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In the race to finally convince consumers of the benefits of AR and AI powered smart glasses, the global tech giants are heading back to the future – with stores.
Artificial intelligence (AI)-powered glasses from Google and eyewear retailer Warby Parker will not hit the market until after this year, according to the co-CEO of the glasses retailer.
NEW YORK--(BUSINESS WIRE)--Warby Parker Inc. (NYSE: WRBY) (the “Company”), a direct-to-consumer lifestyle brand focused on vision for all, today announced that the Company will be presenting at the Baird Global Consumer, Technology & Services Conference Tuesday, June 3, 2025 at 10:50 a.m. Eastern Time. The presentation will be webcast live over the internet and can be accessed at https://investors.warbyparker.com/. An online archive will be available for a period of 90 days following the pr.
Warby Parker co-founders and co-CEOs Neil Blumenthal and Dave Gilboa discuss the company's partnership with Google to develop smart glasses powered by AI.
Warby Parker co-founders and co-CEOs Neil Blumenthal and Dave Gilboa join 'Squawk Box' to discuss the company's partnership with Google to develop smart glasses powered by AI.
TD Securities analyst Oliver Chen maintained a Buy rating on Warby Parker WRBY, raising the price forecast from $20 to $24.
Google's renewed push into the smart glasses market through new partnerships with Warby Parker and luxury fashion group Kering will also benefit EssilorLuxottica- the company behind Ray-Ban smart glasses made with Meta- and accelerate the broad adoption of smart glasses, analysts say.
Warby Parker stock price surged by over 15% on Tuesday after unveiling a major $150 million partnership with Google. It jumped to a high of $22, its highest swing since March 6, up by 61% from the lowest point this year.
Google announced a partnership with Warby Parker for smart glasses, challenging Meta's Ray-Ban line. The collaboration includes an investment of up to $150 million, with up to $75 million toward development.
Many investors were seeing vast potential in Warby Parker (WRBY 16.03%) on Tuesday. Collectively, they bid the eyeglass specialist's share price up by 16% on the day, thanks to news of its tie-up with a top name in the tech sector.