang from Apple received a deal worth over $200 million.
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