Meta Platforms Inc.Meta launches $299 smart glasses with new AI model Muse Spark, expanding its AI ecosystem and targeting mass market adoption.
Meta Platforms officially unveiled a more affordable $299 smart glasses built in collaboration with EssilorLuxottica, extending gains on June 23. The Meta Glasses feature open-ear speakers, an advanced microphone array, an eight-hour battery life, and are the first to ship with Muse Spark, a new AI model from Meta's Superintelligence Labs designed to interpret visual real-world context for wearable tech users. The launch undercuts the premium $379 Ray-Ban Meta series and represents a strategic shift toward mass market adoption, reinforcing Meta's commitment to commercializing its artificial intelligence ecosystem. Wall Street analysts maintain a consensus Strong Buy rating on Meta shares with a mean price target of nearly $827, implying a potential 45% upside over the next 12 months, though Barchart's technical opinion signals a 100% Sell.
Meta Platforms Inc.Meta launches $299 smart glasses with new AI model Muse Spark, expanding its AI ecosystem and targeting mass market adoption.
EssilorLuxottica S. A.EssilorLuxottica is Meta's collaboration partner for the new smart glasses, likely benefiting from increased production and partnership value.
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