News
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 acquires $3.5 billion stake in Ray-Ban parent co to build AI-powered smart glasses
Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at approximately $3.5 billion. The deal represents nearly 3 per cent of the eyewear giant’s shares and reflects Meta’s continued interest in the AI-enabled wearables segment.
Meta and Oakley have partnered to create new glasses that utilize artificial intelligence to serve users while they serve ...
Meta works with Oakley to launch performance glasses powered by AI building off Ray-Ban partnership with new features including 3K video, longer battery life and water resistance.
Facebook owner Meta has opened a £12million audio research laboratory in Cambridge as it steps up its work on AI-powered ...
Hosted on MSN13d
Oakley, Meta Drop AI Sunglasses With 3K Camera, Speakers: Here's How Much They'll Cost YouReady to level up your content, your fitness, and your feed? Oakley and Meta just dropped a new line of AI-powered ...
Meta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.
Shares of Meta Platforms ( META 0.87%) were moving higher again in June as the social media giant benefited from the broader ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback