Meta Invests $3.5 Billion in EssilorLuxottica to Expand AI Smart Glasses Portfolio
📍 Menlo Park, CA — July 9, 2025Meta Platforms has acquired a minority stake of just under 3% in EssilorLuxottica, the world’s largest eyewear manufacturer, for approximately $3.5 billion, reinforcing its commitment to AI-powered smart glasses and deepening its control over hardware development. 🕶️ Strategic Partnership and Product Expansion Meta and EssilorLuxottica have collaborated since […]
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