Meta’s $3.5 Billion Ray-Ban Stake: The Future of AI Glasses Revealed!
This investment, which amounts to just under 3% of the Ray-Ban maker, shows Meta’s unwavering commitment to developing AI-powered eyewear. Building on their existing collaboration, which includes the Ray-Ban smart glasses launched in 2021, this move is being hailed as a vote of confidence in Essilor Luxottica and the potential of the smart glasses industry. Analysts predict that this market will grow significantly in the coming years, and Meta is clearly not one to miss out on a trend. 🤓