Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

The Virtual, Augmented, and Mixed Reality market is at a transformative juncture, evolving from niche applications to mainstream consumer and enterprise use, reshaping industries such as gaming, ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as Zuckerberg’s Vision Fails appeared first on Futurism.

The company's Reality Labs division--which comprises virtual and augmented reality consumer hardware, software, and ...

We came across a bullish thesis on Meta Platforms, Inc. on Investment Ideas by Antonio’s Substack by Antonio Linares. In this ...

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

Almost one-third of the cuts will take place at the tech giant’s offices in Redmond, which house its augmented reality division.

The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the ...