<ul data-eligibleForWebStory="true">Alphabet, Google's parent company, is ready to reintroduce smart glasses after the setback with Google Glass in the past.Google is partnering with Warby Parker and Kering to launch a new line of intelligent eyewear for the smart glasses market.Alphabet will fund up to $75 million for Warby Parker's product development and marketing, alongside a $75 million equity investment in Warby Parker.The new smart glasses, dubbed Warbygoggles, will have advanced AI features to process text, audio, video, and more.The collaboration aims to target the growing but still niche market for smart glasses.Google's previous attempt with Google Glass faced challenges due to fashion fit and market needs.The partnership with established eyewear and fashion companies indicates a strategic shift in approach for Google.The smart glasses market has the potential for growth with innovative products like those from the Alphabet-Warby Parker-Kering partnership.Alphabet's involvement suggests a renewed interest and investment in smart eyewear technology.The new line of smart glasses is expected to be available online later this year.Google's $75 million investment in Warby Parker demonstrates a substantial commitment to the project.The partnership with Warby Parker and Kering indicates a focus on merging technology with fashion in the new smart glasses.The collaboration highlights the importance of strategic partnerships in the tech industry for successful product launches.The upcoming Warbygoggles will leverage advanced AI to enhance user experience and functionality.The history of Google Glass serves as a lesson in balancing technology innovation with market demands and user preferences.The alliance between Warby Parker, Kering, and Alphabet signals a fresh start in the smart glasses market, aiming for better reception and success.