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Warby Parker pops 16% on $150 million Google smart glasses partnership

  • Warby Parker shares surged 15.6% after announcing a smart glasses partnership with Google at the I/O developer conference.
  • Google has committed up to $150 million, with $75 million already invested in product development costs for the smart glasses.
  • Warby Parker plans to launch stylish smart glasses with Google, built on Android XR with the Gemini AI assistant, set to release after 2025.
  • This partnership will compete with Meta's collaboration with EssilorLuxottica and marks Alphabet's return to the glasses market after its Google Glass in 2013.

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