Google is reportedly planning to invest $100 million in its smart glasses partner Gentle Monster, a South Korean fashion eyewear brand.
The investment is part of Google's preparation for the rollout of Android XR-equipped smart glasses.
Google is expected to sign a deal worth around $100 million to obtain a 4% stake in Gentle Monster.
The smart glasses, set to release in 2026, will feature Google's Gemini AI and may include on-board displays for visual output.
Competitors like Meta, Samsung, and Apple are also working on their own smart glasses to compete in the wearable computing market.
Meta announced its Oakley Meta HSTN smart glasses in collaboration with Ray-Ban Meta partner EssilorLuxottica.
Samsung and Apple are reportedly gearing up to launch their own smart glasses in the future, with Samsung potentially releasing a device this year and Apple by 2026.