Meta Acquires $3.5 Billion Stake in Ray-Ban Maker to Expand AI Glasses Strategy

Meta has invested roughly $3.5 billion for a minority stake in Essilor Luxottica, the world’s largest eyewear producer, as a part of its technique to broaden into the unreal intelligence (AI) glasses market. The acquisition, which quantities to simply underneath 3% of the Ray-Ban maker, displays Meta’s dedication to growing AI-powered eyewear, constructing on their present […]



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