Warby Parker's stock price surged as it partnered with Alphabet to develop smart glasses
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Google announced a collaboration with eyewear retailer Warby Parker for the development of smart glasses at the annual I/O developer conference, causing Warby Parker's stock price to rise by 15.63%. According to the agreement, Google will invest up to $150 million, with the first products expected to be launched after 2025. The glasses will be based on the Android XR system and will integrate the Gemini AI assistant. This collaboration will compete with smart glasses from Meta and EssilorLuxottica, marking Google's return to the smart glasses market
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