An article summarized by CNBC:

Meta announced a new line of smart glasses called Meta Glasses, priced at $299, making them at least $80 cheaper than the company's entry-level second-generation Meta Ray-Ban glasses. Developed in partnership with EssilorLuxottica, the glasses feature new designs but do not carry Ray-Ban or Oakley branding. The move reflects CEO Mark Zuckerberg's continued push into wearable technology as competition in AI-powered eyewear accelerates.

The glasses do not include a display screen but feature a camera, speakers, and integration with Meta AI. Users can ask the AI to translate languages, identify objects, answer questions about their surroundings, and capture photos or videos. Meta views these lightweight smart glasses as a stepping stone toward more advanced augmented reality devices with built-in displays and computing capabilities, such as the company's previously announced $799 Ray-Ban Display glasses.

Meta has found stronger consumer adoption in smart glasses than in virtual reality headsets, helping it establish a dominant position in the emerging category alongside EssilorLuxottica, with an estimated market share exceeding 80%. However, competition is intensifying as rivals enter the space, including Google's upcoming AI glasses partnership with Warby Parker and Snap's recently unveiled $2,195 Specs smart glasses. Meta's latest launch includes three new frame designs and a dedicated charging stand as the company seeks to expand adoption of AI-powered wearable devices.

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