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Meta Invests $3.5 Billion in World's Largest Eye-Wear Maker

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.

Bloomberg on MSN · 11h

Meta Invests $3.5 Billion in World’s Largest Eye-Wear Maker in AI Glasses Push

Meta Plaforms Inc. bought a minority stake in the world’s largest eye-wear maker EssilorLuxottica SA, a deal that increases the US tech giant’s financial commitment to the fast-growing smart glasses industry,

MarketWatch on MSN · 12h

Zuckerberg’s Meta reportedly takes stake in Ray-Ban maker, showing commitment to AI-powered smartglasses

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 Bloomberg News separately reported the 3% stake that Meta has taken in the maker of Ray-Ban glasses, worth about $3.5 billion.

Meta Poaches Apple's Top AI Exec

Zuckerberg's Meta Superintelligence Labs poaches top AI talent in Silicon Valley

Meta Platforms is racing to secure top artificial intelligence talent for its newly created Superintelligence Labs to better compete with rivals including OpenAI, Google and Anthropic.

Bloomberg L.P. · 1d

Meta Poaches Top AI Talent From Apple

Meta is hiring away top AI talent from Apple. Matthew Bloxham of Bloomberg Intelligence is on "Bloomberg Brief." (Source: Bloomberg)

PCMag on MSN · 1d

Meta Poaches Apple's Top AI Exec: Where Does This Leave Apple Intelligence?

Another setback for the iPhone maker could put its AI future in jeopardy, or push it even closer to using models from OpenAI or Anthropic instead of developing its own.

7hon MSN

Meta Has Surged on the Back of AI Software. Why Hardware Is the Next Play.

Meta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.

43mon MSN

Apple (AAPL) AI Chief Jumps to Meta—Evercore Still Bullish With $250 Target

Apple Inc. (NASDAQ: AAPL) is one of the 10 AI Stocks Investors Are Watching This Week . On July 8, Evercore ISI analyst Amit ...

1d

Apple loses top AI models executive to Meta’s hiring spree

Apple Inc.’s top executive in charge of artificial intelligence models is leaving for Meta Platforms Inc., another setback in ...

1don MSN

Meta reportedly recruits Apple’s head of AI models

Ruoming Pang previously ran Apple's in-house team that trained the AI foundation models that underpin Apple Intelligence and ...

1don MSN

Pokee AI, a new AI agent startup led by ex-Meta manager, lands $12M to automate online workflows

Michael Cai, head of product engineering), Christopher Wu (head of ML engineering), Zheqing (Bill) Zhu (founder and CEO), and ...

5don MSN

Meta’s AI Talent War Had Reports of $100 Million Bonuses. Here’s Why It Matters

The race for AI dominance has Mark Zuckerberg's company dangling eye-popping salaries to lure top performers from rivals such ...

1d

Meta Hires Top Apple AI Expert, Continuing Zuckerberg’s Recruitment Push

Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.

2don MSN

Is Meta’s pricey AI hiring spree worth it? This analyst has doubts.

Meta’s push for top-tier AI talent, which could cost up to $1.4 billion, raises questions about its approach to competing ...

7hon MSN

Meta Wants to Reboot the Metaverse. Why AI Glasses Could Hold the Key.

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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