<ul data-eligibleForWebStory="false"><li>Meta has reportedly invested $3.5 billion in EssilorLuxottica, acquiring just under 3% of the eyewear conglomerate.</li><li>Meta is considering additional investments, which could increase its stake to around 5% over time.</li><li>The partnership between Meta and EssilorLuxottica has been extended until 2030, aiming to turn glasses into a major technology platform.</li><li>The collaboration between Meta and EssilorLuxottica will result in the release of Oakley Meta HSTN, offering improved features over previous smart glasses.</li></ul>

Meta Reportedly Invests $3.5 Billion in EssilorLuxottica, Further Strengthening Smart Glasses Partnership

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