Meta Explores Investment in EssilorLuxottica to Boost Smart Glasses Development

- Meta is considering a multibillion-euro investment in eyewear giant EssilorLuxottica to enhance its smart glasses push. - Talks are ongoing to deepen their collaboration after the successful launch of the revamped Ray-Ban Meta smart glasses last year. - Meta's CEO Mark Zuckerberg has heavily invested in wearable tech, while EssilorLuxottica aims to attract younger shoppers with new deals. - The latest Ray-Ban Meta glasses, launched last October, have outperformed previous versions and feature livestreaming and AI integration. - EssilorLuxottica recently acquired US streetwear label Supreme and plans to launch Supreme smart sunglasses in partnership with Meta. Source: Financial Times