Meta enters with a huge investment, escalating competition in smart glasses.

The smart glasses ecosystem is welcoming more heavyweight players. According to reports from American media, Meta has acquired a minority stake in the global glasses manufacturer giant, France's EssilorLuxottica. This move marks the American tech giant's increased investment in the rapidly growing smart glasses industry. Smart glasses, as the next red ocean in smart wearable devices, are attracting more and more capital attention.