Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production ...

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

Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at ...

The minority stake in EssilorLuxottica will allow Meta to continue its push to manufacture smart glasses with AI features.

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The advance of as much as 5.5 percent on Wednesday gave EssilorLuxottica a market value of EUR 116.5 billion (roughly Rs. 11,68,623 crore). Warby Parker, a competing glasses-maker, rose 4.5 percent in ...

Meta bought a stake worth around 3 billion euros ($3.52 billion) in EssilorLuxottica at the current market price and is ...

Meta Platforms reportedly has taken a stake in EssilorLuxottica, the world's biggest eyewear maker, as the U.S. tech giant further commits to metaverse and AI-powered smartglasses. Reuters and ...

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For around 3.5 billion US dollars, Meta is acquiring a 3 percent stake in Essilor Luxottica –, the eyewear manufacturer behind Ray-Ban, Oakley and Co.

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