The deal arrives one month after Meta debuted new Oakley Meta AI smart glasses in partnership with the eyewear company.

It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not only the largest eyewear manufacturer in the world, but also Meta’s partner ...

Meta has ramped up its push into AI-powered wearables with a $3.5 billion (A$5.2 billion) investment in the maker of Ray-Ban ...

In Meta's eyes, smart glasses could finally give it something it's lacked: a native hardware platform that bypasses phones ...

Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at ...

Meta Platforms Inc. bought a minority stake in the world's largest eyewear maker, EssilorLuxottica SA, a deal that increases ...

Meta Platforms Inc. (NASDAQ: META) has acquired a nearly 3% stake in EssilorLuxottica SA (OTC: ESLOY), valued at ...

Meta Platforms has made a strategic move in the world of smart glasses. The company has taken a stake of nearly 3% in EssilorLuxottica, the parent company of Ray-Ban. The investment, estimated at ...

The social media giant invested in EssilorLuxottica SA, which has collaborated with Meta on smart glasses, Bloomberg reported ...

Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production ...

Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired ...

As the AI arms race intensifies, Meta’s latest move signals a strategic emphasis on speech and voice interfaces.