Meta Connect, the company's annual event dedicated to all things AR, VR, AI and the metaverse is just days away. And once again, it seems like it will be a big year for smart glasses and AI. This year ...
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Meta closes Reality Labs, lays off over 1,000 employees
Meta is reportedly eliminating more than 1,000 roles from its Reality Labs division, the sector responsible for the company’s ...
In a memo to employees earlier this week, Meta CEO Mark Zuckerberg shared a vision for a near-future in which “personal [AI] superintelligence for everyone” forms “the beginning of a new era for ...
The word “metaverse” has been used so often in recent years that it can feel more like a buzzword than a concrete idea. Tech companies promise it will change how we work, learn, play, and even relate ...
Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels. If ...
(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse. By Mike Isaac Reporting from San Francisco. Meta is ...
The Roundhill Ball Metaverse ETF offers exposure to companies advancing the metaverse, spanning infrastructure, software, and user interface technologies. METV is a capital appreciation vehicle, ...
Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.
Meta reorganizes its metaverse unit, shifting Vishal Shah to its AI division, per an internal memo. Gabriel Aul and Ryan Cairns now lead Meta's metaverse efforts, focusing on VR and mobile. Meta CTO ...
Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
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