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· 23hMeta 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 and Oakley have partnered to create new glasses that utilize artificial intelligence to serve users while they serve ...
The investment represents nearly 3% of the eyewear company's shares and signals Meta's growing interest in AI-powered wearable technology.
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 ...
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.
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