Meta eyes Prada for next AI smart glasses, Ray-Ban Gen 3 nearing launch
Meta is reportedly teaming up with luxury fashion house Prada to develop its next generation of AI-powered smart glasses, expanding its eyewear strategy beyond Ray-Ban. Although the Prada collaboration has not been formally announced yet, if the reports turn out to be true, the partnership will mark Meta's entry into high-end fashion tech for its Meta smart glasses lineup. This collaboration will also build on Prada's long-standing eyewear licensing deal with EssilorLuxottica. advertisementFor those who don't know, EssilorLuxottica owns RayBan, which Meta has been working with for years. Meta and EssilorLuxottica first partnered in 2019 and released the first-gen Ray-Ban Meta smart glasses in 2021. EssilorLuxottica also owns Oakley, which Meta has confirmed that it is collaborating with, and will launch the product on June 20. And as mentioned above, EssilorLuxottica also has a licensing agreement with Prada, which the latter extended for another decade in December 2024.According to a CNBC report, the Prada glasses are still in development, but a former Meta staff reportedly said that Prada's eyewear styles – particularly the ones with thicker temples – would actually be ideal for embedding Meta's AI tech.
Earlier this week, Meta confirmed a new partnership with Oakley. These Oakley Meta smart glasses are aimed at athletes and active users and are expected to launch on June 20, as teased by a newly created Instagram account titled 'Oakley | Meta'.
advertisement
Reports suggest that the Oakley smart glasses will be a bit more rugged and weather-resistant than Meta's Ray-Ban glasses. While the Meta RayBan's are priced starting at $299 (around Rs 26,000) in the US, the Oakley ones are expected to be priced around $360 (Rs 31,000 approximately). The Oakley Meta smart glasses are believed to include similar features to the RayBan ones, such as voice-controlled calls, text messaging, livestreaming, photo and video capture, music playback, and integration with Meta AI via the 'Hey Meta' voice prompt. However, unlike the Ray-Ban version, the Oakley glasses may also feature a centrally placed camera, reportedly to help athletes like cyclists capture a better field of view.The Oakley smart glasses will be Meta's third-edition of the product, with the second-generation Ray-Bans released last year. The current model of the Meta smart glasses includes features such as hands-free AI support, photo and video capture, language translation, and audio playback, all of which is integrated into frames like the Wayfarer and the newer Skyler. Lenses of the glasses can be customised with options like clear, sun, polarised or Transitions, and are compatible with prescription needs. Similar options are also expected with Meta's Oakley and Prada collaborations.In May this year, Meta also finally brought the Ray-Ban smart glasses to India, at a starting price of Rs 29,900. There is currently no news if and when the Oakley Meta glasses will launch in the Indian market.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
21 minutes ago
- Business Standard
Expansion positives factored into the valuations of Hindustan Zinc
The company expects revenues to rise from Rs 34,100 crore in FY25 to Rs 40,000-42,000 crore with phase-I expansion, and further rise to Rs 62,000 to Rs 65,000 crore upon completion of plan Devangshu Datta Listen to This Article The board of Hindustan Zinc Ltd (HZL) has approved a capital expenditure (capex) plan of ₹12,000 crore to be funded through internal accruals and debt to expand zinc smelting capacity by 250 kilo tonnes per annum (KTPA) at Debari in Rajasthan along with a mine capacity expansion of 330 KTPA. At an investor meet held by the company, the management announced that the expansion is expected to be completed in the next 36 months, with capex across FY26-FY28. The guidance is ₹3,500 crore capex in FY26, ₹5,000 crore in FY27, and the remaining in FY28. Of the capex,
Scroll.in
25 minutes ago
- Scroll.in
Iran-Israel conflict top updates: Meta rejects Tehran's claims on location tracking
United States-based technology company Meta on Wednesday said it does not ' track the precise location ' of the users of its messaging platform WhatsApp, reported CBS News. Earlier in the day, Iran reportedly asked its citizens to stop using WhatsApp, Telegram and other 'location-based applications', accusing them of being Israel's 'main methods to identify and target individuals'. This came against the backdrop of the conflict between Israel and Iran entering its sixth day. The countries have launched fresh attacks on each other. Here is more on this and other top updates: Meta, the parent company of Facebook, WhatsApp and Instagram, said on Tuesday that the ' false reports ' from Iran will be an excuse for its services to be blocked in the country 'at a time when people need them the most'. It stated that all of the messages sent via WhatsApp are 'end-to-end encrypted meaning no-one except the sender and recipient has access to those messages, not even WhatsApp'. 'We do not provide bulk information to any government,' the tech firm said. The statement came after the Islamic Republic News Agency urged citizens to deactivate or delete their WhatsApp accounts because the 'Zionist regime is using citizens' information to harm us', Al Jazeera reported. Iran's Supreme Leader Ayatollah Ali Khamenei said his nation would never surrender as demanded by United States President Donald Trump. A day earlier, Trump had demanded Iran's 'unconditional' surrender amid its conflict with Israel. The US president also claimed that Khamenei was in hiding and that Washington knew about his whereabouts. In a speech read on state television on Wednesday, Khamenei said: 'America should know that any military intervention will undoubtedly result in irreparable damage.' Russian Deputy Foreign Minister Sergei Ryabkov warned that direct US military assistance to Israel could radically destabilise the situation in West Asia, Reuters reported. In separate comments, the head of Russia's SVR foreign intelligence service, Sergei Naryshkin, was quoted as saying that the situation between Iran and Israel was now critical. Two buildings housing manufacturing sites for centrifuge components for Iran's nuclear programme have been destroyed at Karaj, just outside the capital Tehran, AFP quoted the International Atomic Energy Agency as saying. The UN agency's announcement came hours after Israel's military said it had carried out a series of air strikes in and around Tehran.
