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Meta Platforms (META) is inching closer to the $2 trillion mark, fueled by growing investor enthusiasm around its artificial intelligence (AI) initiatives. The company is steadily transforming from a social media powerhouse into a tech innovator with tangible hardware offerings.
Its Ray-Ban Meta smart glasses, developed with EssilorLuxottica (ESLOY), have already sold more than 2 million units. However, these glasses provide limited AI interaction, photos, video, and audio features. But Meta is now poised to take a significant next step.