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Bloomberg

Meta Invests $3.5 Billion in World’s Largest Eye-Wear Maker in AI Glasses Push

Meta Platforms Inc. Bought a Minority Stake in EssilorLuxottica SA, Deepening the US Tech Giant’s Commitment to the Smart Glasses Industry

“This represents another step in Meta’s commitment to the smart-glasses category,” Bernstein analysts said in a research note. The two companies have worked together for several years to develop AI-powered smart glasses.

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