Jan. 13 at 5:03 PM
According to a Bloomberg report, demand for AI-powered smart glasses is rising, lifting shares of eyewear retailer Warby Parker after news that Meta Platforms and EssilorLuxottica are discussing plans to double production capacity of their AI smart glasses by the end of this year.
The report points to strong consumer interest in the emerging wearable technology category. Warby Parker appears to be benefiting from investor optimism, supported by its partnership with Google to develop AI-enabled glasses, which positions the company within the expanding AI wearables ecosystem.
Bloomberg highlighted accelerating consumer adoption of smart glasses as AI capabilities improve, while Meta and EssilorLuxottica’s potential capacity expansion signals confidence in continued market growth. Trading volume in Warby Parker shares surged above average as investors reacted to the news.
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