US stocks surge | Meta (META.US) rises nearly 2%, rumored to invest $3.5 billion to expand AI smart glasses business.
According to the Wise Finance APP, on Wednesday, Meta (META.US) rose by nearly 2%, closing at $734.34. On July 9th, sources revealed that Meta spent 3 billion euros (about 3.5 billion US dollars) to acquire a 3% stake in EssilorLuxottica, the parent company of Ray-Ban glasses, to strengthen its AI smart glasses business. Sources also disclosed that Meta is considering further increasing its stake to about 5% in the future, but this plan may still change. Meta CEO Mark Zuckerberg has stated that smart glasses will be a key platform for the company's development in artificial intelligence and immersive experiences.
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