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Meta Explores Stake in Ray-Ban Maker Essilorluxottica, FT Reports

Shares of EssilorLuxottica jumped 6 percent on the report, while Meta stock was up 1 percent in premarket trading.
On Wednesday, at Meta’s annual conference on virtual and augmented reality — and now AI — the tech giant and Ray-Ban announced the second generation of their smart glasses, called the Ray-Ban Meta.
EssilorLuxottica CEO Francesco Milleri said earlier this week that the new generation of Ray-Ban Meta smart glasses have sold more in a few months than the old ones did in two years. (Meta, Ray-Ban)

Meta Platforms has explored a multibillion-euro investment in eyewear group EssilorLuxottica, the

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