Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two ...

Meta Platforms has acquired almost 3% of EssilorLuxottica, the parent company of Ray-Ban and Oakley, as the social media ...

The deal arrives one month after Meta debuted new Oakley Meta AI smart glasses in partnership with the eyewear company.

It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not ...

Meta has ramped up its push into AI-powered wearables with a $3.5 billion (A$5.2 billion) investment in the maker of Ray-Ban ...

Meta may not have officially announced its investment in the eyewear group just yet, but the idea sends a clear signal that ...

As Meta prioritizes wearable technologies, its 3% stake of EssilorLuxottica could potentially increase to 5%, according to a ...

Meta Platforms Inc. (NASDAQ: META) has acquired a nearly 3% stake in EssilorLuxottica SA (OTC: ESLOY), valued at ...

Meta buys 3% stake in EssilorLuxottica, signaling deeper push into smart glasses as interest in AI wearables grows.

Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired ...

Last month, the social media giant invested $14.3 billion in Scale AI ( SCAI.PVT) and brought on its CEO, Alexandr Wang, and ...

Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI ...