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Zuckerberg’s Meta reportedly takes stake in Ray-Ban maker, showing commitment to AI-powered smartglasses

July 9, 2025
09:19 AM
2 min read
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Meta reportedly takes a 3% stake in EssilorLuxottica

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2 min read

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investment

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Published

July 9, 2025

09:19 AM

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MarketWatch

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moneyfinancialtechnologyconsumer goodsmarket cyclesseasonal analysismarket

Advanced ➔ Results Zuckerberg’s Meta reportedly takes stake in Ray-Ban maker, showing commitment to AI-powered smartglassesPublished: July 9, 2025 at 5:19 a

ETResizeListen(3 min)Mark Zuckerberg wearing augmented realityglasses AP Photo/Godofredo A

Vásquez, File Meta Platforms reportedly has taken a stake in EssilorLuxottica, the world’s biggest eyewear maker, as the U

Giant further commits to metaverse and AI-powered smartglasses

Reuters and Bloomberg News separately reported the 3% stake that Meta has taken in the maker of Ray-Ban glasses, worth $3

The Author Jules RimmerJules Rimmer is a reporter in London

Rimmer spent more than 30 years as a trader and stockbroker in financial, starting at Salomon Brothers in the Liar's Poker era, taking in ING Barings, Jefferies and ending it in emerging at Investec

He hung up his headset and pivoted to journalism in 2021

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