<ul data-eligibleForWebStory="false"><li>Meta has invested €3 billion in EssilorLuxottica, acquiring a 3% stake in the company, which owns well-known eyewear brands.</li><li>Recently, Meta collaborated with EssilorLuxottica on smart glasses like Ray-Ban Stories, Ray-Ban Meta, and upcoming Oakley Meta HSTN.</li><li>Google has also reportedly taken a 4% stake in Gentle Monster, a competitor of EssilorLuxottica.</li><li>Next-gen smart glasses models, such as Oakley Meta Sphaera glasses, with improved AI features and longer battery life, are expected from the collaboration.</li></ul>

Meta Invests €3 Billion In EssilorLuxottica, Taking 3% Stake

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