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flag Ray-Ban Meta smart glasses boost EssilorLuxottica’s shares 28% with AI features, sparking privacy concerns in Europe.

flag Ray-Ban Meta smart glasses, launched in 2021 by Meta and EssilorLuxottica, are driving a 28% rise in the eyewear company’s shares, marking its first major AI-driven revenue growth. flag The glasses let users capture media, stream content, and use an AI assistant, aiming to lead a post-smartphone era. flag Despite strong market traction—estimated at 60% of the smart-eyewear segment—privacy concerns over unconsented recording and data use for AI training have drawn scrutiny from European regulators, including Ireland’s Data Protection Commission, who question compliance with GDPR and the EU’s AI Act. flag A 2024 survey revealed a divide between users who value social and self-expression benefits and non-users fearing surveillance. flag EssilorLuxottica continues expanding its lineup with Oakley and Prada-branded models and developing new features like gesture-controlled displays, while navigating risks from competition and potential declines in traditional eyewear sales.

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