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Meta, Ray-Ban

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

Meta Platforms reportedly has taken a stake in EssilorLuxottica, the world’s biggest eyewear maker, as the U.S. tech 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 about $3.5 billion.

Yahoo Finance · 7h

Meta injects $3.5bn in Ray-Ban maker to push AI glasses development

Meta's $3.5bn investment enhances its partnership with EssilorLuxottica, advancing their long-term collaboration on AI-powered smart glasses.

AOL · 18h

Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says

Meta Platforms has acquired a nearly 3% stake in eyewear maker EssilorLuxottica, a source told Reuters on Tuesday, amid growing consumer interest in AI-powered wearable devices. Sprucing up its wearable technology with artificial-intelligence capabilities could help Meta attract new users as it invests billions of dollars in bolstering its AI infrastructure.

Meta Poaches Apple's Top AI Exec

Reuters · 1d

Zuckerberg's Meta Superintelligence Labs poaches top AI talent in Silicon Valley

Meta Platforms is racing to secure top artificial intelligence talent for its newly created Superintelligence Labs to better compete with rivals including OpenAI, Google and Anthropic.

Bloomberg L.P. · 1d

Meta Poaches Top AI Talent From Apple

Meta is hiring away top AI talent from Apple. Matthew Bloxham of Bloomberg Intelligence is on "Bloomberg Brief." (Source: Bloomberg)

PCMag on MSN · 1d

Meta Poaches Apple's Top AI Exec: Where Does This Leave Apple Intelligence?

Another setback for the iPhone maker could put its AI future in jeopardy, or push it even closer to using models from OpenAI or Anthropic instead of developing its own.

Meta, Apple

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.

The Wall Street Journal · 1d

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.

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.

3hon MSN

Meta Wants to Reboot the Metaverse. Why AI Glasses Could Hold the Key.

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

Barchart on MSN7h

Meta Is Eyeing a Voice AI Startup. How Should You Play Meta Platforms Stock Here?

Meta Platforms (META) continues its aggressive artificial intelligence expansion, with reports emerging at the end of June ...

Meta’s Long-Term AI Vision Gains Support — But EU Rules and Competition Loom

Meta Platforms, Inc. (NASDAQ: META) is one of the Top 10 AI Stocks in the Spotlight . On July 3, Citizens JMP analyst Andrew ...

4don MSN

Better Artificial Intelligence Stock: Nvidia vs. Meta Platforms

This means that many investors are once again asking themselves which AI players look like the best buys today. Nvidia ( NVDA ...

13d

Meta in Talks to Buy AI Voice Startup PlayAI in Push for Talent

Meta Platforms Inc. is in advanced talks to acquire PlayAI, a small startup using artificial intelligence to replicate voices ...

23hon MSN

Facebook parent sees price target overhauls after AI poaching hits Apple

Meta Platforms turned heads on Wall Street with an aggressive move to accelerate its artificial intelligence business.

Meta's AI Empire Grows — Fueled By OpenAI, DeepMind, Apple Defectors

Meta Platforms is expanding its AI dominance through Superintelligence Labs, hiring top talent from OpenAI, Google DeepMind ...

1don MSN

Baird Raises Meta Platforms, Inc. (META) Price Target After AI Event

Meta Platforms, Inc. (NASDAQ:META) is among the 11 best places to invest money without risk. Analysts at Baird increased the ...

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