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Meta Platforms reportedly has taken a stake in EssilorLuxottica, the world's biggest eyewear maker, as the U.S. tech giant further commits to metaverse and AI-powered smartglasses. Reuters and ...

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

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

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Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired a stake of nearly 3% in the Franco-Italian company.

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The deal, which could eventually see Meta’s stake in EssilorLuxottica rise to 5 per cent, marks a strategic collaboration ...