New Delhi, Sept. 18 -- Meta announced the launch of its latest wearable, the Meta Ray-Ban Display, at its annual Meta Connect event. Priced at $799 and available starting September 30, the new AI-powered smart glasses were introduced alongside a neural wristband controller, underscoring the company's continued bet on wearable computing as a core part of its artificial intelligence strategy.

As per reports, Meta's shares gained more than 1% in premarket trading to$783, hours after the product reveal. Ray-Ban's parent company, EssilorLuxottica, also saw its Paris-listed shares climb about 1.6% to $324.73 (€274.50).

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