Meta's Reality Labs has lost $60 billion since 2020, and it sees 2025 as a make-or-break year. What's in a smile? If you're training Meta's virtual reality ... Tesla paid up to $48 an hour for ...

But Reality Labs is a leaky bucket. Year-over-year, that division's revenue is down, and losses are up. I predict come end of this year, Meta will shutter its metaverse projects, like Horizon Worlds." ...

With Apple and Meta investing tens of billions into immersive technology, the pressure is on. Android XR also aligns with Google’s current strengths ... Apply today. Sign up for our weekly ...

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter ...

Facebook parent Meta Platforms on Tuesday launched a separate app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet’s Google. The standalone app comes ...

Google parent company Alphabet's ... (META) is laying off some of its Reality Lab workforce. Intel (INTC) stock tumbles after the legacy chipmaker provided a weak revenue and profit forecast. Stay ...

Meta Platforms Inc. META has laid off an undisclosed number of employees from its Reality Labs division, which focuses on developing virtual and augmented reality technologies. What Happened ...

One of the biggest areas to watch will be in Meta’s reported advertising revenue. Following Google ... The Reality Labs unit — which is home to the company’s virtual and augmented reality ...

Forrester Research analyst Mike Proulx said in an email that he sees Meta's Reality Labs business as a "leaky bucket," as its losses continue to grow, while revenue declined in the quarter.

The layoffs impacted teams working on games for Meta's Quest virtual reality headsets and the division that built the popular virtual reality fitness app Supernatural. A note on the official ...

Large language models (LLMs) power AI chatbots such as ChatGPT, Gemini, and Meta AI, processing prompts on the fly and generating human-like text in response. Behemoth was billed as Meta's "most ...