Meta’s virtual reality ambitions continue to come at a steep cost. The company has revealed that Reality Labs, the division ...
The go-to VR headset for gaming and other immersive experiences is just $270, with 3 free months of Meta Horizon+ thrown in.
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...
The reported financial losses follow a series of layoffs at the VR unit.
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities to build next-generation AI.
Meta beats Q4 revenue estimates, shares rise 11%, while CEO Zuckerberg plans $115–135B in 2026 AI spending backed by ...
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