Meta Plaforms Inc. bought a minority stake in the world’s largest eyewear manufacturer, EssilorLuxottica SA, deepening the US ...

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

Warby Parker, a competing glasses-maker, rose 4.5% in the US on Tuesday after Bloomberg’s report. The deal aligns with Meta CEO Mark Zuckerberg’s commitment to AI, which has become a top ...

SAN FRANCISCO] Meta Platforms bought a minority stake in the world’s largest eyewear maker EssilorLuxottica, a deal that ...

VR headsets will play in the future even if smart glasses become the dominant way XR/AR applications are used. Up to now, ...

The minority stake in EssilorLuxottica will allow Meta to continue its push to manufacture smart glasses with AI features.

The tech firm, which has been influential in the augmented reality sphere for over a decade, recently introduced the Rokid AR Spatial, a lightweight, high-functioning pair of Spatial Computing glasses ...

The battery in the glasses should last around eight hours between charges. The frames cost around $377, and there’s an additional $20-per-month subscription fee to access the transcription service.