Social networking firm, Meta is on course to top $100 billion worth of investment into augmented and virtual reality as the company pushes its smart glasses. This comes as CEO Mark Zuckerberg ...

Meta Platforms has acquired almost 3% of EssilorLuxottica, the parent company of Ray-Ban and Oakley, as the social media ...

Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two ...

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

It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not ...

Meta has ramped up its push into AI-powered wearables with a $3.5 billion (A$5.2 billion) investment in the maker of Ray-Ban ...

Meta may not have officially announced its investment in the eyewear group just yet, but the idea sends a clear signal that ...

Meta Platforms Inc. bought a minority stake in the world's largest eyewear maker, EssilorLuxottica SA, a deal that increases ...

Meta buys 3% stake in EssilorLuxottica, signaling deeper push into smart glasses as interest in AI wearables grows.

Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI ...

Meta's Reality Labs investment, including Ray-Ban smart glasses and Quest VR headsets, is set to hit $100 billion.

Meta Platforms' augmented reality glasses could disrupt the market like the iPhone, with a price target of $1,705 by 2034. Click here to read why META is a Hold.