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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 is soon set to go from having just one pair of current-gen smart glasses to two as it adds Oakley specs to sit alongside ...
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 ...
The Oakley Meta HSTN sees updates from the Ray-Ban Meta glasses in the form of increased battery, IPX4 water resistance, and ...
The California-based eyewear brand was founded by motocross enthusiast Jim Jannard but is now a part of EssilorLuxottica.
It comes amid reports the Facebook and Instagram owner has purchased a minority stake in Oakley and Ray-Ban owner EssilorLuxottica SA.
Early in the month, Meta also signed a 20-year power purchase agreement with Constellation Energy, showing its commitment ...
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