Warby Parker pops 15% on $150 million Google smart glasses partnership

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Warby Parker pops 15% on $150 million

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smart glasses partnership

The Warby Parker store in Harvard Square in Cambridge, Massachusetts.

Pat Greenhouse | Boston Globe | Getty Images

Warby Parker shares surged more than 14% after

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announced a smart glasses partnership its I/O conference.

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has committed up to $150 million to the project. The company has already put $75 million into product development costs and said it would invest an additional $75 million as Warby meets “certain collaboration milestones.”

Warby Parker said it plans to launch a series of products with

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, with the first set to arrive sometime “after 2025.” The glasses will be built on top of

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’s Android XR, an operating system for headset computers.

“Glasses with Android XR will put the power of Gemini one tap away, providing helpful information right when you need it — like directions, translations or message summaries without reaching for your phone. It’s all within your line of sight, or directly in your ear,”

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said in a blog post.

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#Warby #Parker #pops #million #

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#smart #glasses #partnership

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