02:17 PM EDT, 05/20/2025 (MT Newswires) -- Warby Parker ( WRBY ) said Tuesday it formed a partnership with Alphabet's (GOOG, GOOGL) Google ( GOOG ) to develop artificial intelligence-powered glasses for all-day wear.

Google ( GOOG ) will invest up to $75 million in Warby Parker's ( WRBY ) product development and commercialization costs, and the tech giant also committed to investing up to $75 million in Warby Parker ( WRBY ) at the eyewear designer's option and subject to reaching certain collaboration milestones.

The companies expect to launch their first smart glasses model, which will incorporate multimodal AI with prescription and non-prescription lenses, after 2025, Warby Parker ( WRBY ) said in a statement.

Warby Parker ( WRBY ) shares surged 21%, and Alphabet fell 0.7%.

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