Meta expects expects 80% of Metaverse employees to have AI integrated into their daily routines by the end of the year. Reading time 2 minutes Meta employees still working on the Metaverse are now ...
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Meta Platforms Inc. is weighing significant cuts to the budget of its metaverse unit, Bloomberg and the New York Times reported today. The unit is responsible for the company’s Quest series of virtual ...
Meta is reportedly restructuring its Reality Labs and Metaverse organizations as it doubles down on the integration of artificial intelligence across its products, according to a Business Insider ...
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of dollars in losses and wiped out a huge chunk of shareholder value, the company ...
Mark Zuckerberg's metaverse chief is urging employees to adopt AI across every workflow as part of a broader shift inside the company. A Meta executive in charge of building the company’s metaverse ...
Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...
Meta is reportedly planning to cut spending on its metaverse group by up to 30% in 2026, including its Horizon Worlds social VR platform and the Quest virtual reality headset business, according to a ...
Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...
Though still refocusing on its mobile app, Meta will now continue to support Horizon Worlds' existing VR games as well. Now it seems as though Meta has partially reversed its decision, with CTO Andrew ...