Meta Invests in AI Talent and EssilorLuxottica
Meta Invests in AI Talent and EssilorLuxottica

Meta Invests in AI Talent and EssilorLuxottica

News summary

Meta has offered more than $200 million to recruit Ruoming Pang, who previously led Apple's AI models team, as part of its Superintelligence Labs initiative targeting advancements in artificial general intelligence (AGI). This aggressive recruitment is part of a wider talent war, with Meta attracting top engineers from competitors such as Apple and OpenAI using record compensation packages. Alongside these efforts, Meta has invested $3.5 billion to acquire just under a 3% stake in EssilorLuxottica, the world’s largest eyewear maker and a key partner in the Ray-Ban Meta smart glasses project. The partnership has already resulted in strong sales of smart glasses, with plans for expanded production and the introduction of new features across brands including Oakley and Prada. These moves highlight Meta's ambition to lead in both AI development and the smart glasses market amid growing competition from Apple. The collaboration offers EssilorLuxottica access to Meta's technology while providing Meta with a global eyewear distribution network, advancing the adoption of AI-powered wearables.

Story Coverage
Bias Distribution
44% Right
Information Sources
daae85f0-2883-42fc-b085-888140adf30d71639883-fbbd-48af-8cc3-393f63e7b2ef68e7fc5e-537b-4887-b796-fbd29c3156187684cee2-ff92-4e65-86b5-bfb0b188107d
+5
Left 22%
Center 33%
Right 44%
Coverage Details
Total News Sources
12
Left
2
Center
3
Right
4
Unrated
3
Last Updated
18 days ago
Bias Distribution
44% Right
Related News
Daily Index

Negative

26Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News