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Warby Parker shares jumped after announcing a strategic partnership with Google. They will create AI-powered smart glasses for all-day wear, launching after 2025.
Warby Parker said Google has committed up to $75M for product development and commercialization costs and will invest another $75M in the company if it hits certain collaboration milestones.
Warby Parker shares rise after analyst Chen boosts price target, citing Google partnership, tech innovation, and long-term growth potential.
Warby Parker shares surged about 16% after Google announced a smart glasses partnership on Tuesday. Google has committed up to $150 million as part of the agreement.
Warby Parker shares surged 15% after Google announced a smart glasses partnership on Tuesday. Google has committed up to $150 million as part of the agreement.
Warby Parker (WRBY) has tied up with Google (GOOG) (GOOGL), under which the eyewear company will receive up to $150M investment to develop AI-powered glasses meant for all-day use.
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