Indian Express
26 minutes ago
- Indian Express
Rs 2,434 crore ‘fraud': CBI opposes Jai Corp, Anand Jain's pleas against FIR
The Central Bureau of Investigation (CBI) on Wednesday opposed the pleas filed by Jai Corporation Ltd and its promoter Anand Jaikumar Jain before the Bombay High Court challenging the FIR registered by the central agency alleging serious financial irregularities by the company and its promoters. The central agency had alleged defrauding of funds to the tune of Rs 2,434 crore from the public investors in real estate projects among other irregularities. A division bench of Justices Ajey S Gadkari and Rajesh S Patil was hearing pleas by Jai Corp and Jain seeking quashing of the FIR. The CBI, through advocate Kuldeep Patil, sought dismissal of the plea stating that the investigation in the matter was still in progress. The central agency justified its FIR stating that it was initiated based on the HC order of January 31. The CBI on February 12 had constituted a five-member SIT led by its DIG Sarah Sharma to probe the allegations. The HC granted two-week time to file reply to the plea to respondent Shoaib Richie Sequeira, the original complainant who had approached the HC through earlier petition seeking preliminary probe in the matter. The court also granted further two-week time to petitioners to file rejoinder to CBI and Sequeira's reply and posted further hearing after four weeks. The central agency had claimed that Jai Corp Ltd with Jain, its sister concerns, their directors and promoters, one Parag Shantilal Parekh and other unknown private persons have 'committed offences of criminal conspiracy, dishonestly inducing delivery of property, making forged documents for the purpose of cheating, using as genuine the forged documents and thereby caused wrongful gain to themselves.' The Jai Corp and Jain in April filed writ pleas in the HC seeking quashing of the CBI FIR and other interim reliefs, claiming that the action against them was arbitrary. On March 17, the Supreme Court had disposed of the appeal by Jai Corp against Bombay High Court order directing CBI Zonal director to form an SIT to conduct thorough probe into the allegation of fraudulent activities to the tune of Rs 3,000 crore by Jain. On January 31, the Bombay HC bench led by Justice Revati Mohite-Dere had passed a judgment on a plea by 61-year-old Sequeira. The HC had noted that there were 'national and international ramifications in the case.' The HC had also expressed disappointment over conduct of EOW and CBI showing inability to conduct a probe and stressed on the need for fair and efficient probe. The SC appreciated 'courage' shown by HC judges to pass the said verdict. The CBI FIR in question has listed allegations including that 'during May 2006 and June 2008, Jain and his group in their individual capacity and as directors/promoters of Jai Corp. Ltd, in conspiracy with sister companies of Jai Corp. Ltd., floated two entities i.e. Urban Infrastructure Venture Capital Ltd. and Urban Infrastructure Trustees Ltd.' As per the FIR, they 'mobilised funds to the tune of Rs 2,434 crore from the public at large, for the scheme of Urban Infrastructure Opportunities Fund for the purpose of real estate business at Mumbai & other places.' The FIR further stated that 'on June 31, 2006, Indenture of Trust (IOT) was registered by the two entities with Registrar of Assurances, Mumbai as settlor and trustee, to establish a venture capital fund and got it registered with the SEBI.' The disclosure of interest in the IoT allegedly stated that 'no transaction arrangement or investment will be made with another person with whom the director, officer, employee, etc. has some relationship and create conflict of interest'. The central agency said that in contravention of the declaration, the accused persons 'cheated the public at large and diverted funds by way of making investments/giving unsecured loans within the sister concerns.' The CBI further alleged that sister concerns of Jai Corp, over the years, showed the unsecured loans as losses on the basis of false and fabricated documents, so as to justify the constructions/real estate projects. Moreover, these corporate entities too 'executed forged agreements against advance paid for the purchase of benami land to justify the losses.' The CBI, in its FIR dated February 18, 2025, alleged that through criminal conspiracy, Jain, one Parag Shantilal Parekh, and their group diverted part or whole of Rs 2, 434 crore collected from investors by the two entities in 2006-07 to Mauritius and/or Jersey Channel Islands for incorporation of corporate entities at these places so as to divert the money collected from investors and banks. The FIR further stated that part or whole of Rs 3,252 crore availed as loan from Banks in 2006-07 by Navi Mumbai SEZ Pvt Ltd or part or whole of Rs 686 crore availed as loan from banks by the said company in 2003-04 too was diverted to the Mauritius and/or Jersey Channel Islands. The central agency further alleged that Jain, Parekh and their group diverted/laundered Rs 98.83 crore of foreign currency loan availed by Navi Mumbai SEZ Pvt Ltd from banks in 2008-09 to Mauritius and thereafter floated corporate entities to facilitate diversion of loan amount availed in India to abroad. In the end, it was alleged that the parent company of Jain, 'during 2010-17 fraudulently exported goods to Sarbags PTY Ltd, New South Wales, Australia and Assurance Products Corporation, California, USA on the basis of fictitious invoices/documents and thereby diverted the funds for their end utilisation.'
