In both public and private, Meta CEO Mark Zuckerberg extols the future of AR even while staff worry about him getting in bed ...
Reality Labs lost $13.7 billion (roughly Rs. 1,12,200 crore) in 2022. Last year, Meta revealed that Reality Labs posted a loss of $46.5 billion while generating nearly $11 billion (roughly Rs. 91,744 ...
Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...
Meta's Reality Labs saw significant growth in 2024 with a 40% increase in sales, beating many targets. The division's success ...
Meta Platforms Inc. has delivered a robust performance in its fourth quarter of 2024, surpassing analyst expectations and ...
Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
DeepSeek’s AI disrupts industry, causing Nvidia’s $600B plunge. AI investments surge: SoftBank backs Skild AI, ElevenLabs raises $250M, and Infinite Reality buys Obsess.
Meta's bet on the metaverse continues to face staggering financial setbacks. Its Reality Labs division recorded an ...
Granted, Zuckerberg informed investors on the Q4 earnings call that Meta plans to invest between $60 and $65 billion in ...
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
Meta is expecting to spend more than $60 billion in 2025, up roughly 60% from 2024. Time will tell whether this spend will ...