The companies have partnered on the Ray-Ban Meta smart glasses for years, with the second-generation frames going on sale in October 2023 and by all accounts exceeding expectations.
"Taking that stake in EssilorLuxottica [would be] a very big deal," Jim Cramer said Thursday on CNBC, noting how strong demand for the Ray-Ban Meta glasses have been.
The second-gen Ray-Ban Meta smart glasses incorporate the tech firm's artificial intelligence assistant, MetaAI, which enables wearers to ask questions about their surroundings and get answers.
This is a hand-over-fist production" for Ray-Ban Meta glasses, Jim said Thursday.
Ray-Ban Meta Smart Glasses 2nd generation at a Meta Platforms event in San Francisco, California, US, on Sept. 18, 2023.
Persons:
Ray, cautioning, Meta, Jim Cramer, Meta's, Mark Zuckerberg, Zuckerberg, Jim, we'll, Jim Cramer's, David Paul Morris
Organizations:
Financial Times, Street, Meta, Ray, CNBC, Reality Labs, Bloomberg, Getty
Locations:
France, EssilorLuxottica, San Francisco , California