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