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Meta Invests $3.5 Billion in World's Largest Eye-Wear Maker

Meta Invests $3.5B in Ray-Ban, Oakley Maker to Create AI Smart Glasses

Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two companies have been in partnership since 2020, collaborating on glasses featuring artificial intelligence technology.

Bloomberg on MSN · 16h

Meta Invests $3.5 Billion in World’s Largest Eye-Wear Maker in AI Glasses Push

Meta Plaforms Inc. bought a minority stake in the world’s largest eye-wear maker EssilorLuxottica SA, a deal that increases the US tech giant’s financial commitment to the fast-growing smart glasses industry,

CNBC on MSN · 19h

Shares of Ray-Ban maker EssilorLuxottica jump 5% on reported Meta stake in AI push

Meta and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses.

Meta, AI and Apple

TechCrunch on MSN · 1d

Meta reportedly recruits Apple’s head of AI models

Ruoming Pang previously ran Apple's in-house team that trained the AI foundation models that underpin Apple Intelligence and other on-device AI features.

Los Angeles Times · 1d

Apple loses top AI models executive to Meta’s hiring spree

Apple Inc.’s top executive in charge of artificial intelligence models is leaving for Meta Platforms Inc., another setback in the iPhone maker’s struggling AI efforts.

MarketWatch on MSN · 2d

Is Meta’s pricey AI hiring spree worth it? This analyst has doubts.

Meta’s push for top-tier AI talent, which could cost up to $1.4 billion, raises questions about its approach to competing with other companies, a Rosenblatt analyst says.

13hon MSN

Meta Has Surged on the Back of AI Software. Why Hardware Is the Next Play.

Meta Platforms is looking to deepen its relationship with its smart-glasses partner as part of a new vision of the Metaverse.

2h

Meta poached Apple’s top AI engineer Pang Ruoming with pay package over $256 million

Meta's new “superintelligence” team has some of the highest compensation of any corporate job. Read more at straitstimes.com.

1don MSN

Pokee AI, a new AI agent startup led by ex-Meta manager, lands $12M to automate online workflows

Michael Cai, head of product engineering), Christopher Wu (head of ML engineering), Zheqing (Bill) Zhu (founder and CEO), and ...

5don MSN

Meta’s AI Talent War Had Reports of $100 Million Bonuses. Here’s Why It Matters

The race for AI dominance has Mark Zuckerberg's company dangling eye-popping salaries to lure top performers from rivals such ...

2d

How Meta's new AI chatbot could strike up a conversation with you

Chatbots will only send follow-up messages after a user has initiated a previous conversation, according to Meta. If the user ...

2d

Meta Hires Top Apple AI Expert, Continuing Zuckerberg’s Recruitment Push

Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.

4h

Meta, Copilot Flunk AI Privacy 101 — Big Tech Is Playing Chicken With Your Privacy

Meta AI, Gemini and Copilot were found to be the most aggressive data collectors in a study of generative AI platforms.

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