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

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

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

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

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

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

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

Meta is considering further investment that could build the stake to around 5% over time, the people added, though those plans could change ...

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

Meta Platforms Inc .'s META -0.76% Get Free Report Quest series and upcoming Puffin headset have dominated immersive tech, ...

Meta Platforms has made a strategic move in the world of smart glasses. The company has taken a stake of nearly 3% in EssilorLuxottica, the parent company of Ray-Ban. The investment, estimated at ...

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