Meta Shares Rise Nearly 2% Amid Rumors of $3.5 Billion Investment to Bolster AI Smart Glasses Business
1 week ago / Read about 0 minute
Author:小编   

Meta's share price has surged nearly 2%, amidst rumors that the company has invested approximately $3.5 billion to acquire a roughly 3% stake in EssilorLuxottica, the world's leading eyewear manufacturer. This strategic move aims to bolster Meta's AI smart glasses business. CEO Mark Zuckerberg underscored that smart glasses will serve as a pivotal platform for Meta to propel advancements in artificial intelligence and immersive experiences. Moreover, there are indications that Meta may further elevate its stake in EssilorLuxottica to 5%, though this plan remains unconfirmed at this time.