In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...

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 ...

In 2021, Meta Platforms (NASDAQ: META) was so convinced of the potential in the metaverse that it not only invested heavily ...

Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

Meta stock rose after Q4 earnings beat estimates, offsetting big capex spending. Zuckerberg made the case for AI expansion on ...

Meta stock jumped after Q4 earnings showed AI-driven ad growth is paying off, easing fears that Meta’s AI push will repeat its metaverse mistakes.

Meta is reportedly planning massive budget cuts, potentially up to 30%, for its loss-making Metaverse division, Reality Labs. Following over $70 billion in losses, the company is shifting resources ...

Meta plans a massive $135 billion AI investment by 2026, pivoting from its nearly $80 billion in Metaverse losses to bolster its core advertising business. Unlike the failed Metaverse, AI is already ...