Meta Platforms (NASDAQ:META) has quietly acquired a nearly 3% stake in eyewear giant EssilorLuxottica, a move that underscores the social media conglomerate’s long-term vision for AI-powered wearable technology.
According to Reuters, Meta’s stake is worth roughly €3 billion ($3.52 billion) at current market prices, with Bloomberg reporting the company may raise its holdings to as much as 5% in the near future.
This isn’t just another corporate investment—it’s a strategic expansion that aligns with Meta’s broader ambitions in AI infrastructure and consumer hardware. With the Ray-Ban Meta smart glasses achieving commercial success since 2023 and a new line of Oakley Meta HSTN smart glasses rolling out, Meta is pushing the boundaries of seamless, wearable AI.
These AI-powered devices feature:
Hands-free high-resolution cameras
Open-ear speakers
Onboard Meta AI for real-time tasks and interactions
Water resistance for all-weather utility
Meta aims to capture the growing intersection between fashion and functionality, banking on brand credibility from eyewear legends like Oakley and Ray-Ban to fuel adoption.
EssilorLuxottica, the parent company behind globally dominant brands like Ray-Ban, Oakley, and Persol, offers Meta a massive distribution footprint and manufacturing know-how—two areas where tech companies often fall short in hardware launches.
To understand how this investment fits Meta’s broader strategy, track Meta’s financial strength using the Key Metrics (TTM) API. This API gives visibility into cash flow, R&D spend, and return on invested capital.
Meanwhile, EssilorLuxottica is scaling up its smart glass production—a capacity boost that may soon support Meta’s ambition to blend AI deeply into daily life.
Meta’s move signals a belief that wearable AI isn’t a gimmick—it’s the next platform shift. With Apple and Google pursuing parallel paths in spatial computing and AR glasses, this equity stake may represent the foundation of a long-term Meta-Essilor alliance.
Investors can follow real-time sentiment and news via the Company Rating API, which aggregates analyst outlooks and technical signals across both META and EssilorLuxottica.
Meta’s €3 billion investment isn’t just about smart glasses—it’s about embedding AI into lifestyle in a frictionless, voice-first way. With infrastructure spending, hardware partnerships, and in-house AI models, Meta is positioning itself not just for today’s tech race—but for the next computing era.
