Tag: Reality Labs

Meta’s metaverse leaves virtual reality

Meta is shifting its metaverse strategy beyond virtual reality, focusing on AI, ...

Meta burned $19 billion on VR last year, and 2026 is sh...

Meta’s virtual reality division, Reality Labs, posted losses of more than $19 bi...

Well, there goes the metaverse!

Meta is winding down its metaverse ambitions after years of heavy investment, la...

Meta reportedly plans to cut 10% of Reality Labs staff ...

Meta is reportedly cutting about 10% of its Reality Labs workforce as it shifts ...