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Meta buys a 3% stake in EssilorLuxottica for $3.5 billion to advance AI smart glasses tech.
Meta Platforms has acquired a nearly 3% stake in EssilorLuxottica, the world's largest eyewear maker, for around $3.5 billion, to boost its investment in AI-powered smart glasses.
This follows successful collaborations on Ray-Ban and Oakley smart glasses and aligns with Meta's expansion into wearable technology.
EssilorLuxottica, aiming to increase smart glasses production, plans to broaden its partnership with Meta across other brands.
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Meta compra una participación del 3% en EssilorLuxottica por $3.5 mil millones para avanzar en tecnología de gafas inteligentes de IA.