Meta Invests $3.5 Billion in World’s Largest Eye-Wear Maker in AI Glasses Push
Meta Platforms bought a minority stake in the world’s largest eyewear maker EssilorLuxottica, a deal that increases the US tech giant’s financial commitment to the fast-growing smart glasses industry, according to sources familiar with the matter. Apparently, Facebook parent Meta purchased just under 3 per cent of Ray-Ban maker EssilorLuxottica, a stake worth around three…